Tag: Open banking
Next Steps for Open Banking in the UK: FCA and PSR Initiatives
Exploring the Future of Financial Innovation and Consumer EmpowermentHighlights: FCA and PSR outline plans for Open Banking expansion.Focus on improving consumer access and financial...
Neonomics Acquires UK Open Banking Platform Ordo
Expanding Open Banking Solutions and Innovations in the UK MarketHighlights: Neonomics has completed the acquisition of Ordo, a UK-based open banking platform.The acquisition aims...
Understanding Open Banking Standards: CFPB Approves FDX Initiative
The Future of Financial Data Sharing and Consumer EmpowermentHighlights:CFPB grants approval to FDX to establish open banking standards.
New standards aim to enhance...
TrueLayer Cuts Workforce Amid Profitability Push and $50M Funding Boost
Workforce Reductions: TrueLayer, an open banking payments company based in London, laid off 71 employees—roughly 25% of its workforce—in September to streamline operational...
UK Government Unveils Strategy to Boost Financial Services Growth and Innovation
Driving Competitiveness in Finance: The new Labour government, led by Chancellor Rachel Reeves, announced plans to reform financial regulations to prioritize growth, competitiveness,...
UK Government Unveils Plans to Boost Growth and Competitiveness in Financial Services
The UK government, led by Chancellor Rachel Reeves, has announced a strategic plan to enhance growth and competitiveness in financial services. Key highlights include:...