Open banking

1217 articles tagged with this keyword

/payments

Taxpayers pay HMRC over £12bn using Pay by Bank

There has been a substantial rise in the number of people using a simpler way to pay their tax bill ahead of the self-assessment deadline on 31st January. Taxpayers are increasingly using Pay by Bank technology to send money to His Majesty's Revenue and Customs (HMRC).

/wholesale

Qred streamlines credit decisions with open banking tech from Enable Banking

Enable Banking, the open banking provider offering the most comprehensive business account connectivity and account-to-account payment infrastructure in the market has partnered with Qred Bank, a trailblazer providing fast and flexible financing solutions tailored to entrepreneurs' needs.

/startups

Open Banking fintech Yavrio raises $2.4 million to eliminate CSV files

London-based open banking fintech Yavrio has raised $2.4 million in seed funding to bring embedded banking to the enterprise resource planning (ERP) space.

/payments

A2A payments platform Vyne shuts down UK operations

London-based Vyne is winding down its UK operations in the UK just months after the real-time account-to-account payments platform was acquired by Middle Eastern fintech Tarabut.

/people

Moneyhub appoints Alastair McGill as CEO

Moneyhub is a leading financial technology company known for its expertise in several areas: Open Banking, data analytics, financial decision-making, and account-to-account payments.

/retail

Fintech Galaxy achieves regulatory approval to test open banking in Jordanian sandbox

Fintech Galaxy has received the Central Bank of Jordan’s (CBJ) approval to enter the regulatory sandbox, JoRegBox, to test and deploy Open Banking services in the Kingdom within a controlled real-market framework.

/retail

Ozone API teams with ProductCloud to help Australian companies comply with open banking rules

Ozone API, a global leader in open banking technology, announces today its strategic partnership with ProductCloud, a platform that streamlines product information management.

/payments

Tink, Adyen and Recharge bring Pay by Bank to Germany

Prepaid payments platform Recharge is to provide customers in Germany with Pay by Bank options in a partnership with Tinka and Adyen.

/payments

Method raises $41.5m to expand financial account connectivity

Method Financial has raised $41.5 million in Series B funding for its consumer-permissioned financial connectivity technology for fintech lenders.

/payments

FCA and PSR set out next steps for open banking in the UK

The next steps for open banking in the UK will include a new independent company to drive forward variable recurring payments.

/payments

Sweden's Open Payments raises €3 million

Swedish B2B open banking platform, Open Payments, has raised €3 million in a funding round led by Alfvén & Didrikson, with participation from Industrifonden and other existing investors.

/payments

Neonomics buys UK open banking platform Ordo

Norwegian open banking firm Neonomics has acquired UK contemporary Ordo. Financial terms of the deal were not disclosed.

/regulation

FCA to remove £100 contactless limit

The UK Financial Conduct Authority is planning to remove the £100 contactless limit and implement an open finance regime tackling SME financing.

/payments

UK's Payment Systems Regulator sets out updated strategy

Halfway through its five-year strategic plan, the UK's Payment Systems Regulator (PSR) has published its strategy update setting out its core commitments.

/payments

Square taps Salt Edge for open banking payments

Square, the technology company that makes commerce and financial services easy and accessible, has partnered with Salt Edge, a leading open banking platform, to help streamline and simplify payment operations for sellers in the UK.

/payments

BR-DGE addds Pay by Bank with TrueLayer

TrueLayer, Europe’s leading open banking payments network, today announces a partnership with payments orchestration platform BR-DGE, to bring Pay by Bank to enterprise businesses across the globe.

/Open banking

Open Banking celebrates seventh anniversary in the UK

Open Banking Limited (OBL) is marking the seventh anniversary of the Second Payment Services Directive (PSD2) being implemented in the UK.

/Open banking

UK Open Banking API Performance 2023-2024

285 downloads

/regulation

European Court of Auditors flags concerns over EU price interventions in card market

The European Court of Auditors has raised concerns over how the EU goes about price interventions in the card market and its approach to open banking data sharing.

/regulation

CFPB gives FDX green light to issue open banking standards

The Consumer Financial Protection Bureau has approved Financial Data Exchange (FDX) as the first standard setting body for the regulator's new open banking regime.