TransUnion Announces Investment in Bud

TransUnion (NYSE: TRU) has announced a strategic investment in Bud Financial Limited (Bud), a leader in Open Banking and data intelligence. This dynamic partnership will help drive innovation and growth in the personal finance market and support better outcomes for consumers, with greater financial inclusion. Open Banking plays an increasingly key role in facilitating innovation in the world of personal finance and automated income verification. It allows finance providers to better verify the income of...

Paywallet Joins Mastercard Global Start Path Open Banking Program

Paywallet LLC www.yourpaywallet.com, a payroll-linked verification and remittance ecosystem, today announced it was selected to join the Mastercard global Start Path Open Banking program to leverage Mastercard’s open banking expertise and market insights. Paywallet is the only U.S.-based startup to be included in the first cohort. During the three-month Start Path Open Banking program, Paywallet can uncover opportunities to innovate with Mastercard’s ecosystem to deliver and scale open banking solutions designed to meet diverse consumer financial needs. Paywallet...

ClearScore Becomes Significant Enabler of Open Banking in the UK

The ClearScore Group, which owns ClearScore, the UK’s leading credit marketplace, today announced that it has hit a milestone of over 1.5m users having enabled Open Banking functionality through its platform. This puts ClearScore as one of the largest enablers of Open Banking in the UK, in just six months. In November 2021, ClearScore launched its unique Affordability Score. Based on analysis of transaction history, it gives users – for the first time – a clearer sense of...

The future is now, the future is open- Buckzy Payments Inc

The concept of open banking continues to gather momentum as an ever-expanding number of players – both financial and non-financial – adopt the technology to gain access to customer data. Anyone with a bank account knows that their financial provider holds detailed records on how much we spend, when we spend it, and what we spend it on. Now, with open banking, this data can be shared with third parties – which in turn is...

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