Tagged: open banking

January 12, 2026 @ 4:38 am By Omar Faridi  |  

In a significant step forward for the UK’s financial sector, UK Finance has released an industry proposal outlining a commercial model for Wave 2 of commercial variable recurring payments (cVRP). This development aims to expand the capabilities of Open Banking, potentially fostering innovation and efficiency… Read More

January 5, 2026 @ 8:54 am By JD Alois  |  

Payments firm Flutterwave has acquired Mono in a move to boost its open banking infrastructure. The terms of the deal were not revealed. In a public statement, Flutterwave said the purchase improves its ability to build a “connected, interoperable financial system for Africa.” Flutterwave is… Read More

December 29, 2025 @ 5:28 am By Omar Faridi  |  

Smart Data Group (SDG) has recently appointed Dr. Ruth Wandhöfer as independent  Mobilisation Lead as the industry focuses on efforts to unlock the next phase of Open Banking and build the foundations for a more scalable, secure and resilient smart data economy in the United… Read More

December 27, 2025 @ 5:27 pm By Omar Faridi  |  

Fintech Plaid has noted in a blog post that credit underwriting has long relied on credit bureau data, which provides many years of structured, standardized information on loans, repayments, and delinquencies. However, Plaid also mentioned that these files have certain “blind spots, saying little about… Read More

December 18, 2025 @ 7:55 am By Omar Faridi  |  

Octopus Energy customers are now able to get their account credit back faster because of a new tie-up with fintech company GoCardless. Octopus has completed one of the Direct Debit migrations in the UK, “moving 5.5 million accounts and £12 billion of payments to GoCardless… Read More

December 16, 2025 @ 10:34 am By JD Alois  |  

TrueLayer, a European payments network that offers Pay by Bank payments, is reporting that its Chief Operating Officer, Rob Kerrigan, will be joining the newly formed UK Payments Initiative (UKPI). TrueLayer joins 30 other firms in the payments sector, including all major UK retail banks…. Read More

December 16, 2025 @ 10:09 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has posted an update on Open Banking. Unlike in the US, the UK has outlined prescribed requirements for financial services firms to allow customers to control their data, specifying who may access it, while providing streamlined processes for changing… Read More

December 10, 2025 @ 12:57 am By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking, recently announced a channel partnership with Plaid, a data network that serves as the analytics layer for financial services. This collab will reportedly aim to deliver faster, and frictionless Pay by Bank experiences for businesses and… Read More

December 4, 2025 @ 8:01 am By Omar Faridi  |  

MRI Software, a global enabler of real estate solutions and services, has partnered with bank payment company GoCardless in order to launch MRI Payment Connector in the UK residential property market. The integration will enable property professionals and finance teams “to offer flexible payment options… Read More

December 1, 2025 @ 2:25 am By Omar Faridi  |  

WilSon Energy, a provider of integrated heating and billing solutions for UK Heat Networks and District Heating schemes, has selected the bank payment company GoCardless to collect customer bills automatically. The move will help WilSon Energy achieve cost savings and simplify how customers pay down… Read More

November 18, 2025 @ 10:42 am By Omar Faridi  |  

JPMorgan Chase (NYSE:JPM) has reportedly finalized agreements that will make sure it will get paid by the fintechs that are responsible for almost all the data requests issued by third-party applications being connected to customer banking accounts. This, according to an update from CNBC. JPMorgan… Read More

November 6, 2025 @ 1:27 pm By Omar Faridi  |  

The Canadian Government has released its budget for the year 2025. The budget primarily centers on several major themes, such as: shifting from reliance to resilience, adequately protecting Canada’s sovereignty as well as security, and building a stronger Canadian economy. The budget confirms the importance… Read More

October 24, 2025 @ 8:12 am By Omar Faridi  |  

Clay, an AI-powered credit and debit-as-a-service company, selected bank payment Fintech GoCardless in order to simplify its payments.  Clay now uses GoCardless to unify its payment process onto a scalable platform, leveraging GoCardless’ Direct Debit capability to collect repayments and Outbound Payments, the fintech’s disbursement… Read More

October 19, 2025 @ 6:44 pm By Omar Faridi  |  

Fintech Plaid noted that the data that makes up a consumer’s complete financial picture is more complex than it has ever been before. According to a blog post from Plaid, income is now more variable, expenses tend to fluctuate, and financial activity is spread across… Read More

October 8, 2025 @ 12:08 pm By Omar Faridi  |  

Trustly, a Pay by Bank service, announced a partnership with Acres Manufacturing Company. This partnership includes implementing Trustly Scan & Pay, a “holistic” cashless gaming execution powered by Trustly’s Open Banking Payments, with Acres’ Universal Payment Adapter, allowing for instant funding to any gamine machine…. Read More

October 8, 2025 @ 9:39 am By Press Release  |  

Join us for a virtual Open Banking Town Hall. Open banking powers consumers’ right to connect their bank accounts to the financial apps they choose. A select group of America’s biggest banks wants to shut this down and impose huge fees. On Thursday, October 9, at 2:00 pm… Read More

October 8, 2025 @ 1:26 am By Omar Faridi  |  

vobapay, the technology partner for payment solutions with a cooperative background, and Mastercard (NYSE: MA)  are entering into a strategic partnership. As part of their latest cooperation, vobapay will aim to integrate Mastercard’s Open Banking tech into its platform. This will reportedly allows companies that… Read More

October 4, 2025 @ 2:13 pm By Omar Faridi  |  

MoneyGram, a global payments network for consumers, businesses and communities, and Plaid, the data network powering the fintech tools people rely on to lead a healthier financial life, announced the expansion of their pay-by-bank partnership to Europe. After its U.S. launch, the recently announced integration… Read More

September 27, 2025 @ 9:18 am By Tony Zerucha  |  

Digital gift cards are upending traditional approaches to incentives and rewards, even creating exciting new use cases. And while Tillo isn’t a household name in the space, it powers many of these transformative experiences through a plug-and-go API that connects to more than 3,000 global… Read More

September 27, 2025 @ 9:14 am By Omar Faridi  |  

As the supporter of Latin America’s leading economic contributor, the Banco Central do Brasil (BCB) is charting a transformative course for the financial sector in the South American nation of Brazil. Recent announcements underscore this evolution: a reflective celebration of five years of Open Finance… Read More