Mastercard announced the launch of their Account Opening solution at Fintech Nexus USA 2023, streamlining verification and reducing fraud.
In the space of a week, Petal and newly-formed spin-off, Prism Data have made two significant announcements, super charging open banking.
There is still too much friction involved in switching bank accounts. But a new tool from Atomic called PayLink is addressing this friction by making it easy for users to move their recurring payments.
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Community banks have faced increased challenges. Open access to generative AI and a possible open banking ruling may be a game changer.
Card payment fees have been a long-standing issue for businesses. Pay by bank could be a solution. Plaid joins Adyen to make it possible.
Rohit Chopra took to the stage to discuss imminent rules that could spark a competitive open banking revolution.
Nubank is the top receiver of customer data, outlining fintech's significant opportunities in Open Finance in Brazil.
In a long awaited move, the CFPB proposed a rule to improve consumer access to their financial data and drive the shift to open banking.
With the heightened cost of living battering UK PSPs, many consider Open banking to be the silver bullet, but with adoption at only 10% of the population, innovation is needed.
Mastercard and JP Morgan have partnered to bring open banking payments to billpaying. This is just the first development from the partnership.