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Latest news

CFIT’s Open Finance Coalition publishes progress update

The Open Finance Coalition has set out several challenges and opportunities, including that a lack of data sharing impacts financial outcomes for consumers and SMEs.

PSR hires Dan Moore from the Department for Transport

Moore, who joins the PSR in January 2024, is currently director of rail strategy and analysis at DfT.

TD Bank enters North American data access agreement with Plaid

Cecilia Frew, Plaid’s head of Open Finance, said that 84% of consumers believe they are “better off” as a result of being able to manage their financial lives online.

ClearBank appoints Barclays exec Megan Cooper

She joins ClearBank as chief product officer from Barclays UK Business and has previously worked at Starling Bank.

OFNC requests further clarity from Canada’s Department of Finance

The Open Finance Network of Canada has written to Minister of Finance Chrystia Freeland, asking what steps will be taken to “minimize delayed implementation of a working system for Canadians”.

GoCardless integrates with Acre to simplify mortgage broker payments

Justus Brown, Acre’s chief executive officer, said mortgage and protection brokers have had to rely on “outdated, manual processes to collect fees”.

Q&A: Finastra’s Radha Suvarna on the emerging trends in cross-border payments

Radha Suvarna, chief growth and product officer at Finastra, discusses emerging cross-border payment trends, and its collaboration with Visa Direct.

Mastercard teams up with Brim Financial

Brim Financial has partnered with Mastercard to modernise US credit card infrastructure in the US.

Liberis secures $112m in debt financing from HSBC Innovation Banking

The joint debt facility from HSBC Innovation Banking and BCI Capital will fund Liberis’ expansion into new European markets in 2024.