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Industry news

The Payments Association: Scale of APP fraud ‘most worrying’

The Payments Association has published the findings of its financial crime survey and called for changes to the PSR’s APP fraud reimbursement scheme.

BIS Innovation Hub’s cross-border payments project enters live phase

Project Nexus will move to live implementation, connecting the domestic instant payment systems of five countries in Asia.

EBA Clearing issues specifications for Verification of Payee solution

It also revealed that pan-European VoP delivery is “on track” for end of 2024.

Open Banking Expo Awards 2024 remains open for entries

Companies and individuals have until 26 July to enter this year’s Awards.

Open Banking Limited releases v4.0 of UK’s Open Banking Standard

The latest version of the Standard includes mandatory and optional updates, following consultation with the industry.

Speakers at first Canadian WiOB meetup discuss trade-offs and leadership ‘allies’

Donna Galloway of Portfolio+ moderated the Fireside Chat on June 11 in Toronto.

Insight: What remaining barriers tell us about women’s progress in fintech

Kate Marsden, chief marketing officer at Yaspa, discovers the barriers that still exist to women’s career progression in fintech and considers how they can be overcome.

Payabli secures $20m Series A for payment infrastructure platform

Payabli’s co-founder William Corbera said software companies have “become the modern distribution for payment processing”.

Ryan Williams MP hails ‘banking revolution’ at OBExpo Canada

The Shadow Cabinet Minister for Pan-Canadian Trade and Competition delivered the Closing Keynote in which he said Open Banking will “create real competition”.

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