Industry news
Equifax is growing its Open Banking solutions with the addition of consumer-permissioned insights enabled via Mastercard Open Finance.
CFIT has announced that several major UK banks – including Natwest, Nationwide and HSBC UK – will participate in the Financial Inclusion Coalition, highlighting government and industry support for the initiative to develop a new Supported Payments framework.
Tungsten Automation has announced the launch of Pay+, an intelligent payment orchestration solution within its Invoice-to-Pay (I2P) platform.
Open Banking Expo UK & Europe returns to London’s Business Design Centre for two days of insight, debate and collaboration.
The Prioritisation and Real-world Insights Selection Matrix (PRISM) Taskforce developed a framework to consider the potential impact of Open Finance use cases.
When cash flow insights are paired with credit data, Experian’s analysis shows a predictive performance increase of up to 40%.
Plaid has launched Instant Link, which lets consumers share financial insights with lenders in seconds, alongside an expanded LendScore suite of credit risk models.
In its first year of operation, Colombia’s Bre-B has become the fastest-adopting instant payment method in Latin America, scaling faster than Brazil’s Pix, whose success had made it a global benchmark, according to analysis by EBANX.
As Brite Payments brings its cross-border Pay by Bank service to the UK after securing its Electronic Money Institution (EMI) licence from the Financial Conduct Authority (FCA), new research from the European payments leader reveals just how much of a toll checkout chaos is having on British merchants and consumers.
The investment comes as financial institutions rapidly accelerate their adoption of AI, and demand for Creatio’s platform continues to grow.