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The technical integration between American Express and Envestnet | Yodlee will eliminate the need for credential sharing and accelerate financial data access.
MassMutual Ventures led the investment in the newly-licensed UK bank.
Philip Belamant, chief executive officer of Zilch, called it “an important step in creating what could be a trillion-dollar-plus payments ad-marketplace”.
Digital wallets are forecast to account for over half of ecommerce transactions worldwide by 2025, according to Affirm’s Libor Michalek.
Aro’s Emma Steeley on transitioning the company to a product-led approach and creating a more inclusive culture in the process.
To win in an Open Banking landscape, banks need to proactively define their role in the financial ecosystem to create new value for customers, according to Wipro’s Anmol Grover.
ClearBank will provide Allica Bank with client money accounts and access to UK payment schemes.
The changes put the UK at the forefront of the fight against APP fraud globally, according to Chris Hemsley, managing director at the PSR.
Together with French credit decisioning fintech Algoan, Mastercard aims to drive financial inclusion in Europe.
The Joint Regulatory Oversight Committee has set up “dedicated workstreams” to kickstart work on the six key themes outlined in its recommendations for UK Open Banking.
