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The announcement follows the Competition and Markets Authority (CMA) mandate that the UK’s nine largest banks must support VRP for sweeping by 31st July 2022.
Speakers from Equifax, AccountScore, Plend and Everyday Loans joined an Open Banking Expo live panel debate to discuss Consumer Duty, Open Banking and the rising cost of living.
The strategic collaboration demonstrates “the power of combining deeply local payments expertise with European scale”.
The partnership will enable cross-border digital payments directly within the Viber app.
Jim Magats joins as CEO next month, after 18 years at PayPal.
The new product, out later this year, will “bring more customers into a regulated credit environment”.
Vladimir Pintea joins the US cash management platform as VP of Open Banking engineering and Lisa Gutu as VP of business development.
The founder of Airbank said it will serve more than 50 countries by the end of 2022.
The Open-Banking powered solution will be available to banks and lenders in the UK.