Industry news
UK Finance, which was supported by Deloitte, said that ‘Wave 2’ cVRP use cases “could generate a significant volume of payments”.
RentSpree has launched a dedicated banking experience for small landlords, marking its first move into embedded financial services and expanding beyond screening and payments into full financial operations.
Modulr has launched in the US through a strategic partnership with FIS, expanding its real-time, API-driven payments capability beyond the UK and Europe.
Fintechs and financial institutions were invited to apply under several themes, including Open Banking.
Fonto will leverage Mastercard’s global scale and cybersecurity infrastructure, while improving the quality and breadth of consumer insights.
Commercial Bank of Dubai has become the first bank in the UAE to fully activate Open Finance in live operational use under the Central Bank of the UAE’s AlTareq initiative.
Flutterwave has acquired Mono, an Open Banking infrastructure “pioneer” in Africa, as it seeks to build a connected financial ecosystem and advance alternative payment innovation across the region.
Dr Wandhöfer, who has more than 20 years’ experience across global banking, payments, regulation, governance and cybersecurity, will support industry-led engagement on the proposed Open Banking Future Entity.
Equals Money | Railsr has announced a partnership with Okta to strengthen security, visibility and governance across its fintech and payments operations as AI adoption accelerates.
The UK Payments Initiative is being established as a new entity by the end of 2025, while the first payment will follow in Q1 2026.
