Posts Tagged ‘insurance’
Competition Bureau: Open Banking must unlock ‘innovation-driven’ competition in Canada
At Open Banking Expo Canada 2026, Jeanne Pratt, Acting Commissioner of Competition at the Competition Bureau of Canada, outlined why the Competition Bureau sees Open Banking and data portability as key tools.
Read MoreInsight: Data portability isn’t a policy detail – it’s a pressure release
Data portability is emerging as a key driver of competition in Canada’s financial system by reducing the friction that keeps consumers from switching. As financial lives grow more fragmented, easier data movement could reshape trust, loyalty, and choice, writes Bernice Cheung of Environics Research
Read MoreWrisk acquires Atto to create embedded finance and protection platform
Wrisk has acquired Atto, a real-time financial intelligence platform focused on Open Banking-driven credit scoring, income verification, affordability assessment and behavioural insight.
Read MoreAxle teams with Experian to bring insurance verification to automotive dealers
Axle has partnered with Experian® to integrate real-time automotive insurance verification into Experian’s Fraud Protect™ platform, helping dealerships and lenders reduce fraud, manage compliance risk, and confirm insurance before vehicles leave the lot.
Read MoreBinq partners with iwoca to extend funding to UK businesses
Business marketplace Binq has integrated with iwoca, using Open Banking data to provide the UK’s 5.5 million SMEs with funding options.
Read MoreAcquired.com partners with Visa to launch Visa A2A
Acquired.com, a payments infrastructure provider for recurring commerce, has partnered with Visa in the UK to launch Visa A2A – a new account-to-account payment solution for recurring and variable payments, offering an alternative to Direct Debit and card-on-file.
Read MoreData portability frameworks deliver time and cost savings for Canadians
The Bureau used the insurance sector as a case study to estimate the value of data portability for consumers.
Read MoreOpen Banking Limited marks eight years of Open Banking in the UK
More than 16.5 million user connections are live across the UK, supported by an ecosystem of 145 authorised third-party providers, according to OBL.
Read MoreInterchecks and Mastercard partner to advance A2A payments through Open Finance
Interchecks and Mastercard have announced a strategic partnership to streamline account-to-account payments, combining Pay by Bank with Open Finance capabilities to deliver a trusted, scalable solution across industries.
Read MoreMoverly’s digital home-moving property pack wins Smart Data Challenge prize
A Smart Data prototype that generates Digital Sale Ready Packs to make it easier to buy and sell a home has been named the winner of the Smart Data Challenge Prize by the Department for Business and Trade.
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