Industry news
The Financial Data Exchange has provided an update on the number of US and Canadian consumer accounts using the FDX API.
Nuapay’s chief executive officer said the acquisition will result in “a combined organisation with deep domestic and international payments and Open Banking expertise”.
The AI-powered payments network has begun rolling out Open Banking-powered settlements.
ApTap’s bill management tool will be available through Lloyds Bank’s ‘Home Wise’ and Halifax’s ‘HelloHome’ hubs.
The UK bank’s strategic investment is part of its payment platform modernisation plan.
UK-based Ryft will be able to upgrade its digital platform payments offering by integrating American Express.
The new ‘Smart Subscriptions’ solution connects multiple accounts into one central hub using Mastercard’s Open Banking technology.
The bank payment company has been named as a supplier on Crown Commercial Service’s new Open Banking public sector procurement system.
The UK Government will give UK banks the option to delay payments by up to four business days should they suspect fraudulent activity.
Raman Bhatia will join Starling Bank later this year as its new group chief executive officer.
