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The Albanese Government has announced a series of changes that will take effect in mid-2026, as part of the CDR “reset” it instigated last year.
The new Open Banking-driven payment method is initially available to merchants in Germany, before being rolled out more widely.
Blend’s platform uses automation, data connectivity, and technology partners to simplify consumer banking and home lending origination for financial institutions.
The two companies ran a pilot programme ahead of the launch of ‘capital powered by Pipe’, which will sit on the GoCardless platform.
HSBC Innovation Banking has supported the ClearScore Group since 2017.
The partnership with NatWest Boxed will see The AA will launch an instant access savings account and unsecured personal loans this year.
Government Digital Service has issued a tender worth £49 million for a payment service provider that will enable the public sector payment platform to process Open Banking payments.
The new study by Juniper Research also revealed that generative AI will become “increasingly integrated” with Open Banking offerings.
The Q4 2024 Konsentus Third Party Provider Open Banking Tracker reveals the latest trends in the Open Banking ecosystem across the EEA and UK.
Moneyhub’s Dan Scholey said delays in establishing a “robust” commercial VRP framework are holding back innovation and economic growth.
