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Industry news

Open Banking Expo to reunite industry at Confex in November

Senior executives and leaders from across Open Banking and Open Finance will be able to gather in London for this year’s event, along with headline partner Token and more than 80 speakers from across the industry.

Yolt to close smart money app to focus on YTS

The decision to shut down the consumer-facing app is part of a repositioning and will allow it to focus resources on its Open Banking platform Yolt Technology Services.

PayPal pays $2.7bn to acquire Japan’s Paidy

The acquisition boosts PayPal’s presence in the country, where it said Paidy had ‘pioneered’ BNPL solutions tailored to the Japanese market.

Experian collaborates with fintech OBR to support SMEs

Partnership sees Experian power OBR’s flagship product OpenRep, an ‘early warning system’ for SME owners and lenders.

Mastercard expands Open Banking reach with deal to buy Aiia

Mastercard said that the addition of Aiia will ‘anchor’ its European Open Banking efforts.

TrueLayer hires ex-Klarna exec for payments role

Mariko Beising has been named head of payment partnerships at the Open Banking platform.

Tarabut Gateway launch Open Banking payments with ‘TG Pay’ in MENA

The technology is already being deployed and implemented by regional banks.

Insight: Banks and the issue of non-standard ID

Banks and financial services firms must adopt a shift in mindset from viewing non-standard ID as an obstacle into an opportunity, writes Harry Hughes of the Lending Standards Board.

UK to host world’s first VRP hackathon

Ozone API, Open Future World and UK Finance have partnered to host the hackathon from 13 September for four weeks, to test potential use cases that VRPs can deliver.

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