Archive for October 2023
Orum unveils instant bank verification product built on FedNow
Stephany Kirkpatrick, Orum’s chief executive officer, said that US businesses “need confidence” they are debiting or crediting a real account.
Read MoreTarabut partners with Bahrain’s FLOOSS to speed up loan approvals
Demand for personal loans is on the rise in Bahrain.
Read MoreOpen Banking-powered app BuildMyCreditScore launches
By using Open Banking, users of BuildMyCreditScore can build up their credit score through their everyday spending habits.
Read MoreQ&A: Ecommpay’s Arthur Ribakovs on the possibilities of partnerships
Arthur sat down with Open Banking Expo to discuss all things adoption, industry challenges and the bigger picture when it comes to innovation that’s coming down the line.
Read MoreMore than three quarters of payment providers frustrated by lack of VRP progress
Source: Press release Nuapay, EML Payments’ Open Banking and account-to-account (A2A) payments business, announces the results of research into PSPs and ISVs views on Open Banking adoption and potential barriers. UK payment providers reported that they expect over half (51%) of their payment flows to convert to Open Banking in the next three years, with…
Read MoreAero Commerce partners with Ordo
The partnership addresses challenges like fraud, slow settlements, and high payment processing fees head-on.
Read MoreInsight: Open Finance and the future of financial inclusion
Ali Hamriti, chief executive officer and co-founder of Rollee, writes about deploying Open Banking data to create fairer credit scoring systems.
Read MoreCRIF: Brits have ‘different relationship’ to credit than Europeans
New research by CRIF found that 20% of Brits are worried about the impact that the current rise in the cost living is having on their credit score.
Read MoreNatWest launches new transaction categorisation service
NatWest is the first UK bank to offer transaction categorisation as an extension to Open Banking APIs.
Read MoreFintechs Canada campaigns government for Open Banking
The collective voice for Canadian fintechs is demanding the government “upgrade” Canada’s banking system.
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