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Visa buys Brazil’s Pismo for $1bn

The deal will enable Visa to offer connectivity to payment rails, including Pix, to its financial institution clients.

Q&A: Axway’s Laurent van Huffel reveals his ‘wishlist’ for Open Banking in Canada

The SVP of financial services and Open Banking, North America at Axway explains how the industry in Canada can work together to ensure the best outcomes possible for consumers and SMBs.

European Commission proposes to ‘modernise’ EU’s payments industry under PSD3/PSR

Todd Clyde, chief executive officer of Token.io, called the proposals an “exciting development” for the payments industry.

Women in Open Banking panel at Canada Expo welcome progress and celebrate diverse leadership styles

Speakers representing Mastercard, CIBC, National Bank of Canada, Symcor and League Data discussed female representation broadly in Canada, and also within the industry.

Canada’s biggest banks reveal how they are preparing for Open Banking

At Open Banking Expo Canada, Andrew Escobar, director, Open Finance at MX, asked speakers from CIBC, TD, RBC, Tangerine and BMO on their areas of focus ahead of Open Banking implementation.

Belvo and FICO team up to expand Latin Americans’ access to credit

The new ‘Belvo Open Finance Score’ is being developed by FICO’s AI innovation and development team using AI techniques such as interpretable neural networks.

Weavr launches ‘Embedded Finance Cloud’ solution

The plug-and-play finance provider’s new orchestration platform will enable banks to “scale their embedded finance initiatives without compromising on risk management”.

JROC issues principles to establish ‘competitive and fair’ pricing for premium APIs

The prices that banks and other payment providers agree to charge third party providers for ‘premium’ Open Banking services should incentivise investment and innovation, JROC stated.

Novobanco implements Feedzai’s digital trust and fraud solutions

The Portuguese bank will use Feedzai’s AI offering to address customer bias and improve the overall experience for its 1.5 million clients.

Canadian ecosystem calls for acceleration and innovative use cases Open Banking is set to bring

Speakers on the first panel debate of Open Banking Expo Canada 2023, moderated by Mastercard’s Krista Broughton, were asked what had changed since last meeting in November 2022.