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Meanwhile, Stephen Wright of NatWest’s Bank of APIs warns that UK is “at risk of stalling” following completion of Open Banking Roadmap.
The app, which is the brain child of Tandem chair Paul Pester, has a largely Gen Z customer base.
The appointment bolsters the Open Banking platform’s leadership team as it eyes further expansion.
The global payments infrastructure company has plans to expand its existing payout network to 150 countries by 2024.
She joins as managing director of Token GmbH to drive its “next phase of growth”.
Philippe Morel has been appointed chief executive officer to “rebuild momentum, drive change and return Railsr to growth”.
The regtech provides a “banking-grade solution for continuous, ‘lifetime’ financial compliance”.
Founder and CEO Ali Niknam said that “taking ‘the bank of The Free’ to ‘the Land of the Free’ is a logical next step”.
The bank’s CEO Stephane Vallois said that, on Mambu, it can build “ground-breaking solutions that truly reinvent the banking experience”.
Customers of National Australia Bank will see the prompts in the app and on internet banking to encourage them to “pause and review” a payment.
