Open banking stories - Page 3

Quadient forecasts that by 2025, blockchain will revolutionise finance teams, enhancing transaction accuracy and transparency in a challenging skills landscape.

Aryza Group has bolstered its collaboration with GoCardless to enhance global payment solutions, set to integrate advanced technologies by 2025.

GitHub's latest Octoverse report reveals AI's transformative impact, with Python becoming the leading programming language and a 98% rise in generative AI projects.

Alexandra Chiaramonti has been appointed Managing Director of GoCardless's international operations to drive global growth, particularly in APAC regions.

Capgemini Research predicts instant payments will hit 22% of non-cash transactions by 2028, driven by digital wallets, P2P and eCommerce growth.

Bank fraud is projected to reach USD $48 billion globally by 2029, a 153% surge, driven by evolving AI tactics, says Juniper Research.

First AML has partnered with Open Banking tech platform Armalytix to boost Source of Funds and Source of Wealth capabilities for large conveyancing firms.

Australian mortgage broking industry pivots towards Open Banking, with the number of brokers using NextGen's solution tripling, amid potential legislative changes.

PPRO has bolstered its leadership, appointing Selene Brett as Chief Legal, Risk and Compliance Officer, and Marc Kuzak and Massimiliano Conte as Legal and Compliance Director respectively to bolster governance.

Bristol's Moneyhub is ranked among the top 100 'most promising' fintech start-ups globally for 2023 by CBInsights.

The Fintech and Payments Advisory Network (TFPA) has hired a new CEO, COO and Executive Chair to lead its growth journey.

Fime Asia receives Visa accreditation to validate contactless payment terminals, boosts global testing capabilities.

Finastra and Tonik strengthen partnership to fast-track deployment of new products and services as digital bank surpasses one million customers.

Cyber threats directed towards financial services has grown rapidly, driven by digital transformation and regulation such as open banking.

The shift from legacy banking processes to Banking as a Service is well underway, with established banks at risk of being left behind without adoption.

RiskBusiness says its report on open banking finds that while it holds much potential, financial services firms need to ensure they have robust, risk processes.

Australia's move towards open banking has been hindered by slow progress. However, with the right security measures, the future of open banking can be secure.

According to Tonik founder and CEO Greg Krasnov, the company needed to drive its value proposition not just through cost, but also consumer trust.

New report reveals challenges, opportunities and emerging risks for businesses in 2022 and highlights the importance of collaboration.

Asia-Pacific leading open banking thanks to digital ecosystems and data sharing. Australia moving towards wide rollout. Trust and security key.