Industry news
NatWest’s API growth manager Stacey Wilkinson spoke to Open Banking Expo about the need for other UK banks to provide digital identity solutions for the sake of merchants and consumers.
Attos Open Banking technology and FICO’s transaction data analytics will provide lenders with predictive models built on Open Banking data.
Sage’s SMB customers globally will have access to GoCardless’ direct debit and Open Banking payment capabilities.
A survey by The Payments Association also revealed that the majority of respondents believe AI will be the key to combatting fraud.
Finastra’s Neil Macro writes about the increasing demand for instant payments, the pricing considerations for FIs, and the technology challenges on the road to modernisation.
At the same time, Empower has completed the acquisition of Philippines-based consumer credit and lending company Cashalo.
The partnership sees FinGoal’s transaction enrichment capabilities integrated with Quiltt’s comprehensive API.
Since being introduced in the UK in 2020, CoP has been implemented by more than 100 organisations.
Oliu will provide secure digital identity verification for residents of the province with an Alberta.ca Account.
‘Account Galaxy’ will give banks of all sizes the opportunity “participate in the fast-growing embedded banking business”, according to Finzly’s CEO.
