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Todd Schweitzer, chief executive officer of Brankas, said it “sets a new standard for digital lending”.
Other federal financial regulatory agencies inviting comments on the proposed rule include the Federal Deposit Insurance Corporation and National Credit Union Administration.
Kirill Klokov, chief executive officer of Truv, said the integration will “revolutionize” mortgage origination in the US.
It comes after a recent rule change by The Clearing House.
Volley is already available to Bank of New Zealand customers.
PayPoint made a minority investment in the Open Banking technology company back in July 2022.
Chaired by CFIT, the taskforce has published its first report which sets out a seven-point action plan for improve SMEs’ access to finance.
A request of the new Economic Secretary, Tulip Siddiq from Lord Holmes of Richmond, Conservative life peer and advisor to Trustly.