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Industry news

Revealed: The tools and strategies needed in the fight against fraud

A new report by Open Banking Expo and Bottomline delves into the growing threat posed by APP fraud and the most effective prevention strategies for the industry to adopt.

UK food wholesaler introduces in-branch Pay by Bank with Trustly

Jussi Lindberg, Trustly’s chief revenue office, called Open Banking payments “the preferred payment method”.

Bunq enters insurance market via new partnership

The European neobank has also announced an update to its AI chabot, ‘Finn’.

GoCardless hires new chief growth officer from Intuit

GoCardless president Paul Stoddart said the appointment will “add strength and depth to our business as we work towards our ambitious growth goals”.

iwoca receives £270m debt financing package from Citi, Barclays

The investment will support iwoca’s growth plans in the UK and Germany, and enable it to keep up with demand from SMEs for its ‘Flexi-Loan’ product.

Experian expands access to credit with new cashflow tool

‘Cashflow Attributes’ uses Open Banking data to provide lenders with a more detailed picture of US consumers’ creditworthiness.

Abound raises £800m in debt and equity as it eyes UK expansion

Abound will also use the injection of funding to rollout Render, its proprietary AI credit technology platform, globally.

Banks, credit unions to discuss consumer-driven banking readiness at OBExpo Canada

As well as major Canadian banking groups, the agenda features international use cases from BBVA and Bancolombia, respectively.

Key political, policy representatives join OBExpo Canada speaker line-up

Finance Canada’s Kirsten Fraser will provide an update on consumer-driven banking in the Opening Keynote.

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