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Latest news

CommBank’s anti-scam measures halve customer losses

The bank’s general manager of group fraud called on telecommunications and social media platforms to “step up”.

Brankas teams up to launch chat-based lending solution in Southeast Asia

Todd Schweitzer, chief executive officer of Brankas, said it “sets a new standard for digital lending”.

CFPB joins federal agencies proposing data standardisation rule

Other federal financial regulatory agencies inviting comments on the proposed rule include the Federal Deposit Insurance Corporation and National Credit Union Administration.

LenderLogix integrates Truv’s verification services into mortgage POS

Kirill Klokov, chief executive officer of Truv, said the integration will “revolutionize” mortgage origination in the US.

AppBrilliance introduces real-time payments to closed-loop wallets in the US

It comes after a recent rule change by The Clearing House.

Pay by Bank app Volley agrees new integration with Westpac NZ

Volley is already available to Bank of New Zealand customers.

PSR reveals increase in APP fraud reimbursement in 2023

The Payment Systems Regulator found that reimbursement largely depends on which bank victims are a customer of.

PayPoint takes majority ownership of Obconnect with new investment

PayPoint made a minority investment in the Open Banking technology company back in July 2022.

UK’s SME Finance Taskforce puts Smart Data at centre of action plan

Chaired by CFIT, the taskforce has published its first report which sets out a seven-point action plan for improve SMEs’ access to finance.

Insight: New DISD Bill can help deliver next phase of Open Banking and Open Finance

A request of the new Economic Secretary, Tulip Siddiq from Lord Holmes of Richmond, Conservative life peer and advisor to Trustly.