Open Banking Expo

🌟 Ready to help Canada move along on its Open Banking journey? 🌟   Open Banking Expo Canada is where the most powerful conversations and connections will happen in person. From the Big Five to new challengers, and from tech giants to progressive startups, this is the only place where the whole community comes together to drive forward the future of Open Banking.   Do you have something that needs to be heard? Apply to be a speaker by November 29th. Complete the call for content form 👉 https://lnkd.in/ebTZGT-n   #OpenBanking #OpenFinance #fintech #innovation #ConsumerDirectedFinance 

🥁 In the news this week, Volt has announced a new Open Banking payments partnership with a global marketplace for video games. Find out more about its integration of Volt’s Pay by Bank solution.   Elsewhere, Equifax UK has launched ‘Affordability 360’ which combines data sets to provide lenders with a more complete picture of an individual’s income and expenditure.   Also, Australia’s Consumer Data Right has had a shake-up, and Lean Technologies and iwoca have both made headlines for their respective funding announcements.   The fourth edition of the 'Variable Recurring Payments and The Future of Payments’ survey report, brought to you by Token.io and Open Banking Expo, is available to download, featuring the survey findings and key insights from across the ecosystem. Did you miss this year’s Open Banking Expo UK & Europe on 15-16 October in London? Or simply want to remind yourself of the best bits? Then catch up with the highlights from both days in our video highlight reels 🎥   #openbanking #payments #paybybank #openfinance #fundingnews Volt.io, Charlie Gilbert, Thomas 🚀 Pinter, Faheem Bakshi, Kinguin, Equifax UK, Craig Tebbutt, Bryan Hughes, iwoca, Christoph Rieche, Lean Technologies, Hisham Al-Falih, General Catalyst, Neeraj Arora, GoCardless, Big Red Cloud, Jolawn Victor, Marc ODwyer, Jana Mackintosh, UK Finance, Mike Haley, Cifas, Token.io, Jess Gerrow, Conor Crowley, Todd Clyde

✅ Equifax UK has launched an affordability solution for lenders that combines credit bureau data with real-time transaction data accessed via Open Banking, and statistical estimates. Craig Tebbutt, chief strategy and innovation officer, said: “Currently, lenders choose to rely on a range of different data sources to help understand consumer income and expenditure levels, which can include current account turnover data, self-declarations or government statistics." #openbanking #affordability #openfinance #financialdata #consumerduty #costofliving #credit Bryan Hughes Emma Henderson Kirstie Pendry https://lnkd.in/e5DzJd32

🇦🇺 The Australian Government has announced a series of changes to the Consumer Data Right (CDR) around consent and operations that are intended to encourage further uptake among consumers. The new rules set out by Stephen Jones MP, Assistant Treasurer and Minister for Financial Services, are part of the government's CDR 'reset'. Read the full story at the 🔗 #consumerdata #datasharing #openbanking #openfinance #energysector #financialservices #smartdata https://lnkd.in/e49TFqGX

💰 Fintech infrastructure platform Lean Technologies has raised $67.5 million in a Series B funding round led by venture capital group General Catalyst. Lean's co-founder and CEO Hisham Al-Falih called the funding round “a pivotal moment”, not only for Lean "but for the entire fintech landscape in the Middle East". Read the full story at the 🔗 #openbanking #fundingnews #fintech #investment #openfinance #payments #paybybank #financialinclusion Neeraj Arora https://lnkd.in/eNjEf3Bt

💷 iwoca has secured a new £200 million package of debt funding from Citi and Waterfall Asset Management LLC meaning it can double its SME loan offer ceiling to £1 million. Christoph Rieche, co-founder and CEO of iwoca, said: "We’re very happy to expand our cooperation with Citi and look forward to being able to finance many more SMEs in the UK with their support." Krystyna Biller James Dear #SMElending #SMEfinance #loans #fundingnews #openbanking #SMEs #investment https://lnkd.in/euJxfPBw

If you missed it last week 👀 GoCardless has expanded its relationship with Irish cloud accounting software company Big Red Cloud. Jolawn Victor, chief growth officer at GoCardless, said: “Building on our relationship with Big Red Cloud enables us to bring faster, cheaper and more secure payments to our joint merchants and their customers, freeing up time for accountants who can take payments off their list and get back to serving their clients.” #openbanking #payments #accounting #paymentinnovation #instantpayments #accountants Lucy Mellonie Linda Siyuan Yang https://lnkd.in/ePZh_wGf

🎬 We caught up with Christian Reinheimer of LeoVegas Group live at #OBExpo UK & Europe.   Check out what he had to say when we asked him about:   🤩 How LeoVegas is using Open Banking 🤩 And what makes Open Banking Expo stand out among other industry events   #OpenBanking #OpenFinance #Gaming #FinancialData

🔄 American Express and MX have announced an API-powered data access agreement, giving customers greater control over where and how their American Express account data is permissioned and shared. Jane Barratt, chief advocacy officer and head of global public policy at MX, said: “We’re thrilled to partner with American Express to help them meet customer demand for permissioned data sharing.” Danielle Cloud Hannah Sieler #datasharing #openbanking #financialdata #openfinance #digitalbanking #dataaccess https://lnkd.in/eH-GSd5X

🇪🇺 Ghela Boskovich, Louise Beaumont, Robert Sullivan and Giorgio Andreoli discussed the timeline of the incoming SPAA scheme in Europe and the potential commercial opportunities it presents, at Open Banking Expo UK & Europe. Louise Beaumont, SVP global Open Banking & Open Finance industry & policy engagement at Mastercard, said that "a data-sharing economy is a core building block of the EU’s commercial future – which means that companies (data holders and data brokers) need to learn how to make data sharing profitable”. Read the full story at the 🔗 FDATA Global Token.io European Payments Council (EPC) Jess Gerrow Rune Krogh Kallehauge Ruta Murnikaite #openbanking #payments #openfinance #datasharing #opendata #dataeconomy #paymentscheme https://lnkd.in/eB8J5dnT