Open banking

1174 articles tagged with this keyword

/wholesale

Multi-user access for Tide customers on the horizon

The chief technology officer of Tide has addressed concern by its customers that the platform does not offer multi-user access to its accounts.

/devops

WEF executive: Traditional finance business model no longer working

Simon Torrance, senior adviser at corporate innovation firm, Rainmaking, claims that the traditional financial services business model is no longer working.

/people

TrueLayer enters Australian Open Banking market

UK Open Banking startup TrueLayer has hired Brenton Charnley to lead its push into the Australian market.

/retail

EBAday 2020: Open Banking – where do we go from here?

Recent research from ING suggested that consumers remain suspicious and uninformed about open banking despite it now being firmly embedded into the financial services ecosystem across parts of Europe and elsewhere.

/startups

Nesta names Open Banking challenge winners

UK innovation agency Nesta has named Mojo Mortgages, Moneybox, Plum and Wagestream as the winners of its £1.5 million open banking competition.

/retail

ID Exchange helps fintechs with Oz open banking access

As Australia's Open Banking regime creeps forward, Australian privacy and data-sharing tech firm ID Exchange is helping impatient fintechs immediately access Open Banking with a "plug-and-play" data-sharing platform they can activate today.

/retail

Finicity rolls out credit decisioning suite

Finicity, a leading provider of open banking solutions, today announced the rollout of Finicity Lend for credit-decisioning.

/payments

OneBanks forms partnership with Nuapay

OneBanks, the future of high street banking, has announced a global partnership with open banking pioneer Nuapay, a Sentenial company, as part of its purpose to bring back banking with humans and enable financial inclusion for all.

/retail

Sync and TrueLayer extend smart banking alliance

TrueLayer, the leading technology company building financial infrastructure that’s open to any business, anywhere in the world, today announced the extension of its partnership with digital smart open banking app sync. to include France and Ireland.

/payments

Tink announces new open banking partnership

Enel X, the business line of Europe’s largest utility company, the Enel Group, has picked the open banking platform Tink as its open banking technology provider.

/retail

Intelliflo makes Open Banking move

Intelliflo has launched Open Banking to all customers, enabling them to provide their clients with a holistic view of their entire financial portfolio in one secure place.

/startups

UK's Tech Nation announces latest fintech cohort

Thirty one UK scaleups have been selected to participate in the third cohort of Tech Nation's fintech programme.

/retail

Italy's illimity buys 50% stake in Banca Sella's open banking unit

Italian digital bank illimity has reached an agreement to buy a 50% stake in Hype, the open banking outfit owned by Banca Sella.

/crypto

Investors to increase allocation to crypto assets

The growing number of startups offering crypto investment services will be buoyed by news that institutional investors are set to increase the amount of capital they spend on crypto assets.

/payments

ClearBank dances on the cloud’s silver lining thanks to Covid-19

For the latest feather in its cap, the cloud-based ClearBank became the first clearing bank to offer multi-currency bank accounts via API. Partnering with JP Morgan, ClearBank will offer clients the ability to move funds between accounts through an API-based connection to JPMorgan, but this is just one step in what promises to be a period of strong growth for the firm.

/inclusion

Finastra to prioritise tackling financial exclusion and SME funding issues

As part of its accelerated innovation mission and open cloud platform strategy, Finastra has set forth a plan to support nine million lives around the world and focus on resolving the SME funding gap, inequality in financial services and financial exclusion.

/startups

TrueLayer raises $25m

UK Open Banking startup TrueLayer has raised $25 million in a Series C funding round joined by Anthemis, Connect Ventures, Northzone and Temasek.

/retail

Tink selects OpenWrks aggregation platform

Swedish open banking outfit Tink has purchased the aggregation platform of UK firm OpenWrks in a bid to further expand its European presence.

/wholesale

The fintech barbarians are no longer at the gate - they’ve been invited inside

The paradigm of challengers and incumbents should be revisited in the light of widespread collaboration between the two, according to Tony McLaughlin of Citi and Mike Massaro, CEO of Flywire.

/startups

Aussie startup unveils open banking-powered corporate credit card

Australian working capital startup Cape is preparing to launch a corporate credit card powered by Open Banking technology early next year.