Open banking

445 articles tagged with this keyword

/retail

Money20/20: No end game for open banking

Money20/20's annual Europe event kicked off with a stream updating the industry on the progress of open banking.

/payments

Money20/20: Flutterwave CEO on being 'in the trust business'

Ahead of Money20/20 in Amsterdam, Finextra spoke to Olugbenga 'GB' Agboola, CEO of Flutterwave, about Europe's formula for supporting the fintech industry and how to prioritise digital trust amid global unrest and uncertainty.

/retail

Standard Life partners Moneyhub for open finance integration

Standard Life is teaming up with Moneyhub to roll out an open finance-powered tool, Money Mindset, to its 1.5 million workplace pension scheme members.

/startups

Financial wellness fintech Elifinty launches

UK startup Elifinty has launched its open banking-based "socially conscious" debt management platform for consumers and creditors.

/people

Exclusive: Nordic Capital scoops up payments veteran Mohit Agnihotri

Nordic Capital has announced the appointment of technology and payments veteran Mohit Agnihotri as a new partner for the European private equity firm that recently raised its EUR 9 billion Fund XI.

/startups

FinTech Scotland doubles-down on data to invigorate fintech

Nicola Anderson, CEO of Fintech Scotland, discussed the developments at the organisation and future developments in the Scottish fintech sector.

/retail

Mastercard taps open banking for digital account opening

Mastercard has unveiled a digital account opening tool that uses open banking to integrate customer verification with identity insights into a single API.

/startups

Swedish open banking startup Kreditz raises €10 million

Swedish open banking startup Kreditz has raised €10 million from investment company Creades and the venture arm of retail furniture giant Ikea.

/payments

Payments Canada Summit: open access and open banking

Payments Canada is pushing hard for the government to open up access to the country's payment systems to local credit unions and payment service providers this year, CEO Tracey Black told the organisation’s summit in Toronto on Wednesday.

/retail

Tarabut Gateway raises $32 million for Saudi push

Tarabut Gateway, a Bahrain-based open banking platform, has completed a $32 milion Series A fundraise, which includes a first invesment in the nascent Middle East open finance scene by Visa.

/startups

Australian pay by bank startup Waave raises $4.7 million

Waave, an Australian open banking startup for account-to-account payments, has closed a $4.7 million seed round backed by Menulog managing director Morten Belling and e-commerce investor Paul Greenberg

/payments

IFGS 2023: OBIE responds to JROC open banking roadmap

Exploring the data driven future of fintech at Innovate Finance Global Summit, panellists covered new developments across open banking, open finance, and digital identity.

/startups

Triver raises £7 million to provide SMEs with instant capital

Triver, a London-based startup that uses open banking data and AI to provide short-term working capital to SMEs, has raised £7 million in seed funding.

/devops

IFGS 2023: Andrew Griffith MP announces AI and open finance ambitions for UK

Economic secretary to the Treasury, Andrew Griffith MP, spoke in a keynote speech outlining the government’s ambitions for the fintech industry during day one of the Innovate Finance Global Summit 2023.

/regulation

UK regulators deliver roadmap for future of open banking

Financial regulators in the UK have laid out their plans for the future of open banking.

/startups

Yonder secures £62.5 million in Series A funding

Rewards credit card startup Yonder has secured £12.5 million in equity and a £50 million credit line to scale operations.

/startups

Finanzguru raises €13 million in a funding round led by PayPal and Scor Ventures

German financial management app Finanzguru has raised €13 million led by new investors Scor Ventures and PayPal Ventures, with participation from existing backers including Deutsche Bank, coparion, VR Ventures, Hannover Digital Investments, Venture Stars and former Postbank CEO Frank Strauss.

/payments

Citi Digital Money Symposium: How are FIs leveraging data to meet consumer demand?

Finextra attended the Citi Digital Money Symposium, which brought together experts from all over the industry to discuss innovation and emerging trends across the online payments sector in 2023. The conference looked at the challenges that could arise as the payments ecosystem becomes increasingly digital.

/retail

UK small businesses embrace open banking

UK businesses are adopting open banking products at a higher rate than consumers, with accounting software driving take-up, data from Open Banking Limited (OBL) shows.

/retail

Bud branches out into US

UK-based open banking fintech Bud has hired a leadership team to spearhead its entry into the US market.