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Open Banking could provide “a viable digital alternative to the card schemes”, according to the review, and “improve the UK consumer account-to-account payment journey”.
Self-service ticketing platform Megatix has become the first merchant in Australia to adopt Volt’s real-time payments technology.
Payments Canada said it “applauds the inclusion of changes to the Canadian Payments Act” which is designed to enhance Canadians’ payment security.
The Department of Finance’s framework legislation for Open Banking will be introduced in Budget 2024.
During a Powerhouse Debate at Open Banking Expo UK & Europe, Raidiam’s open futurist Marie Walker said the UK had been the “poster child” of Open Banking.
New Zealand-based credit bureau Centrix said its clients will benefit from a broad range of income and verification solutions.
In a new report, Temenos has revealed that banks in the region are prioritising a move to the cloud, amid fears of missing out.
Brands that use Bold Commerce’s checkout will be able to offer Link Money’s Pay by Bank solution in the US.
The new product ‘Capital’ allows platforms to offer business financing to their SMB users.
The CCI has written an open letter to Canada’s Finance Minister, signed by Flinks and Borrowell among others, asking for a “clear roadmap”.
