FinTech
Understanding Open Banking Standards: CFPB Approves FDX Initiative
The Future of Financial Data Sharing and Consumer EmpowermentHighlights:CFPB grants approval to FDX to establish open banking standards.
New standards aim to enhance...
Banking
TrueLayer Cuts Workforce Amid Profitability Push and $50M Funding Boost
Workforce Reductions: TrueLayer, an open banking payments company based in London, laid off 71 employees—roughly 25% of its workforce—in September to streamline operational...
Banking
UK Government Unveils Strategy to Boost Financial Services Growth and Innovation
Driving Competitiveness in Finance: The new Labour government, led by Chancellor Rachel Reeves, announced plans to reform financial regulations to prioritize growth, competitiveness,...
Banking
UK Government Unveils Plans to Boost Growth and Competitiveness in Financial Services
The UK government, led by Chancellor Rachel Reeves, has announced a strategic plan to enhance growth and competitiveness in financial services. Key highlights include:...
Banking
Bank of New Zealand Acquires BlinkPay to Boost Open Banking Solutions
Bank of New Zealand (BNZ) has acquired Auckland-based open banking fintech BlinkPay to expand its leadership in New Zealand’s open banking sector.
Founded...
Banking
Konsentus Chosen to Drive Open Banking API Standards for Bank of Namibia
UK-based regtech Konsentus has been selected by the Bank of Namibia to establish API guidelines as part of Namibia’s open banking initiative.
This...
Banking
Santander UK enters open banking payments partnership with Token.io
Santander UK, a subsidiary of Banco Santander, has partnered with Token.io to enhance its open banking infrastructure.
The collaboration allows Santander customers to...
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