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Open Banking Selects Ping Identity to Underpin the UK’s Open Banking Framework
Ping Identity has been selected by Open Banking to provide the identity and access management (IAM) technology that will underpin the UK’s open banking framework – the UK’s national response to the second Payment Services Directive (PSD2).
Ping’s IAM solution suite, the Ping Identity Platform, will provide the hub for Open Banking, where all UK banks and financial services organisations, and third-party providers (TPPs) wanting to participate in the open banking ecosystem, will need to go through an enrolment and verification process before becoming trusted identities stored in a central Ping repository.
Since forming the partnership, Ping and Open Banking have collaborated on a number of essential framework elements, including credential storage, authentication, authorisation, and policy enforcement. Ping will also play an active role in the implementation of the framework, and in the service delivery.
Phil Allen, VP EMEA at Ping Identity, said, “We are delighted to have been chosen by Open Banking as the IAM partner that will provide the hub for open banking in the UK. The experience that we have working with some of the world’s leading retail and digital banks, challenger banks, and our partnership with Open Banking, has helped to develop a solution that allows organisations to not only meet PSD2 and open banking requirements, but deliver a competitive edge by offering a secure, seamless and personalised experience for customers.”
With the open banking initiative becoming active as of January 2018 and PSD2 implemented in the same month, the UK financial services industry will soon be facing transformational changes. To learn more, visit www.pingidentity.com/PSD2.
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Worldline and ABN AMRO Extend Partnership to Support Payment Services in the Dutch Market
ABN AMRO and Worldline share a distinguished partnership built over decades. In recognition of this strong foundation and proven track record, Worldline will continue to enhance ABN AMRO’s customer payment solutions. This collaboration underscores the value both parties place in their long-term commitment to innovation and operational excellence.
RateGain and Juspay Partner to Power ‘RG Pay,’ a High-Performance Financial Technology Platform for the Global Travel and Hospitality Industry
RateGain Travel Technologies Limited (NSE: RATEGAIN), a global leader of AI-powered SaaS solutions for the travel and hospitality industry, and Juspay, a leading global payments technology company, today announced a strategic partnership to power RG Pay, RateGain’s embedded financial technology platform for the travel and hospitality ecosystem.
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According to ResearchAndMarkets’ recent forecasts, Chinese outbound travel is predicted to grow at a Compound Annual Growth Rate (CAGR) of 13.5%, increasing from $140B today to reach $386B by 2033. UnionPay International helps cardholders to easily make cross-border payments in 183 markets and its payment methods are particularly popular with travelers across Asia Pacific.
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Government officials, regulators, law enforcement authorities and financial services professionals gathered at the BVI International Arbitration Centre on 5 March for the BVI Financial Services Conference 2026, an event examining the evolving global landscape of financial crime and the responsibilities of international financial centres in safeguarding the integrity of the global financial system.
Glia Launches Industry-First Contractual Guarantee Against AI Hallucinations and Prompt Injections
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Money20/20 Asia Report: APAC Fintech Ecosystem Shifts from Experimentation to Scale as AI and Digital Assets Drive Leadership
Money20/20, the world’s leading fintech show and the place where money does business, today unveiled its annual Future of Fintech in APAC report ahead of Money20/20 Asia happening in Bangkok on April 21-23 at the Queen Sirikit National Convention Center (QSNCC). The whitepaper is revealing that APAC’s fintech ecosystem has reached a pivotal inflection point. The region is shifting from experimentation to scaled deployment across AI, digital payments, and digital assets, marking a decisive move toward production‑grade innovation.