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The regulatory body is developing new powers to “take action” against water utilities that do not make enough progress on Open Data.
The new standalone entity, HSBC Innovation Banking, also comprises newly-formed innovation teams in the US, Hong Kong and Israel.
Research by the Financial Consumer Agency of Canada found that the most popular protection, chosen by 70% of respondents, was “full protection from any losses” if something were to go wrong.
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.
