463 articles tagged with this keyword
News/startups
Prism Data, the US open banking outfit that span out from Petal earlier this year, has raised $5 million in seed funding.
23 October 2023
News/payments
JP Morgan and Mastercard have announced the launch of their Pay-by-Bank solution, giving billers the ability to allow their customers to pay bills directly from their bank account, using traditional ACH banking rails.
20 October 2023
News/regulation
The Consumer Financial Protection Bureau (CFPB) has proposed its long-awaited open banking rule in the hopes of improving competition in the US banking and payments sector.
Stripe is to provide customers of European merchants with the option to ditch card-based payments in favour of open banking linked transactions through an embedded checkout integration with TrueLayer
19 October 2023
Westpac NZ's venture capital fund has led a $1.4 million investment round in Kiwi open finance startup Akahu.
Mastercard is stepping up its open banking activity through partnerships with merchant solutions business Worldpay and BNPL firm Zip.
News/people
Open banking platform Plaid has hired former Expedia executive Eric Hart as its first chief financial officer, filling a critical role ahead of an anticipated IPO.
18 October 2023
News/wealth
Open wealth platform Flanks has secured $8 million in a Series A round led by Earlybird Venture Capital, and followed by the existing investors JME Ventures and 4Founders Capital.
BuildMyCreditScore, a UK startup that enables individuals to effortlessly boost their credit score through everyday spending on a debit card, has launched in the UK.
09 October 2023
News/retail
NatWest is tapping Open Banking for a transaction categorisation service that lets businesses offer their customers personalised insights.
06 October 2023
Some of Canada's largest fintechs have launched a campaign to rally public support for government action on open banking and payments modernisation.
05 October 2023
News/inclusion
Financial wellbeing app Wagestream has acquired challenger credit card startup Keebo. Financial terms of the deal were not disclosed.
03 October 2023
London-based embedded finance firm Weavr is shutting down Comma, the open banking payments app it acquired just months ago.
Apple is soft launching a new iPhone Wallet app that is integrated with UK's open banking framework.
28 September 2023
Ant Group has introduced 10 mobile wallets already used across Asia to the Chinese mainland through the Alipay+ in China (A+China) program. The move comes in preparation for the Hangzhou Asian Games.
19 September 2023
Mastercard and Saxo Bank have announced a partnership to facilitate open banking payments into customer’s investment accounts.
Financial API and security specialists, APImetrics and Contxt today announced that they have agreed to merge.
14 September 2023
NatWest's open banking payment platform Payit has introduced a new way for businesses to make a payment without needing the recipient's account details, by sending a secure, single-use payment link.
12 September 2023
The Consumer Financial Protection Bureau (CFPB) has fired a shot across Apple's bows over the tech giant's policy of restricting access to the NFC chip technology that enables iPhone users to make payments.
08 September 2023
BNY Mellon has teamed up with Trustly to launch an open banking-based service that makes it practical for organisations to support consumer payments directly from bank accounts.
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