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Speakers representing fintech, consumer advocacy, and financial institutions took part in the Powerhouse Debate, titled ‘The New Era of Open Banking in the United States’.
Mastercard’s executive vice president of Open Banking, Americas, Bart Willaert, and Patricia Korth-McDonnell, chief experiences officer at Lendio, opened the Expo with a Fireside Chat.
The coalition will look at using alternative data sources, enabled by technologies such as Open Finance, to develop and build “smarter” lending models.
Mastercard’s new sandbox aligns with the UK government’s National Payments Vision.
Award-winning Open Banking fintech Yaspa has named Chris Lowe as its new chief financial officer.
Businesses and consumers are demanding more cost-effective and secure payment methods, according to a new report by Open Banking infrastructure provider, Yapily.
The expanded offering enables lenders to confirm borrowers’ balances, cash-to-close and cash-flow history alongside income and employment.
Plaid’s John Pitts and Tangerine’s Sunny Soin took part in a Fireside Chat ‘Open by design: The future of connected finance in Canada’ at Open Banking Expo Canada on June 17.
Belvo’s Employment Data product, which automatically verifies Mexican workers’ employment history and real income using only their CURP, means that Ualá will be able to make instant credit decisions on applications.
EQ Bank said that “the entire EQB team mourns the loss of our colleague and inspired leader and offers sincere condolences to the Moor family”.
