-          54% of internal auditors have noticed an increase in cyber and phishing fraud

-          40% report an increase in asset misappropriation since the start of the pandemic

-          The need for more continuous assurance has brought internal audit more to the forefront of fraud risk management

OpenText Content Services and Digital Experience cloud solutions support bank

with advanced information management and regulatory compliance innovation

•                    Saver account combines a market-leading rate with a flexible and straightforward way to save

•                    Customers can open multiple saver accounts to help reach their savings goals

• A quarter of men in the UK have never felt more optimistic about their finances compared to just 15% of women
• However, men are more likely to need to borrow money within the next six months
• Men are almost twice as likely to be rejected by mainstream lenders, putting them at increased risk of falling into a debt spiral

Proportunity, the shared equity loan provider, has partnered with Knowledge Bank to make its products available on the industry leading criteria search platform for brokers.

The Knowledge Bank criteria database is the largest in the UK, and contains over 135,000 individual criteria from over 270 lenders.

In response to the news that the CMA has issued recommendations for the future of Open Banking, Nanna Saito Nielsen, VP of Banking Operations at GoCardless, said:

“We’re glad to see the CMA has published new guidance on the future of Open Banking. It’s not so much a resolution, however, as it is a signal that we’ve entered a critical phase of Open Banking development. We can’t afford to lose focus now.

85% of senior executives surveyed are already implementing BaaS solutions or are planning to in the next 12-18 months

Commenting on the latest announcement from the CMA on the future of Open Banking regulation, Maria Palmieri, Head of Public Policy, Yapily said: “Whilst it is encouraging to see further clarity from the CMA on the roll out of a Joint Regulatory Oversight Committee, many questions still remain around the future of Open Banking in the UK.

Nuvei Corporation, the global payment technology partner of thriving brands, announces today its partnership with Aircash, the leading Croatian mobile wallet.

Kat Cloud, UK Policy Lead, Plaid, responds to the CMA’s verdict on the future of Open Banking implementation: “Many months since the Open Banking Implementation Entity’s (OBIE) final roadmap was published, we’re finally learning more about the CMAs plans to support further development of the sector.