Aggregation technology

183 articles tagged with this keyword

/devops

Open Banking year three: Insights from the CMA9

The UK banking industry had its hands full in 2020 as institutions had to respond to lockdowns and other restrictions on business activity designed to curb the spread of Covid-19. What effect did this have on the ongoing adoption of Open Banking? In Finextra’s annual review, we look at how Open Banking has grown, what still needs to improve and what will happen next.

/Aggregation technology

VyStar CU chooses MX for data enhancement

MX, the leader in open finance and creator of the Money Experience category, today announced that VyStar Credit Union, one of the 20 largest credit unions in the United States, has chosen MX to enhance the online experience for VyStar’s more than 735,000 members across Northeast Florida.

/Aggregation technology

Italian PFM app Fast Budget adds account agreggation with Salt Edge

Fast Budget, an Italy-based PFM app, teamed up with Salt Edge, a leader in offering open banking solutions, to enable its end-customers to connect and access all bank accounts in one place and eliminate the need to insert the financial data manually.

/cloud

EBAday 2020: Banks, fintechs or card networks, what will be disintermediated after cloud adoption?

While day one discussions centred around how open banking needs to reach a point where it is just accepted as a conventional way that consumers, corporates and banks can manage their accounts and make payments, panel sessions on the second day of EBAday 2020 focused on how the cloud and Payments as a Service (PaaS) can also act as an enabler for open banking, potentially cutting out rails that are currently acting as intermediaries.

/cloud

Driving decisions through cloud migration and data governance

In today’s environment, data is produced and consumed at a rapid pace. However, the way it is currently being stored, accessed, and processed is inefficient.

/Aggregation technology

Danske Bank rolls out account aggregation for business customers

Business customers in Danske Bank can now easily view their accounts and payments across multiple banks in one overview.

/cloud

How the cloud adds value to open banking business models and strategy

While open banking was initially regarded by many as a typical compliance exercise, following the implementation of the Second Payments Services Directive (PSD2), banks are now shifting gears and going beyond the regulatory requirements by leveraging the benefits of open APIs to cater to customer needs and innovate open banking business models.

/Aggregation technology

Tink completes acquisition of Eurobits

Tink completes its acquisition of the Spanish account aggregation provider Eurobits Technologies (Eurobits).

/cloud

Personalisation and customisation with data in the banking and payments industry

As customers increasingly experience more consistent, personalised treatment from companies across a wide variety of industries, it is natural for them to expect—and require—the same of financial services providers.

/retail

Yolt revamps app with new account and contactless card

ING-backed account aggregation app Yolt has launched a new account and contactless card to help people save while they spend.

/sustainable

Sibos 2020: Defining sustainable finance and ESG, beyond climate action and the environment

As wildfires, hurricanes, social and economic unrest and the pandemic play out across the global stage, the final of day of Sibos 2020 focuses on banking for humanity, the impact of ESG and the triple bottom line as a driver for sustainable business.

/retail

Sibos 2020: Big Tech companies are not looking to get into financial services – Jesse McWaters

Jesse McWaters, Mastercard’s vice president of global digital public policy, believes the way people think about Big Tech companies entering financial services are mistaken.

/wholesale

The fintech barbarians are no longer at the gate - they’ve been invited inside

The paradigm of challengers and incumbents should be revisited in the light of widespread collaboration between the two, according to Tony McLaughlin of Citi and Mike Massaro, CEO of Flywire.

/Aggregation technology

Fiserv adds data sharing to account aggregation offering

Financial institutions can meet growing demand from consumers to access their account information when and where they choose with a new aggregation solution from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions.

/payments

Danske Bank goes live with payments from account aggregation platform

Danske Bank is the first to offer a new mobile solution that enables Danske Bank's customers to transfer money through Danske Mobile Banking from payment accounts that the customers have with other banks.

/sustainable

UN Secretary-General: Digital finance is the optimal channel to deliver long-term financing of SDGs

The UN Secretary-General’s Task Force on Digital Finance has today launched an Action Agenda that justifies how harnessing digitalisation can empower citizens to be in control of their finances. This will in turn ultimately align with the needs collectively manifested in the Sustainable Development Goals (SDGs).

/sustainable

Alipay Ant Forest, the catalyst for enabling citizen action towards carbon reduction

According to the Green Digital Finance Alliance (GDFA), by introducing nudging and incentives on digital platforms, there is potential for substantial behavioural change among digitally-savvy consumers. This can act as a springboard for scalable global climate change mitigation and reduce 8.6% of emissions from public transport.

/identity

Citi and Wells Fargo invest in digital ID firm Socure

Citi and Wells Fargo have joined a $35 million funding round for machine learning-based digital identity verification firm Socure.

/payments

Moneyhub extends Open Finance coverage in Ireland

Market leading Open Finance data and intelligence platform Moneyhub has expanded its solutions in Ireland as part of its digital journey to further develop across Europe and other regions.