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Canada’s EQ Bank has partnered with identity platform Trulioo to improve customer onboarding.
US fintech lending platform has partnered with EDGE, a provider of cash flow underwriting and risk assessment services for lenders serving subprime customers.
Open Finance Network Canada has written to the Finance Minister setting out “the opportunity that Consumer-Driven Banking represents for small businesses across Canada”.
A study by Economist Impact, supported by Temenos, found that Europe’s banks are “emulating the way non-traditional players have used technology”.
ScotPayments, the new scalable payments platform, remains in a private beta phase for now.
Banked’s chief executive officer Brad Goodall said the partnership will enable businesses to “leverage the power of Open Banking and real-time payments”.
The new login service, which has been trialled in Sweden, allows consumers to choose which data they wish to share with merchants.