Industry news
Speakers from TD Bank, League Data, CGI and Borrowell discussed the likelihood of an Open Banking framework in Canada by next year, while also calling on the industry to engage consumers.
New research by CRIF also revealed that just under half of European consumers are willing to share more information or data if banks can give them advance warning of potential financial issues.
The community bank will incorporate BankFi’s ‘Open Cash Management’ platform within its existing BaaS framework to support SMB customers.
PSD2 has been both “a success and a failure”, according to senior leaders from across the European Open Banking and payments ecosystem.
Successful collaboration between companies in finance and technology underscores the benefits of the emerging digital ecosystem.
Blanc Labs CEO says “out-of-the-box support” for Open Banking and common data standards will reduce costs and accelerate time-to-market for its clients.
Payment request platform Prommt is Token’s first Irish Open Banking payments customer.
Banking chiefs should stop trying to assess the commercial value of individual APIs and instead focus on the potential returns from investing in the emerging digital economy.
Fintechs will play a pivotal role in enabling banks to meet their ESG targets and the expectations of their customers.
