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Latest news

Ozone API partners with 10x Banking to speed up banks’ Open Banking compliance

10x Banking’s Frederico Venturieri said the partnership makes it “much easier for banks to create commercial value and monetize Open Banking”.

Open Banking, credit bureau data can ‘inform’ customer vulnerability

Aro, Equifax and Abound discussed the use of bureau data and Open Banking data to identify and manage vulnerable customers at Open Banking Expo UK & Europe.

Smarter Contracts appoints Leda Glyptis as strategic adviser

UK-based Smarter Contracts has built consent and permissions management platform Pulse.

Xero addresses SMEs’ cash flow challenges with new Open Banking tools

The small business platform has partnered with Crezco to facilitate a new bill payments feature.

CFPB proposes Big Tech ‘play by the same rules’ as banks, credit unions

The Consumer Financial Protection Bureau seeks to supervise non-bank companies offering digital wallets and payment apps in line with banks and credit unions.

Open Banking and AI – a new era of personalised banking?

A roundtable co-hosted by Red Badger and Open Banking Expo debated how to use Generative AI to improve the customer experience.

TrueLayer’s Open Banking payments available to merchants via Shopify

Businesses throughout the UK and Europe “rely on Shopify to power their payments”, according to TrueLayer’s head of ecommerce Michael Brown.

European Parliament agrees new rules on ‘affordable’ instant transfers in euros

The update to SEPA will see EU payments systems “become more competitive”, according to MEP Michiel Hoogeveen.

Q&A: Aro’s Andy Fisher on taking lenders on the Open Banking ‘journey’

Andy Fisher, chief growth officer at Aro, reveals the main growth areas for the business over the next 12 to 24 months, and explains how Aro Mortgages is educating lenders about Open Banking.

Moneyhub: Open Banking payments ’embraced’ by younger generations

Research by Moneyhub revealed that 29% of 16 to 24-year-olds make payments via Open Banking.