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Latest news

TransUnion makes strategic investment in Bud

The new partnership will help TransUnion grow its Open Banking offering and will see TransUnion’s UK CEO join Bud’s board.

New Unbanx app gives consumers ownership of personal banking data

Irish fintech Unbanx has launched a free app that allows consumers to own, control and earn rewards from their personal banking data, using Open Banking.

TrueLayer launches automated onboarding product

Signup+ represents “a new generation of use cases for Open Banking”, TrueLayer’s CEO said.

Marqeta to acquire fintech Power Finance in $275m deal

Incoming Marqeta CEO Simon Khalaf said Power will “strengthen Marqeta’s platform with a best-in-class tech stack for credit card program management”.

Worldline and ING ‘prolong’ partnership in new multi-year agreement

ING has outsourced card issuing processing services to Worldline in several countries.

Canadian consumers voice concerns about online privacy

Majority of Canadians hold organisations accountable for the use and storage of data, putting the onus on those businesses to establish trust, a survey by Interac found.

Trustly closes acquisition of Ecospend

The deal gives Trustly a foothold in the UK, which is the “largest digital payments market in Europe”, according to Ecospend’s CCO.

Plaid writes to CFPB with recommendations for consumer data access right

The Consumer Financial Protection Bureau invited stakeholder input last year, as it seeks to strengthen consumers’ access to their financial data.

Open Banking in Australia hampered by ‘data reliability’ and implementation issues

Open Finance Advisors’ report on the Australian Open Banking ecosystem found that banks are “slow” to become Accredited Data Recipients.

UK lenders call on government to support better data sharing to help SMEs access funding

In an open letter, signed by lenders including Atom Bank, Funding Circle, Allica Bank, Plaid and Codat, they propose an SME Funding Passport.