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Open Banking will ‘boost prospects for UK small businesses’

Improvements to payment technology through Open Banking will improve competition and survivorship among small and medium-sized businesses in the UK, according to panellists at the Open Banking Expo 2019.

Global regulators urged to lead by example

Leading industry figures have urged global regulators to lead by example when it comes to cross-border collaboration. Addressing delegates at the dedicated payments stream of the 2019 Open Banking Expo in London, speakers urged policymakers to work globally, to stimulate investment, align regulatory rulesets and become a catalyst for user adoption.…

Commercial success stories will take time, say panellists

Open Banking has yet to be a real commercial success for the majority of fintechs and incumbent banks, a panel of experts have noted.

Institutions must understand consumer headaches, warns Marous

Open Banking providers will have to extend their offerings beyond traditional banking services and focus on making the consumer’s life easier, according to keynote speaker Jim Marous.

Mojo Mortgages announces partnership with Credit Kudos

Online mortgage broker, Mojo Mortgages, has partnered with Credit Kudos to announce the launch of MortgageScore™, a market-first service for thousands of first time buyers who want to get on the property ladder.

Adedeji Olowe,Trustee, Open Banking Nigeria

Adedeji Olowe: Open Banking Nigeria’s trustee takes a ten-year perspective.

Experian to supply Open Banking solutions for ethical banking platform incuto

Fin-tech provider incuto will use Experian’s Open Banking solution to support its work in the ethical banking sector.*

Insight – Jim Wadsworth, Mastercard

For Open Banking to flourish there needs to be a fundamental shift in the market, but I am confident that it will happen.

Business lending platform Trade Ledger announces £1.5m funding round

Business lending platform Trade Ledger, which automates commercial lending processes for global banks and alternative finance providers, has announced a £1.5m funding round led by Hambro Perks.

Global banks dragging heels on Open Banking

Banks are displaying a worrying lack of commitment to driving forward their Open Banking plans, according to a report.