Industry news
Yapily’s Nicole Green explains the steps legislators need to take to unlock the full potential of Open Banking and expand Smart Data schemes into other economic sectors.
The annual event for the collections and recoveries industry will see Qualco unveil its Open Banking solution ‘Togglit’.
Flexys’ cloud-based software will integrate Moneyhub’s Open Banking capabilities.
The members have written to the CFPB with some suggested revisions to secondary data use restrictions in the proposed Personal Financial Data Rights rule.
The bank’s general manager of group fraud called on telecommunications and social media platforms to “step up”.
Todd Schweitzer, chief executive officer of Brankas, said it “sets a new standard for digital lending”.
Other federal financial regulatory agencies inviting comments on the proposed rule include the Federal Deposit Insurance Corporation and National Credit Union Administration.
Kirill Klokov, chief executive officer of Truv, said the integration will “revolutionize” mortgage origination in the US.
It comes after a recent rule change by The Clearing House.
Volley is already available to Bank of New Zealand customers.
