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Industry news

Insight: PSD2 and Strong Customer Authentication- Defining new customer journeys

As a component of the Payments Service Directive 2 (PSD2) legislation, that was introduced in January 2018, the security measures that are outlined in the Regulatory Technical Standards come into effect from September 2019.

Open Banking Expo launches Canada’s first Open Banking conference

Open Banking Expo is to launch its first event in Toronto in collaboration with Equifax Canada Co.

Insight: Proven APIs hold the key to Open Banking success in Bahrain

The spirit of co-opetition will make Bahrain’s banks the envy of the world, says Abdulla Almoayed, CEO, Almoayed Technologies.

Royal Bank of Canada launches budget tool

Royal Bank of Canada (RBC) has launched NOMI Budgets, a solution available on the bank’s app that uses artificial intelligence (AI) to analyse a customer’s spending history.The feature recommends an appropriate budget and sends timely updates to help keep customers on track.

Insight: Rizwan Khalfan, Chief Digital and Payments Officer, TD Bank

Source: TD Bank Finance Canada has invited businesses to provide their perspective on what they think a Canadian Open Banking system could look like. We caught up with Rizwan Khalfan, TD’s Chief Digital and Payments Officer, to get his thoughts on the opportunities and challenges Open Banking brings to Canadians.…

ING in France opens APIs to third parties

ING customers in France now have more choice in how they manage their money and make online payments. From today, licensed third parties can – with the explicit request of customers – access their payments accounts to initiate payments, confirm the availability of funds, or get account information, for example for a money management app.

Open Banking Expo shortlisted for Best Conference award

Open Banking Expo has been shortlisted for Best Conference at the AEO Excellence Awards. Open Banking Expo, which launched in London on 27 November, was hailed a huge success by visitors, speakers and exhibitors alike. Attended by leading high street banks, challenger banks and fintech businesses, Open Banking Expo focussed…

Start-up and Nationwide combine to help the 20 million people in Britain with money worries

Today marks the launch of Tully. A FinTech start-up that is free for consumers and created to improve financial education, make it easier for people to manage their money and repay debts faster. The start-up’s innovative approach to money management has caught the attention of like-minded industry names such as Nationwide.…

Credit Kudos raises £2.2m in latest round of funding

Credit Kudos, challenger credit bureau and leader in commercial applications of Open Banking, announced they have raised £2.2m in their latest round of funding.

Gregory Pennington embeds Open Banking data to automate annual customer review process

Gregory Pennington, one of the UK’s largest and longest established debt management companies, has integrated an Open Banking solution, provided by Equifax in partnership with AccountScore, into its annual customer review process.

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