The open banking industry in the US had a slow start to life, but is shaping up for an exciting 2024. With the first glimpses of regulator support and increasing demand from merchants, Pay by Bank is set to become a serious alternative to mainstream payment methods in the minds of US consumers.
In this episode we talk with Eric Shoykhet, the CEO and Co-Founder of Link Money. about pay-by-bank and why it is poised to become commonplace in this country.
The western world is becoming cashless, but this carries a billion pound cost for merchants. Could open banking be the answer?
Plaid is becoming the glue that connects so much in financial services. Here is a rundown of just some of their recent developments.
Account to Account payments, or A2A, are gradually making inroads in Latin America. Credit cards dominate the market, but that could change.
Progress in open banking regulation in the region is paving the way for new business models to emerge in the wake of greater financial data integration and growing fintech infrastructure.