Open banking

445 articles tagged with this keyword

All articles with this keyword
Apply Cancel
Money 20/20 EU: Will Europe prevail in the new dawn of payments?

/payments

Money 20/20 EU: Will Europe prevail in the new dawn of payments?

Amsterdam: Finextra is on the ground at Money 20/20 Europe, attending a host of sessions to provide you with key highlights from the most popular sessions throughout the conference.

UK fintechs call for smart data right to drive open finance

/regulation

UK fintechs call for smart data right to drive open finance

A coalition of UK fintechs has signed an open letter calling on the government to fast track a 'smart data right' that enables consumers to control their data, opening up the potential of open finance.

Stripe opens London fintech development office

/payments

Stripe opens London fintech development office

Stripe is opening a fintech development office in London that will focus on open banking, embedded finance and bank partner integrations.

JP Morgan's UK digital bank ready for launch

/retail

JP Morgan's UK digital bank ready for launch

JP Morgan is set to open the virtual doors to its long-awaited UK digital retail bank next week.

TomoCredit raises $10m for credit-building card

/inclusion

TomoCredit raises $10m for credit-building card

TomoCredit, the US startup behind a credit card designed to help first-time borrowers build credit history, has raised $10 million in a Series A funding round led by Kapor Capital and KB Investment, a subsidiary of South Korea’s Kookmin Bank.

Yolt to close consumer app to focus on open banking tech platform

/retail

Yolt to close consumer app to focus on open banking tech platform

ING Bank-backed Yolt is shutting down its consumer-facing smart money app in order to focus on its open banking technology platform.

India launches Account Aggregator system

/inclusion

India launches Account Aggregator system

India's big banks have taken the open banking plunge, launching an Account Aggregator (AA) data sharing system.

Mastercard expands open banking reach through Aiia acquisition

/retail

Mastercard expands open banking reach through Aiia acquisition

Mastercard has agreed to buy Danish open banking technology outfit Aiia. Financial terms of the deal were not disclosed.

Only 14% of UK consumers ‘completely understand’ Open Banking - Ecommpay

/payments

Only 14% of UK consumers ‘completely understand’ Open Banking - Ecommpay

Ecommpay, payment service provider and card acquirer, has released new data as part of its whitepaper entitled, ‘Beyond the pandemic: The outlook for Open Banking’.

Worldline partners ecolytiq on CO2 footprint calculation service

/sustainable

Worldline partners ecolytiq on CO2 footprint calculation service

Payments outfit equensWorldline has joined forces with Berlin-based fintech ecolytiq to help European banks provide their customers with data on their environmental footprints.

National Bank of Canada takes majority stake in data sharing startup Flinks

/startups

National Bank of Canada takes majority stake in data sharing startup Flinks

National Bank of Canada is paying C$103 million for a majority stake in Flinks, a Montreal-based data aggregation startup.

NatWest launches app to help renters spilt shared bills

/retail

NatWest launches app to help renters spilt shared bills

NatWest has developed an app called 'Housemate' that helps renters living in shared housing split and pay their bills.

Acacia uses open banking to help Aussies build wealth in sustainable way

/sustainable

Acacia uses open banking to help Aussies build wealth in sustainable way

Australian startup Acacia is emerging from stealth mode with the launch of it money management app that uses open banking and data analytics to give user insights into their financial and environmental arrangements.

JP Morgan Private Capital and AmEx invest in Plaid

/retail

JP Morgan Private Capital and AmEx invest in Plaid

Open banking platform Plaid has topped up its Series D financing round with investments from JP Morgan Private Capital Growth Equity Partners and Amex Ventures.

Canada sets 2023 target for open banking regime

/regulation

Canada sets 2023 target for open banking regime

Canada's government has paved the way for an open banking regime in the country by the beginning of 2023.

CMA mandates ‘Sweeping’ in big win for UK Open Banking

/payments

CMA mandates ‘Sweeping’ in big win for UK Open Banking

The Competition and Markets Authority (CMA) has ruled in favour of the Open Banking Implementation Entity’s (OBIE) recommendation to mandate Variable Recurring Payments (VRPs) as the mechanism for implementing Sweeping, injecting a further element of competition into the Open Banking market and ending years of opposition from some of the UK's biggest banks.

Danish pension fund Velliv rolls out open banking payments with Aiia

/payments

Danish pension fund Velliv rolls out open banking payments with Aiia

Danish pension fund Velliv has teamed up with open banking platform Aiia to let its 360,000 customers top up their pension funds instantly.

White House encourages CFPB to roll out bank data sharing rules

/regulation

White House encourages CFPB to roll out bank data sharing rules

President Joe Biden is encouraging the Consumer Financial Protection Bureau (CFPB) to issue rules allowing customers to download their banking data and take it with them.

P27 Nordic Payments secures merger approval from EU Commission

/payments

P27 Nordic Payments secures merger approval from EU Commission

The European Commission today announced merger approval for the P27 Nordic Payments initiative to establish its pan-Nordic payments platform. This approval marks a significant milestone for the initiative which is working toward the creation of a common payments infrastructure across the Nordic region.

Direct Line founder backs Moneyhub

/retail

Direct Line founder backs Moneyhub

UK Open Finance platform Moneyhub has raised $18 million in a funding round led by the founder of Direct Line and Esure, Sir Peter Wood.

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