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The Centre for Finance, Innovation and Technology named HSBC, Open Banking Limited, Experian, Zopa, Mastercard and the Open Finance Association among the coalition’s founding partners.
Speaking at a Westminster Business Forum policy conference, Lucy Beverley, director, economics, competition and regulatory finance at KPMG, talked about regulation keeping pace with innovation in UK payment services.
The collaboration marks Moss’ expansion into the UK, where it will help SMBs automate month-end administrative tasks.
During a panel session at Open Banking Expo Canada, moderated by GFT Canada’s Mauricio Deutsch, panellists discussed technology and a ‘commitment’ from the largest banks as the main challenges.
Through the partnership, Plaid and Strands will be “advancing API-based data connectivity solutions” to US consumers.
Pradeep Raman, Finova’s director of digital, writes about the rapid growth in Open Banking usage by UK borrowers and the ways in which it can help lenders meet their new Consumer Duty obligations.
Joe Garner, the former chief executive officer of Nationwide Building Society, has been tasked with leading the review.
David Hooper, VP Open Banking and payments consulting at CGI, moderated the panel session ‘How to meet SMBs’ unique needs with Open Banking’ at Open Banking Expo Canada.
Cohen, who previously served as EMEA president of SAP, said he will “steer GoCardless into the next phase of its growth”.
Qover, which specialises in embedded insurance orchestration, has also formed a partnership with digital bank Monzo in the UK.
