Industry news
Since expanding to Australia last year, Volt has been “focused on finding new ways to add value to this dynamic market”.
Simon Eacott said that fraud prevention is “an area of focus” for the UK bank.
The marketplace provides a sandbox environment, offering plug-and-play solutions to streamline “business-to-bank collaboration”.
The subsidiary of the Central Bank of the UAE has partnered with Core42 to implement Open Finance, with the aim to accelerate the adoption of digital financial services.
Germany represents “enormous untapped potential”, according to Brite Payments chief executive officer Lena Hackelöer.
GoCardless’ Seb Hempstead said that the integration with Intuit QuickBooks “is one way we can make life easier for small businesses”.
Together, Fintech Galaxy and FinbotsAI are launching a solution that uses Open Banking data to enhance lending decisions.
UK Finance’s Jana Mackintosh called the model clauses “a stepping-stone to a wider multilateral agreement”.
The account-to-account payment method lets users authenticate and pay friends and family in-app, removing the need for manual data entry.
The JROC report also sets out its plans to create an ‘Interim Entity’, which will be needed for “at least 18 months”.
