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Canadian fintechs see dive in investment in H1 2023

KPMG in Canada said that recession fears are behind the decline in investment in Canada’s fintechs to $353.7 million across 57 deals.

Insight: Understanding the need for transparency in Open Banking

Intix’s André Casterman writes that, while Open Banking could lead to a greater banking experience for users across the globe, this can only be done by ensuring any solutions meet the standards found in PSD3.

Monzo comes out on top in CMA’s banking satisfaction ranking

Personal and small business current account holders were asked how likely they would be to recommend their provider to a friend, relative or other business.

TrueLayer appoints from PayPal for head of ecommerce role

In his new role, Michael Brown will build on TrueLayer’s recent wins in retail and ecommerce.

Can Canada agree on an approach to API standards?

Speakers from Mastercard, Avato, Raidiam, FDX and TD Bank discussed a single regulated standard versus market-driven standards at Open Banking Expo Canada.

UK SMEs report difficulty accessing finance from high street banks

New research by Sonovate found that 40% of businesses agreed it is easier to access finance from a fintech lender rather than mainstream banks.

Q&A: Ozone API’s Huw Davies on the emerging ‘potential’ of open APIs

Huw Davies of Ozone API also reveals his pride at Ozone API’s work in Saudi Arabia and why the UK needs to play catch-up.

Open Banking Expo Awards 2023 shortlist revealed

This year, 66 companies have been shortlisted, representing the best of Open Banking, Open Finance and Open Payments.

FIS: UK financial services ‘more resilient’ to economic headwinds than US counterparts

The research by FIS also revealed differing levels of investment in generative AI among UK versus US financial services firms.