June 7, 2025

PSO content

Banking

Visa, Mastercard, HSBC make open banking payment plays | PaymentsSource

David Paul Morris/Bloomberg Visa has rolled out Visa A2A, its account-to-account payment scheme, in the U.K., allowing customers to manage bills and subscriptions through their banking app. It also allows merchants the ability to include more transaction data for reconciliation and to see when a consumer changes or cancels payment permissions.  Visa A2A uses open

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Banking

The CFPB plans to kill the 1033 rule. Open banking lives on

If you asked the average person on the street if they would like their bank account data to be treated in the same way as data on Instagram or Facebook — that is, shared with advertisers, vendors and service providers — the response would be a resounding: “No! Absolutely not!” Yet every day, millions of

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