Open banking

450 articles tagged with this keyword

All articles with this keyword
Apply Cancel
NatWest's Payit hits £1bn processed

/payments

NatWest's Payit hits £1bn processed

Just two years after launch, NatWest's open banking payments tool, Payit, has hit the £1 billion in processed payments milestone.

Scotland make fintech push with event series

/retail

Scotland make fintech push with event series

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.

Plaid deal lets Wise customers connect accounts to 6000 apps

/payments

Plaid deal lets Wise customers connect accounts to 6000 apps

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.

Working group formed to determine the future of UK open banking

/regulation

Working group formed to determine the future of UK open banking

UK regulatory bodies have formed a strategic working group (SWG) to map out the future of open banking.

JP Morgan rolls out cross-border liquidity product in Saudi Arabia

/payments

JP Morgan rolls out cross-border liquidity product in Saudi Arabia

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.

Yapily signs Volume as first VRP customer

/payments

Yapily signs Volume as first VRP customer

Open banking platform Yapily has launched its variable recurring payments (VRP) product and signed one-click payments platform Volume as it first customer.

FCA zeroes-in on misleading investment adverts

/regulation

FCA zeroes-in on misleading investment adverts

The Financial Conduct Authority (FCA) has strengthened regulation around high-risk investment adverts targeting consumers.

Plaid backs Gemini users for crypto purchases

/crypto

Plaid backs Gemini users for crypto purchases

Crypto exchange Gemini, has connected with open banking and payments platform Plaid, to provide UK customers with the option to buy cryptocurrency through their bank accounts.

FCA overhauls consumer protection with new Consumer Duty

/regulation

FCA overhauls consumer protection with new Consumer Duty

The Financial Conduct Authority (FCA) has confirmed it will roll-out the Consumer Duty, requiring banks and other financial institutions to drastically improve their consumer protection efforts over the next 12 months.

GoCardless and Plaid launch VRP offering ahead of CMA sweeping deadline

/payments

GoCardless and Plaid launch VRP offering ahead of CMA sweeping deadline

Following the Competition and Markets Authority’s mandate that the UK’s nine largest banks must support sweeping by 31st July 2022, both Plaid and GoCardless have launched a Variable Recurring Payments offering today.

Starling posts first profitable year

/startups

Starling posts first profitable year

UK digital bank Starling has turned a £32m profit for the last financial year, marking its first full year of profitability.

Tink rolls out settlement accounts

/payments

Tink rolls out settlement accounts

Open banking platform Tink has rolled out settlement accounts, providing merchant customers with a full-stack payments offering that performs automated refunds, payouts, and reconciliation, alongside the Swedish firm's Payment Initiation Services.

Qori launches multi-channel pay by bank and pay by crypto tech

/startups

Qori launches multi-channel pay by bank and pay by crypto tech

French startup Qori has launched, enabling Europeans to pay in store, remotely or online with their bank or crypto wallet without having to download a proprietary app.

Sonovate lands £165million deal with BNP Paribas and M&G Investments

/markets

Sonovate lands £165million deal with BNP Paribas and M&G Investments

UK fintech Sonovate has unveiled a substantial securitisation deal with BNP Paribas and M&G Investments, adding £165 million to its funding.

WeChat Pay and AliPay+ launch in Qatar

/payments

WeChat Pay and AliPay+ launch in Qatar

Qatar National Bank (QNB) has become the first bank in Qatar to launch mobile payment services WeChat Pay and AliPay+.

BaaS startup BKN301 raises EUR15m

/startups

BaaS startup BKN301 raises EUR15m

BKN301, a digital payments and Banking-as-a-Service startup, has raised EUR15 million in a Series A funding round led by Abalone Group.

Paytrail and Mastercard hit monthly open banking milestone

/payments

Paytrail and Mastercard hit monthly open banking milestone

Paytrail and Mastercard’s partnership through Aiia - an open banking platform, is now enabling more than one million open banking payments each month.

GoCardless to acquire Nordigen

/payments

GoCardless to acquire Nordigen

GoCardless has announced its plans to acquire Nordigen, a freemium open banking data provider. This move will open GoCardless to a wider covering in its account-to-account network, more than 2,300 banks in 31 countries.

Travel money card Currensea raises £1.35 million in under two hours on Seedrs

/payments

Travel money card Currensea raises £1.35 million in under two hours on Seedrs

Currensea, a money-saving travel card linked to existing current accounts, has surpassed its crowdfunding target in under two hours, raising £1.35m from over 350 investors on Seedrs.

Revolut to roll out 'responsible' BNPL product across Europe

/payments

Revolut to roll out 'responsible' BNPL product across Europe

Revolut will roll out its "responsible instalments payment product" - dubbed Pay Later - in Europe, starting with a select group of customers in Ireland this week.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept