Industry news
The London-based fintech, which will retain its current management team, has been bought to reduce cross-border payments ‘pain points’.
The partnership sees Nationwide using Open Banking technology and is part of its ‘Open Banking for Good’ challenge.
New research by Yobota found that 65% of banks and financial institutions plan to invest ‘heavily’ in tech over the coming 12 months to prepare for a ‘digital-first future’.
The new partnership is part of a ‘phased approach’ to bringing Open Banking to P&N Bank and bcu’s customers.
The Open Banking infrastructure provider will use the funding to enter new markets in Europe and expand its European presence.
Tilen Chetty and Dan Gaskin have been appointed to create an Australian product and engineering team at a time when Australia’s Consumer Data Right rollout is ‘accelerating’.
The firm has become the first asset manager to commit to the pledge.
Key component of trust has been created in past 18 months, according to CRIF managing director Sara Costantini.
The new hire joins after spending five years leading global financial services sales teams at Amazon Web Services.
The winners of the inaugural Open Banking Expo Awards have been revealed, celebrating the best and most exciting innovations of the rapidly growing Open Banking space.
