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The Home Affairs Committee’s inquiry into digital will explore privacy and security concerns, while this week, the Data Use and Access Bill was passed.
HSBC’s Open Payments solution enables customers to initiate direct bank payments from third-party platforms quickly and securely.
Each team will be awarded £50,000 and a tailored package of non-financial support to test and develop their solution in a bespoke, secure Smart Data Sandbox.
The partnership with Salt Edge enables Tradu to address critical challenges in the financial sector, including regulatory compliance, and fraud prevention.
Token.io’s giroAPI admission sets the stage for the next wave of Pay by Bank use cases.
Founding board member Madush Gupta will step in as acting chair until a new permanent chair is appointed.
Policy Expert has selected bank payment company GoCardless to offer a simpler way for customers to pay their pet insurance premiums.
European financial technology provider payabl. has partnered with ClearBank, an enabler of real-time clearing and embedded banking, to expand its UK payment services and enhance security for businesses.
The news coincides with the launch of entries for the 2025 Open Banking Expo Awards.
42% of British businesses are keen to integrate Open Banking into their operations, citing the potential benefits of increased security and fraud prevention, according to Payit by NatWest.
