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Through the new partnership, intermediary firms will use open banking to streamline the payments process.
Bud Financial’s banking personalisation platform will now be available to banks and fintechs in Europe.
Klarna’s chief commercial officer said the combined payment product will be better for merchants and consumers.
Open Banking Expo UK & Europe 2024 is returning on 15-16 October in London.
Stratyfy will combine its proprietary AI and machine learning technology with Prism Data’s ‘CashScore’ solution.
The Bank Policy Institute, The Clearing House Association, the Consumer Bankers Association, and the American Bankers Association have written to CFPB’s Rohit Chopra.
The not-for-profit association has hired seven industry leaders from businesses including Borrowell, Wealthsimple and Flinks, and named a new chair.
The unsecured consumer credit provider is using Open Banking to broaden access to credit in the UK.
The government has promised that the Digital Information and Smart Data Bill will “harness the power of data for economic growth”.