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Latest news

SHIFT Open Finance Community chooses Open Banking platform for fintech incubator

SHIFT’s fintech incubator programme ‘Ignite’ is designed to support founders to turn “disruptive fintech ideas” into reality.

Lloyds Bank adds ‘Link Pay’ feature to banking app

The new feature uses Open Banking to enable the bank’s customers to request payments from friends and family more easily and securely.

Hong Kong Monetary Authority launches developer platform for data sharing initiative

HKMA also held a ‘showroom day’ for its Interbank Account Data Sharing initiative pilot programme.

Token.io: Merchants, PSPs ready to adopt CVRP despite lack of bank support

A new report ‘Variable Recurring Payments and The Future of Payments’ has been published by Token.io and Open Banking Expo.

Government introduces Data Use and Access Bill to ‘boost’ UK economy

The new Bill is expected to generate approximately £10 billion towards the UK economy across 10 years.

GoCardless, 11:FS reveal what will take Open Banking payments mainstream

GoCardless’ Pat Phelan and Benjamin Ensor of 11:FS discussed their new report ‘How To Take Open Banking Payments Mainstream’ at Open Banking Expo UK & Europe earlier this month.

Equifax UK and OneID work together on new onboarding solution

The integration of Equifax’s ‘Apply+’ into OneID’s digital identity verification will enable customers to verify their identities without paper documentation.

CFPB finalises Open Banking rule in ‘pivotal moment’ for US consumers

Financial firms will be required to comply with the Personal Financial Data Rights rule based on their size, commencing in April 2026.

Neonomics launches Open Banking and AI-driven payments, data suite

‘Nello Pay’ and ‘Nello AI’ use AI and Open Banking technology, respectively, to improve businesses’ and consumers’ interaction with financial services.

ClearScore Group’s Open Banking arm D•One partners with Inicio AI

D•One’s Tim Kelleway said that combining its Open Banking data with Inicio.AI’s virtual agent will deliver “a rapid and personalised view of a consumer’s finances”.