Industry news
Joint research commissioned by EY Canada and Symcor found that Canadians continue to display a high degree of trust in their financial service providers, while personal banking customers show a greater willingness to share their data with new financial service providers.
This marks Mastercard’s first year as headline partner of Open Banking Expo’s flagship Canadian event.
The bank has implemented the Trade Ledger platform to improve access to working capital for corporate clients.
Data intelligence fintech Bud, which entered the US market this year, is one of 72 fintechs in the partner directory.
Boden, who founded the digital bank, said “separating my two roles is in the bank’s best interests”, as it reported record profits.
The new voluntary feature was developed by Klarna following a meeting between its chief executive officer Sebastian Siemiatkowski and MP Andrew Griffith.
Brite Payments chief executive officer Lena Hackeloer writes about the economic turbulence that has helped bring so-called “second generation” fintechs to the fore.
The new partnership uses Open Banking to help FIs offer “personalised lending solutions” to MENA-based businesses and individuals.
The payment orchestration platform will use the funding to introduce customers and partners faster, and “supercharge” its mission to transform payments.
Through the partnership, Airwallex’s customers will benefit from instant, secure account-to-account payments.
