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Latest news

Open Banking Expo wins at Conference and Events Awards 2023

Borough Bench Media, the parent company of Open Banking Expo, won in the Best Conference or Event Series category.

Scotiabank teams up with Xero to automate financial management for Canada’s SMBs

Through the partnership, Scotiabank will offer its business customers simplified financial management to reduce manual data entry, as well as cash flow insights.

Insight: Building customer trust in Open Banking through security transformation

In Canada, ecosystem participants are readying for the implementation of Open Banking. But as they do so, they will need to put customer trust at the heart of any internal and external transformation.

CFIT’s Open Finance Coalition gets underway

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.

Regulators need to create ‘right commercial incentives’ to drive Open Banking take-up

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.

Spend management fintech Moss integrates GoCardless direct debit

The collaboration marks Moss’ expansion into the UK, where it will help SMBs automate month-end administrative tasks.

Speakers from GFT, Flinks and EQ Bank identify challenges in Canada’s Open Banking implementation

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.

Strands forms partnership with Plaid to expand US presence

Through the partnership, Plaid and Strands will be “advancing API-based data connectivity solutions” to US consumers.

Insight: Seven million users on, how far has Open Banking come in the UK?

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.

UK Chancellor launches ‘Future of Payments’ review

Joe Garner, the former chief executive officer of Nationwide Building Society, has been tasked with leading the review.