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Latest news

OFNC urges government to ’empower’ SMEs in Open Banking framework

Open Finance Network Canada has written to the Finance Minister setting out “the opportunity that Consumer-Driven Banking represents for small businesses across Canada”.

Temenos: European banks ‘taking advantage’ of Open Banking opportunities

A study by Economist Impact, supported by Temenos, found that Europe’s banks are “emulating the way non-traditional players have used technology”.

Scottish Government partners Scott Logic on public sector payments platform

ScotPayments, the new scalable payments platform, remains in a private beta phase for now.

Revolut introduces AI-powered card scam detection feature

Revolut’s new AI scam feature effectively “interrupts” scammers and prevents customers from falling victim to such schemes.

Mangopay chosen by automotive marketplace for embedded payments

Germany’s largest automotive marketplace mobile.de has launched ‘Safe Pay’ using Mangopay’s wallet-based technology.

Klarna rolls out ‘Sign in with Klarna’ globally

The new login service, which has been trialled in Sweden, allows consumers to choose which data they wish to share with merchants.

Fintechs Canada submits Open Banking wishlist to government ahead of Budget

In its pre-Budget submission, the not-for-profit association called on the government to continue to support Real Time Rail.

NAB names new CEO to succeed Ross McEwan

Prior to joining NAB, Andrew Irvine was head of Canadian business banking at Bank of Montreal.