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Industry news

Fintech Galaxy teams up with ProgressSoft to accelerate Open Banking in MENA

Through the partnership, banks, PSPs and regulators will benefit from streamlined regulatory compliance and enhanced digital payments.

Bectran speeds up bank verification with Plaid integration

By partnering with Plaid, Bectran will improve the efficiency and security of credit applications.

Trustly works with ProcessOut to make instant bank payments available to merchants

Trustly’s instant bank payment solutions will enable businesses to increase conversion rates, reduce costs and expand into new markets.

CFIT publishes plan to introduce Digital Company ID to tackle economic crime

CFIT’s second industry-wide coalition has published seven recommendations as part of its blueprint for fighting economic crime through the introduction of Digital Company ID.

Prommt partners with Chargebacks911 to help merchants defend against chargebacks

High-risk industries, such as travel and hospitality, typically experience higher chargeback rates.

Ozone API works with cloud consultancy to enable US FIs to adopt Open Banking

Bespin Global US has partnered with Ozone API as financial institutions in the US prepare to comply with recent Open Banking rulemaking.

All-in-one financial platform for Canadian businesses Venn raises $21.5m in Series A

The Series A funding round was led by New York-based Left Lane Capital, while Venn also unveiled a rebrand.

Australian Government reveals plans to expand CDR to non-bank lending in 2026

The Albanese Government has announced a series of changes that will take effect in mid-2026, as part of the CDR “reset” it instigated last year.

Unzer unveils ‘Direct Bank Transfer’ based on Mastercard’s Open Banking infrastructure

The new Open Banking-driven payment method is initially available to merchants in Germany, before being rolled out more widely.

US-based Blend partners with Truework to embed I&E verification across consumer banking

Blend’s platform uses automation, data connectivity, and technology partners to simplify consumer banking and home lending origination for financial institutions.

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