445 articles tagged with this keyword
News/startups
Sync., the UK open banking app founded by a former Revolut executive, has gone into administration.
28 September 2022
News/regulation
As the European Commission prepares to share its framework for data access in financial services, a paper from Afme is stressing the need for a level playing field if data is to be shared across sectors.
27 September 2022
News/payments
Digital bank Revolut has announced its expansion into Mexico and Brazil, with a plan to hire 250 new employees in both countries by 2025.
23 September 2022
News/retail
Leading fintech players including Plaid, Truelayer and Yapily have banded together to launch a not-for-profit trade association pushing open finance in the UK and EU.
22 September 2022
TSB Bank recently launched TSB Marketplace on their mobile app. The service will connect customers to fintechs to aid them in making informed financial decisions. Finextra spoke to head of open banking and partnerships at TSB, Aruna Bhalla, about the service and what opportunities it opens up for consumers.
02 September 2022
Less than a year after shutting down its consumer-facing smart money app, ING-backed Yolt is set to close completely, shuttering its business-to-business open banking operations.
30 August 2022
The UK should broaden its open banking model to accelerate the growth of fintech as part of a wider new financial services "Big Bang", according to a group of MPs.
HSBC UK has rolled out sweeping variable recurring payments (VRP) to all its personal and business customers who use open banking services.
25 August 2022
Nationwide Building Society is using open banking technology from Moneyhub to enable customers to fund new savings accounts as part of the application process.
Hello Clever, an Australian 'buy-to-earn' startup that gives shoppers real-time cashback, has raised A$4.5 million in seed funding.
24 August 2022
Citi Ventures is the latest big name to invest in Mexico City-based open finance API platform Belvo.
23 August 2022
News/wealth
Lloyds has signed investment platform AJ Bell to its open banking-powered FundBy Bank technology.
Prometeo Open Banking has launched what it claims is the first pan-regional Account-to-Account (A2A) payments offering in Latin America.
22 August 2022
Revolut has announced that Romanian customers are able to apply for consumer loans in their local currency.
19 August 2022
A new UK Finance Payment Markets report finds Faster Payments volumes increased by 23% to 3.6 billion from 2020 to 2021. The report looks at the latest payment trends from 2021 and forecasts up to 2031.
Just two years after launch, NatWest's open banking payments tool, Payit, has hit the £1 billion in processed payments milestone.
15 August 2022
A series of focus group events are slated to take place across Scotland to support the country's plan to create more than 20,000 fintech-related jobs over the next decade.
12 August 2022
Wise has struck an open finance agreement with Plaid that will enable the former's 13 million of customers to connect their accounts to thousands of apps.
10 August 2022
UK regulatory bodies have formed a strategic working group (SWG) to map out the future of open banking.
JP Morgan Payments has launched a cross-border liquidity solution in Saudi Arabia, allowing clients to connect to liquidity pools in London and other international cities.
05 August 2022
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