Open banking

445 articles tagged with this keyword

/payments

Brazil celebrates 2 years of open finance

Today marks two years since Brazil launched its Open Finance Initiative. Open banking in Brazil has blossomed thanks to the initiative, forging a new governance structure and financial system for financial institutions in the nation.

/people

Crosswell hands in Open Banking report

As she signs off as trustee of the Open Banking Implementation Entity, Charlotte Crosswell has hit out at the lack of long-term vision to move beyond the current environment to a "Smart Data" economy.

/startups

Unbanx app enables consumers to realise the value of their banking data

Irish fintech Unbanx has launched an open banking tool that enables consumers to share their transactional data with popular brands in return for points-based rewards.

/retail

Judo Bank: Redefining the challenger bank

Judo Bank, an Australian-based challenger founded in 2016 is dedicated to providing support and capital to SMEs by turning traditional banking on its head.

/people

Marion King takes over chair at Open Banking Implementation Entity

The former president of Mastercard UK and ireland, Marion King, has been appointed to suceed Charlotte Crosswell as chair and trustee of the Open Banking Implementation Entity.

/startups

Rent-to-own startup Keyzy raises £3 million

Keyzy, a UK-based rent-to-own startup for key workers, has raised £3 million in a seed funding round.

/regulation

HSBC gets warning for open banking failures

HSBC has once again fallen foul of the UK's Competition and Markets Authority (CMA) for publishing inaccurate information through its Open Data APIs.

/devops

CMA announces completion of open banking roadmap

The Competition and Markets Authority (CMA) has announced the completion of the open banking roadmap on the fifth anniversary of PSD2, which mandated open banking as a regulatory requirement in the UK.

/retail

ClearScore launches Open Banking-based B2B unit

Credit scoring service and marketplace ClearScore has launched a business-to-business unit to help UK lenders tap into Open Bnking data for lending decisions.

/retail

Fintechs call for clarity over open banking reforms

A group of fintechs including Monzo, Wise and Moneyhub have signed an open letter calling for urgent clarity on the future of open banking in the UK.

/retail

Standard Life parent invests £15m in Moneyhub

UK open finance and data platform Moneyhub has topped up a previously announced funding round with a £15 million investment from savings and retirement business Phoenix Group.

/retail

UK updates on new Open Banking entity

UK authorities have published an update on plans for a successor to the Open Banking Implementation Entity (OBIE).

/people

Plaid to let go of 260 employees

Open banking platform Plaid is to lay off 20% of its workforce in response to the turbulent economic environment.

/retail

Global FS sector finds appetite for open finance

There is a growing appetite for the next evolutionary step in open banking - open finance - within the global FS sector, with nearly half of senior professionals considering it a "must have" in the context of data sharing.

/sustainable

Sustainable Finance Live: Is sustainable finance sustainable?

Sustainable Finance Live kicked off Tuesday morning in a hybrid format, in-person and online, where leaders discussed the problem statements and solutions that are defining the sustainable finance industry today.

/regulation

Big names back new Canadian fintech association

Mastercard, Square and Wise are among the members of a new not-for-profit group pushing for a "whole-of-government" approach to supporting Canada's fintech ecosystem.

/payments

Equals Group acquires open banking platform Roqqett

Equals Group, a fintech payments group outfit on the SME marketplace, is to acquire open banking platform Roqqett for a total consideration of up to £2.25 million.

/retail

Atom Bank raises £30m; pushes back IPO

BBVA, Toscafund, and Infinity Investment Partners have agreed to invest £30 million in Atom Bank as the UK digital lender readies itself for a 2024 initial public offering.

/payments

Atoa raises $2.2m to take on Visa and Mastercard

Atoa Payments, a UK startup using open banking to offer merchants an alternative to debit card payments, has raised $2.2 million in a pre-seed funding round.

/payments

NextGen Nordics 2023 agenda announced

NextGen Nordics will return on 25th April 2023 to Stockholm, Sweden and the timing of this event could not be better placed.