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Open Banking Expo Awards Launch to Recognize Excellence Across the Sector – Bankless Times

Open Banking Expo Awards Launch to Recognize Excellence Across the Sector Open Banking Expo launches its awards scheme to celebrate the significant progress of open banking across the global financial services sector. Equifax is the launch partner of the scheme. The ceremony will take place in London, UK on July 15, and the scheme is now open for entries. The entry deadline is May 28 and they can be submitted via www.openbankingexpoawards.com. Open banking has driven the most significant digital transformation shift in financial services in recent times to stimulate competition, drive innovation and offer consumers and businesses alike greater control in managing their finances. 

Tesco mobile payment app Pay+ tops £1bn mark

The app allows customers to pay and collect Clubcard points with one scan of their phone Tesco mobile payment app Pay+ has surpassed the £1bn payment mark, three years after its nationwide rollout, the retailer announced this week. The app, formerly known as PayQwiq, which was rebranded in September 2017 under the new name, allows customers using either Android or iOS smartphones to pay and collect Clubcard points with one scan of their phone, up to a single transaction limit of £250. Tesco said it now had 1.2 million registered users signed up. A transaction using the app took place, on average, every 1.4 seconds, it added.

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