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Latest news

Q&A: Aro’s Andy Fisher on taking lenders on the Open Banking ‘journey’

Andy Fisher, chief growth officer at Aro, reveals the main growth areas for the business over the next 12 to 24 months, and explains how Aro Mortgages is educating lenders about Open Banking.

Moneyhub: Open Banking payments ’embraced’ by younger generations

Research by Moneyhub revealed that 29% of 16 to 24-year-olds make payments via Open Banking.

NatWest, Tink hail benefits of commercial VRPs as industry readies for 2024 pilot

Speakers from NatWest, Tink and Token.io, as well as the FCA and PSR, took part in a panel on commercial VRPs at Open Banking Expo UK and Europe on 18 October.

Ecommpay diversifies merchants’ payment options with GoCardless

GoCardless ‘Embed’, its white label integration, will enable Ecommpay to add direct debit to its payment methods.

Bud Financial unveils AI-powered data analytics product

Bud’s new product ‘Drive’ will enable “real-time customer base analysis and insight, meaningful segmentation and mass personalisation”.

Denmark’s Openpay teams up with Yapily for cross-border payments

Yapily’s Lisa Gutu said it will support Openpay’s growth plans “as they expand across Europe”.

Clear Junction launches Confirmation of Payee service

The new CoP service from Clear Junction will help tackle growing cases of APP fraud.

Plaid creates new entity to put cash flow insights ‘to work’

The new consumer reporting agency established by Plaid will provide lenders with “ready-made credit risk insights” based on Open Banking data.

Monzo hires fintech founder to lead foray into insurance

Phoebe Chibuzo Hugh, who founded insurance fintech Brolly in 2016, has joined the UK challenger bank as it prepares to enter the insurance market.