Industry news
The long-awaited report from the Government of Canada’s advisory panel on consumer directed finance is seen as ‘important first step’ towards Open Banking.
Open Banking Expo caught up with Token’s VP of technical sales and implementations, Nikita Septucha, to find out what hurdles the industry needs to overcome for A2A payments to become widespread and the potential for regulation to help tackle those barriers.
The CashFlow Manager app has been created together with fintech tomato pay and has begun rolling out to selected corporate and commercial banking clients.
The latest release from the platform means that all clients have access to Open Banking card-free payments.
Token’s Nikita Septucha explains how Europe’s fragmentation challenges around APIs can be resolved through industry dialogue and potentially increased regulation.
Clement Boulais will work alongside chief revenue officer Max Emilson, helping to build on work with clients including Revolut.
The acquisition of the Australian business is expected to close in Q1 2022, with Square CEO Jack Dorsey citing the fintechs’ ‘shared purpose’.
A sixth set of issues was raised by the participants of the working group, which has been tasked with identifying issues and challenges that market participants face during use of API interfaces.
The fintech, which helps renters reach home ownership, secured backing from Sequoia Capital, as well as actor Will Smith’s Dreamers VC and Jay Z’s Roc Nation’s venture investment arm.
The Series A was led by Mercato Partners and comes as Prime Trust surpassed $100 million in annual revenue-run rate.
