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JROC releases proposal for the Future Entity in UK Open Banking

News | Online & Mobile Banking | 24 Apr 2024

The Joint Regulatory Oversight Committee (JROC) has released proposals outlining the design of the Future Entity for UK Open Banking.

Open Banking, Open Finance, regulation, data sharing

Insights from the Innovate Finance Global Summit (IFGS) 2024

Voice of the Industry | Mobile Payments | 24 Apr 2024

IFGS 2024 brought together industry leaders spanning innovators, fintech executives, institutions, regulators, policymakers, startups, and investors for two days of thought-provoking discussions in one venue.


fintech, financial inclusion, Open Banking, Open Finance, payments , regulation, financial data, cryptocurrency

Waave launches 'Wallet' with biometric access for Pay by Bank

News | Online & Mobile Banking | 18 Apr 2024

Australia-based fintech Waave has introduced ‘Wallet’ to house its Pay by Bank product, a real-time account-to-account payment method with biometric security access.

Open Banking, account-to-account payment, biometrics, payment methods, fraud prevention

Canada moves forward with Open Banking framework legislation

News | Online & Mobile Banking | 18 Apr 2024

The Canadian government has revealed its plans to introduce a legislation to establish the foundational elements of an Open Banking Framework.

Open Banking, regulation, financial services, data sharing

Smart Transfer to be launched for Brazilian customers

News | Online & Mobile Banking | 16 Apr 2024

The Brazilian Open Finance has gained access to Smart Transfer to optimise adherence to the data-sharing system between FIs created by the Central Bank. 

product launch, Open Finance, Open Banking, online banking, digital banking, mobile banking, financial services, financial institutions

CFIT to chair Open Finance Taskforce announced by UK Government

News | Online & Mobile Banking | 15 Apr 2024

CFIT has announced that will chair a new taskforce designed to provide customers and businesses in the UK with an optimised suite of Open Finance solutions. 

product launch, mobile banking, online banking, digital banking, Open Banking, Open Finance

Shaping the future of the payments industry: key insights from MPE 2024

Voice of the Industry | Ecommerce | 12 Apr 2024

We highlight key topics discussed at MPE 2024, such as the evolving trends in payment optimisation, marketplaces and online platforms, real-time payments, GenAI, and cross-border payments.

payments , account-to-account payment, marketplace, online platform, PSP, merchants, Issuer, Acquirer, real-time payments, generative AI, cross-border payments, ecommerce, payments orchestration, Open Banking, Open Finance, PSD3, payment methods, API, CBDC, artificial intelligence, KYC

Multifi partners with Plaid to support UK SMEs

News | Payments General | 09 Apr 2024

UK-based cashflow management platform multifi has partnered with US-based data network Plaid to support SMEs in the UK.

cash flow, cash management, partnership, SMEs

The Paypers launches the Global Overview of Payment Providers Report

News | Ecommerce | 28 Mar 2024

The Paypers has launched the 2024 edition of the Global Overview of Payment Providers Report, the most recent market analysis of the B2B and B2C ecommerce payments ecosystem.

payments , report, product launch, M&As, investment, payment methods, payment gateway, merchants, marketplace, tokenization, FX , paytech, POS, recurring payments, B2B payments, embedded finance, fintech

Insights into European payment regulations for 2024 (and beyond)

Voice of the Industry | Payments General | 27 Mar 2024

The article offers insights into the regulatory changes slated for 2024, providing a roadmap that will influence the evolution of payments

instant payments, cross-border payments, AML, fraud prevention, regulation, PSD3, FIDA, MiCA, Open Finance, SCA, data privacy, compliance

The Paypers global partnerships analysis Q4 2023 – banking and fintech

Voice of the Industry | Online & Mobile Banking | 22 Mar 2024

The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments. 

partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series

OFA supports CFIT's Open Finance report's findings

News | Online & Mobile Banking | 18 Mar 2024

The Open Finance Association (OFA) has released its statement regarding the Centre for Finance, Innovation, and Technology’s (CFIT) Open Finance Blueprint Report. 

Open Finance, data sharing, Open Banking, financial inclusion, financial services, lending

HeirWealth integrates Envestnet|Yodlee

News | Online & Mobile Banking | 18 Mar 2024

Australia-based HeirWealth has announced its integration with US-based financial technology firm Envestnet | Yodlee, aiming to incorporate Open Banking data sharing technology.

wealth management, financial data, data sharing, Open Banking, partnership, financial services

FDX announces increase in accounts using FDX API

News | Online & Mobile Banking | 15 Mar 2024

North America-based Financial Data Exchange (FDX) has announced that 76 million consumer accounts are currently leveraging its FDX API for Open Finance data sharing. 

financial services, digital banking, API, financial data, data sharing, Open Finance

Susep accredits first Customer Order Processing Society (SPOC)

News | Payments General | 15 Mar 2024

Susep has accredited CA2C Corretora de Seguros SA as a Customer Order Processing Company (SPOC) within the scope of Open Insurance (OPIN). 

Open Finance, insurance, data sharing, data protection

The emergence of Open Finance in the UK – CFIT interview

Interviews | Online & Mobile Banking | 15 Mar 2024

The Paypers sat down with Ezechi Britton, CEO of the Centre for Finance, Innovation, and Technology (CFIT), to discover more about the organisation’s mission to enable Open Finance in the UK.

Open Finance, Open Banking, fintech, marketplace, SMEs, regulation, data privacy, data protection, FCA

Klarna to launch Open Banking settlements in the UK

News | Online & Mobile Banking | 14 Mar 2024

AI-enabled payments network and shopping assistant Klarna has announced the launch of an Open Banking-powered settlement in the UK. 

Open Banking, banking, settlement, online banking, mobile banking

Digital financial inclusion: legislative safeguards for vulnerable consumers

Voice of the Industry | Online & Mobile Banking | 14 Mar 2024

Emanuel van Praag and Eugerta Muçi discuss EU initiatives like the Accessibility Act and Financial Data Access Regulation, emphasising safeguarding vulnerable consumers in digital finance.

financial inclusion, digitalisation, financial services, PSD3, PSR, FIDA, Accessibility Act, artificial intelligence, banking, fintech, regulation, EBA, RTS, SCA, data

Open Data regulatory trends to watch for in 2024

Voice of the Industry | Online & Mobile Banking | 11 Mar 2024

Vlad Macovei from The Paypers emphasises the worldwide move toward Open Data regulation, including the EU's Data Act, changing North American data privacy laws, and global legal approaches to data privacy.

open data, Open Banking, Open Finance, regulation, data sharing, GDPR, data protection, artificial intelligence, Digital Markets Act (DMA), PSD2, banking, fintech

Three retail banking technology trends to watch in 2024

Voice of the Industry | Online & Mobile Banking | 07 Mar 2024

In 2024, banks, as discussed by Kieran Hines from Celent, prioritise agility via automation, Open Banking, and Generative AI experimentation for navigating challenges and fostering innovation.

retail banking, fintech, machine learning, Open Banking, BaaS, embedded finance