Latest news
Volt CEO Tom Greenwood said the new legislation “sets the stage for a renewed wave of innovation and growth for Europe’s payments industry”.
Consumers are planning to borrow larger amounts amid rising inflation, despite a lack of trust between customers and financial institutions.
Better security of digital identities could enhance systems enrolment and bolster GDP growth.
Tandem, Google Cloud and Hargreaves Lansdown are among the other signatories to the cross-industry initiative.
The financial super-app combines all debit, credit, and loyalty cards into one, has partnered with Salt Edge to continue to fulfil its obligations under PSD2.
Enabling secure sharing of SME data could half the sector’s £22 billion funding gap and boost the UK’s gross domestic product, but it relies on government and regulatory intervention.
Shawbrook Bank has provided an additional £5 million debt facility as part of Moneyhub’s largest funding round to date.
As the metaverse shifts away from gaming and music, banking could be the next beneficiary.
The Open Banking sector has created opportunities to improve the gender diversity split within the UK financial services sector.
The UK approach to Open Banking has provided the world with a framework that can be deployed and reused across multiple sectors.
