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Temenos signs agreement with NdcTech to bring ‘Country Bank Model’ to seven Middle Eastern countries

NdcTech will develop regulatory and business-specific localised functionality to enhance the ‘Model Banks’ framework for banks of all sizes in Bahrain, Kuwait, Oman, Pakistan, Qatar, Saudi Arabia and UAE.

Paysend partners with Plaid for Open Banking payments initiation

Through the partnership, merchants will be able to connect with their customers’ banks via Plaid and initiate a payment through Open Banking rails.

UK food service company partners with Ecospend and Solaris to offer Open Banking payment solution

The closed loop direct account-to-account ‘pay by bank’ solution will be offered to JJ Foodservice customers at the online checkout.

A third of UK online merchants invest in payments upgrades as customers abandon baskets

Research by Tink revealed retailers are worried about how their business will survive the next 12 months and are prioritising reducing payments-related costs.

Curve to launch BNPL-style lending product in 2023 following $1bn Credit Suisse deal

The financial super-app said the deal will enable it to scale its lending business, Curve Flex.

Airwallex teams up with Plaid to offer instant payments

Together, the companies will provide an integrated payments solution that can streamline Automated Clearing House payments for US customers.

Canadian consumers’ awareness of Open Banking is low but ‘encouraging’

The findings of joint research by Open Banking Expo and EQ Bank has been published in a new report, ‘Open Banking in Canada: Gauging consumer readiness’.

Turkey launches Open Banking infrastructure

The country’s central bank announced that six banks have started to provide services in the area of payments, through GEÇİT, the new Open Banking Gateway.

TCS: Banks should give consumers ‘insights’ to get their attention

Tata Consultancy Services’ VP and CTO of the banking unit Ram V told delegates at Open Banking Expo Canada that consumer behaviours are changing.