OBE Chevrons Orange

Industry news

Collaboration key to combat rising threat of APP scams

Prevention, detection, intervention, and education essential if industry is to extinguish criminal activity across Open Finance.

Innovate or pack your bags, payment providers told

Companies are embracing buy or build strategies to remain relevant amid an increasingly demanding customer landscape.

Legacy systems stifling institutional innovation

Experts in capital markets infrastructure say adoption of Open Banking in the institutional market has been hampered by legacy approaches.

UK bank Lloyds releases ‘Innovation Sandbox’ with NayaOne

The new sandbox will enable Lloyds Banking Group to “experiment and learn with fintechs at pace”.

Australia’s Biza appoints Rob Hale as CTO

Hale joins from TrueLayer and is a member of the Data Standards Body’s CDR Banking Advisory Committee.

UK fintech Ordo secures £10m in Series A

Ordo CEO Craig Tillotson said the case for Request to Pay and Open Banking capability “has never been stronger”.

FriendlyScore announces brand transformation

London-based account information service provider (AISP) and analytical software company FriendlyScore has announced a new brand identity.

Payments Canada delays launch of real-time rail payment system

A new launch date for Canada’s RTR system, which had been due to go live in mid-2023, is yet to be agreed.

Tink partners with Snoop to provide money-saving insights to consumers

The collaboration demonstrates “the real-world value of Open Banking”, according to Tink’s Tom Pope.

Q&A: Mistho’s Max Czymoch on why smart data is key to the move to Open Finance

Max Czymoch, CEO and co-founder of Mistho, reveals his predictions for Open Banking in the UK in the coming 12 months.

Orange squiggle 2 opt