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Industry news

Insight: The role of Open Banking in a polarised UK economy

TransUnion’s senior director of Open Banking in the UK, Nino Ocampo, writes about how lenders can use Open Banking to help consumers better navigate their post-pandemic finances

An Post joins forces with Tink to offer money management services

The An Post ‘Money Manager’ app, launched last year, will use Tink’s Open Banking technology to help customers improve their “financial confidence”.

Cheddar expands offering with Open Banking acquisition

The payments platform has bought Open-Banking enabled cashback app Upside to begin integrating Open Banking into its services.

Q&A: Digital Pound Foundation’s Jim Ford on taking CBDCs mainstream

Jim Ford, payments consultant at Digital Pound Foundation, reveals what needs to happen for CBDCs to become part of mainstream finance.

Insight: Why momentum tells the true UK Open Banking success story

Roland Selmer, chief product officer at Yapily, writes about why it’s time to change the narrative when it comes to measuring the success of Open Banking in the UK.

Q&A: Aman Cheema of FIS on why CBDCs are an ‘historic opportunity’

Aman Cheema, senior vice president and general manager, global real-time payments​ at FIS considers whether CBDCs will change the balance of power of global reserve currencies, and explains the work FIS is doing on CBDCs.

Obconnect supporting TSB in second phase of CoP

Obconnect CEO Darran Morford said on LinkedIn that the Confirmation of Payee market is set to expand in 2022.

Standard Chartered teams up with IATA to launch IATA Pay in India

The banking group said the new payment platform will ‘simplify the payment process for the consumers’ and ‘streamline the collection and settlement process for airlines’.

TSB forms partnership with Onfido

By teaming up, the UK bank is able to provide a new digital customer journey for opening and accessing current accounts.

Scalapay secures $497m in Series B funding

The BNPL provider, which has reached unicorn status, also unveiled a new platform called Magic to ‘redefine European ecommerce’.

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