Ozone API, a global leader in open banking technology, today provided OBL with an updated UK open banking model bank in its role as the model bank provider for Open Banking Limited (OBL). The company has successfully updated the model bank to support the rollout of the UK's latest open banking standards, known as Open Banking Standards v4.0.

Iliad Solutions today announces it has renewed a multi-year agreement with Butterfield, the leading, independent bank and trust company headquartered in Hamilton, Bermuda.

Qonto, the leading European business finance solution for SMEs and freelancers, today announces the appointment of its new Chief Product Officer, Natalia Williams. 

NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $1.2 billion-asset CoreFirst Bank & Trust has selected Atleos’ Allpoint Network to provide wider, more convenient access to everyday banking transactions for its customers.

Plinqit, an award-winning provider of high-yield and automated savings software solutions that enable financial institutions to grow deposits, attract new customers and expand their retail footprint, found that a checking account is the most common way Americans save, as 48% say they use this type of account to save money.

Chimney™, a fintech company transforming how financial institutions use property data, announced that its product suite, including its newest innovation, Chimney Home, is now accessible through the Jack Henry™ digital banking platform.

BLIK Romania, registered in Bucharest, has obtained authorization for the operation of the BLIK payment system. This decision will enable the development of this system in local currency (RON) and open it to Romanian payment service providers. As a first step, the operator plans to focus on the development of payments in the e-commerce channel, thus responding to the dynamic growth of the online sector in Romania.

The report reveals significant growth projections across various sectors of digital lending. AI-powered lending models are expected to enhance credit risk assessment, potentially improving performance by 10-15% compared to traditional models. The global peer-to-peer lending market is projected to surpass US$705.81 billion by 2030, growing at a CAGR of 26.7% from 2022 to 2030.

New fraud protections have come into effect today (7th October), and the personal finance comparison site