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Latest news

Payments Canada launches new high-value payment system

Lynx has been developed with technology partners IBM and SIA, and overseen by the Bank of Canada.

Consumer accounts using FDX API hits 22m

The Financial Data Exchange reported that more than 1 million additional consumer accounts per month have transitioned to the FDX API since April for open finance data sharing.

LSEG opens sustainable finance unit in Singapore

Part of the London Stock Exchange Group (LSEG) Labs network, the new unit is supported by the Monetary Authority of Singapore.

Italian fintech Switcho selects Salt Edge

The partnership will help Italian consumers to manage utility bills, switch suppliers and save money.

67% of UK adults want finances ‘in one place’

Envestnet | Yodlee said the findings of its research pointed to demand for Open Finance.

Banking the unbanked

Insight: The future of finance is ‘Open’

Finastra’s Eli Rosner explains what the findings from its latest ‘State of the Nation’ survey reveal about the Open Banking and Open Finance landscape.

FDX announces Jason Chomik as new Canadian director

Chomik comes to FDX after 25 years in the payments and digital transformation industry.

UK contactless card limit increases to £100

New limit will apply from 15 October 2021, UK Finance said, and acknowledged the hard work of the payments industry to ‘put in place the infrastructure to enable retailers to update their payments systems’.

Credit Kudos partners with Moneybarn

The Open Banking partnership will enable the motor finance company to ‘enhance affordability and risk assessments’ and speed up the lending decision process.

Currencycloud announces COO and CTO hires

Mark Ledsham joins from XE.com and Neil Drennan from 10x Future Technologies in the new roles.