OBE Chevrons Orange

Latest news

Australia’s BCU Bank teams up with Frollo to launch financial empowerment app

Frollo’s chief executive officer said that “Open Banking is the key to providing customers with a comprehensive view of their finances”.

Lindsay Hodges joins BankiFi in the US to lead product management

BankiFi, which launched in the US in 2022, has appointed Hodges as it continues to grow its North America presence and offering.

Ecospend hires Lord Chris Holmes after facilitating £13bn in tax payments to HMRC

Lord Holmes, an advocate of technology and social mobility, will advise Ecospend as Open Banking payments use cases grow.

Ryan Reynolds makes investment in Canadian fintech Nuvei

The Hollywood actor and investor said “it’s about time a Canadian company got the type of attention American tech companies do”.

NayaOne wins tender to operate FCA’s permanent digital sandbox

The FCA revealed it plans to expand the digital sandbox service to support “a broader range of innovators” later this year.

Marion King: JROC’s Open Banking report ‘secures the future’ of UK’s ‘thriving ecosystem’

Token and GoCardless CEOs also welcomed the prioritisation of non-sweeping variable recurring payments by JROC.

JROC sets out recommendations for next phase of UK Open Banking

The Committee has published a roadmap and framework to ensure Open Banking becomes “a UK success story”.

Ecospend becomes ‘innovation partner’ of PIMFA WealthTech

The UK Open Banking provider will work with PIMFA WealthTech to develop Open Banking payment options for its wealth manager members.

Insight: The evolution and future of Open Banking payments

Tim Johnson, head of strategy at Payit and Tyl by NatWest, writes about the opportunities Open Banking presents for businesses and the customer experience, and where this will lead the future of payments.