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Industry news

Danish pension fund Velliv implements Open Banking payments with Aiia

During the months of trying Aiia’s payment platform, Velliv experienced that customers preferred paying with their bank account. 

Regulation can protect consumers and help ‘innovation to flourish’

In an Open Banking Expo panel debate sponsored by Tribe Payments, panellists including Starling Bank’s Jason Maude and NatWest Group’s Lee McNabb discussed how regulation can level the Open Banking playing field and inspire innovation.

Why digital customer journeys are not a ‘silver bullet’

Experian’s Scott Hardiman and Allica Bank’s Conrad Ford discussed the balance to be struck between digital and personal customer journeys in the latest episode of Open Banking Expo TV.

Zilch secures $110m from Goldman Sachs and DMGT

The London-based BNPL provider has topped up its Series B funding round, having raised $80m earlier in the year.

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Credit Passport partners 365 Business Finance

The new partnership has been formed to help support the financial needs of the UK SME sector.

Visa buys Currencycloud in £700m deal

The London-based fintech, which will retain its current management team, has been bought to reduce cross-border payments ‘pain points’.

Nationwide collaborates with OpenWrks to help members in financial difficulty

The partnership sees Nationwide using Open Banking technology and is part of its ‘Open Banking for Good’ challenge.

Banks prioritising investment in APIs, data analytics

New research by Yobota found that 65% of banks and financial institutions plan to invest ‘heavily’ in tech over the coming 12 months to prepare for a ‘digital-first future’.

Australia’s P&N Group partners fintech Frollo

The new partnership is part of a ‘phased approach’ to bringing Open Banking to P&N Bank and bcu’s customers.

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