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Industry news

Douugh agrees $20m discretionary funding facility with Long State Investments

Founder of Douugh says the “fully flexible strategic funding facility” will help the fintech achieve economies of scale.

Feature: The journey from PSD2 to PSD3

What does the next iteration of the Payment Services Directive, PSD3, need to address and can it unify what some see as a fragmented Europe?

CMA publishes recommendations for future of Open Banking in UK

The CMA has published its recommendations for the future regulatory oversight and governance of Open Banking in the UK.

Central Bank of Brazil launches Open Finance

Brazil’s National Monetary Council has approved a Resolution that officially launches the country’s Open Finance project.

Mazda Motor Europe partners with Mollie for payments

The Dutch fintech ‘Connect for Platforms’ product will power Mazda’s new marketplace platform.

Chetwood Financial acquires Yobota to boost BaaS proposition

Yobota CEO and founder Ammar Akhtar, who founded the core banking provider alongside Chetwood in 2016, will step down to “pursue new challenges”.

Canada’s CIO Strategy Council calls for input into proposed Open Finance standard

Stakeholders have until 23 May to comment on the proposed draft standard.

Innovate Finance forms group to promote UK fintech overseas

The International FinTech Group will be co-chaired by Innovate Finance and the Department for International Trade.

Canadian Government appoints Open Banking lead

PwC Canada’s Abraham Tachjian has been named as the Open Banking lead responsible for implementing the Advisory Committee’s recommendations.

Mambu: Consumers need to be told their data is ‘protected’ by Open Banking

Mambu’s Scott Wilson and Salt Edge’s Alina Beleuta joined Open Banking Expo TV to discuss how banks and fintechs can inform consumers about the benefits of Open Banking.

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