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Industry news

Algebrik AI simplifies lending for US credit unions with Plaid integration

By partnering with Plaid, Algebrik will incorporate cash flow data to increase access to credit for borrowers.

New CFPB acting director appointed as Rohit Chopra departs

Rohit Chopra, who had been director of the Consumer Financial Protection Bureau since 2021, introduced a new Open Banking rule last year.

Real estate investment platform chooses Neonomics’ Open Banking solutions

FundingPartner connects businesses seeking flexible real estate financing with investors.

Payments Canada opens public consultation on expansion of membership

According to Payments Canada, the expansion of its membership eligibility is “a critical step necessary to broaden access to Canada’s payment infrastructure”.

Xero forms partnership with US small business banking platform Bluevine

The integration will give small businesses access to real-time financial data.

Moneyhub supports Money Squirrel to make Open Banking accessible to UK SMEs

Money Squirrel launches its financial management app at the start of this year.

Nova Credit introduces fraud detection enhancements to ‘Income Navigator’

Nova Credit has unveiled improved fraud detection capabilities in response to the increasing sophistication of document falsification, driven by generative AI.

Yaspa partners with Playbook Engineering to ‘raise the bar’ in igaming payments

Yaspa has been chosen by Playbook Engineering to deliver instant bank payment solutions for its online betting sites.

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