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The Consumer Financial Protection Bureau said in the event of financial distress, it cannot guarantee balances on digital payment apps would be protected.
‘Money Mindset’ will be available in Standard Life’s app and on its dashboard to help pension scheme members “take charge of their finances”.
The savings organisation, backed by HM Treasury, will add the Open Banking payment option to help individuals top-up savings accounts.
Ecolytiq’s climate engagement products will be made available directly on the Tink platform through a single API.
Weavr chief executive officer Alex Mifsud said it will help to “extend embedded finance opportunities to more businesses and more regions than ever before”.
Plaid’s head of Europe, Ripsy Bandourian, explains how Open Banking can alleviate the headache global businesses face to localise identity verification.
The UK-based partnership ensures credit unions and community bank offerings are available to consumers on credit comparison websites.
Mastercard has made a minority investment in the Italian fintech as part of the expanded partnership.
The former chief executive officer of TrueLayer ANZ will oversee the growth of Mastercard’s Australian Open Banking offering.
By joining forces with Salt Edge, AAZZUR aims to broaden its Open Banking offering and to accelerate go-to-market for its clients.
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