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Latest news

CFPB recognises FDX as standards-setting body under new US Open Banking rule

Financial Data Exchange applied to be recognised as an approved standard-setting body in September last year.

Insight: Open Banking, Open Finance and Open Data predictions for 2025

Huw Davies, co-founder and chief executive officer of Ozone API, reveals what 2025 holds for Open Banking in the UK and US.

TransUnion signs agreement to acquire credit tech Monevo

TransUnion already owns 30% of the equity of Monevo after acquiring a minority stake in 2021.

Regions Bank to integrate Axway’s Open Banking solution

Regions Bank’s consumer banking, corporate banking and wealth management customers will move away from relying on screen-scraping to share their financial data with third parties.

ClearScore Group gains embedded finance foothold with Aro Finance acquisition

By acquiring Aro Finance, ClearScore will also expand into secured loan broking.

CFIT secures industry partners to lead next coalition

The next coalition will be led by Mastercard and Lloyds Bank, with other strategic industry partners expected to join in 2025.

Open Banking platform Money Squirrel launches in the UK

Money Squirrel is designed to encourage businesses to improve how they manage cash flow.

Finastra announces leadership shakeup as CEO to step down

Chief executive officer Simon Paris, who oversaw the merger of Misys and D+H in 2017 to form Finastra, is preparing to step down.