540 articles tagged with this keyword
News/retail
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
News/regulation
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.
News/payments
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
News/startups
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
Open banking platform Yapily has launched its variable recurring payments (VRP) product and signed one-click payments platform Volume as it first customer.
02 August 2022
The Financial Conduct Authority (FCA) has strengthened regulation around high-risk investment adverts targeting consumers.
01 August 2022
News/crypto
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.
28 July 2022
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.
27 July 2022
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.
26 July 2022
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