Payment processor Visa has reportedly closed down its Open Banking unit in the US due to tensions rising between banks and fintech companies over access to customer data.

The US Consumer Financial Protection Bureau has revisited its Open Banking regulations, enabling consumers to have more control over their data sharing with banks and fintech companies.

Ninth Wave, an Open Finance connectivity solutions provider, has launched Ninth Wave Portal, utilised along with its Open Finance direct connection platform.

NatWest has hired Accenture and Amazon Web Services to overhaul its data systems in its attempt to upgrade its technology and cut costs.

US-based JPMorgan Chase has reportedly been planning to apply fees on fintech companies that want to access its customer bank account data.

Global orchestration platform for the travel industry FinMont has announced that it obtained SOC 2 Compliance Certification, underlining its commitment to data security and customer trust.