Posts Tagged ‘Australia’
Insight: Open Banking in Canada – the path forward
With the appointment of Abraham Tachjian as Canada’s Open Banking (OB) lead in March 2022, the CIO Strategy Council’s proposal on national standards, and the FDX technical standard’s growing influence in the market, Canada has been progressing in its journey towards a successful OB implementation. How will and should OB be different here than in other global implementations? What roles will ecosystem participants play in this new normal?
Read MoreWestpac launches carbon footprint tracker powered by Cogo
Customers who use the tool in the bank’s app will be provided with an estimate of their carbon emissions.
Read MoreStripe makes unified commerce solutions available in Australia
In-person contactless payments enables Australian platforms to reach verticals that do not traditionally use payments hardware, Stripe said.
Read MoreAirwallex rolls out global payments to Canada
Some of Airwallex’s key offerings, such as local currency accounts in more than 12 currencies, will initially be available to Canadian businesses.
Read MoreAustralia’s BCU Bank teams up with Frollo to launch financial empowerment app
Frollo’s chief executive officer said that “Open Banking is the key to providing customers with a comprehensive view of their finances”.
Read MoreRyan Reynolds makes investment in Canadian fintech Nuvei
The Hollywood actor and investor said “it’s about time a Canadian company got the type of attention American tech companies do”.
Read MoreRailsr hires new CEO as part of trio of executive appointments
Philippe Morel has been appointed chief executive officer to “rebuild momentum, drive change and return Railsr to growth”.
Read MoreNAB to issue payment prompts to tackle rise in scams
Customers of National Australia Bank will see the prompts in the app and on internet banking to encourage them to “pause and review” a payment.
Read MoreAmerican Express launches Card PayID service in collaboration with Australia’s Cuscal
American Express Card PayID improves the repayments process for consumers and businesses, and sits on the New Payments Platform in Australia.
Read MoreQ&A: Lisa Novier of Envestnet Data & Analytics on why data aggregation platforms need supervision in the US
The US’s market-driven approach has generated strong demand from consumers for data sharing, according to Envestnet Data and Analytics’ head of governance, risk and compliance.
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