Latest Open banking News: Finextra Research

Is Request to Pay the System for a World of New Norms?

13 July 2020 973 downloads

Yolt names Nicolas Weng Kan CEO

ING-backed account aggregation platform Yolt has appointed former Google Compare and Confused.com chief Nicolas Weng Kan CEO.

10 July 2020

News/people

Railsbank arrives in the US

London-based open banking platform Railsbank has launched in the US, introducing a first-of-its-kind Credit Card as a Service (CCaaS) offering.

10 July 2020

Company update/retail

Planner Bee taps Salt Edge for customer financial data access

Pocket financial planning app Planner Bee announced a partnership with Salt Edge, a leader in open banking solutions, to securely and seamlessly connect millions of users to their personal banking data.

08 July 2020

News/startups

TSB launches bill management pilot

TSB Bank is launching a pilot for a bill management and utility switching service in partnership with white-label fintech provider ApTap.

08 July 2020

Company update/cloud

Fintech Galaxy launches open API platform

Fintech Galaxy, the UAE-based cross-border fintech marketplace and innovation crowdsourcing platform, announced today that it has launched FinX22, its cloud-based open Innovation platform that aims at driving collaboration, fueling innovation, and facilitating integration between financial institutions and fintech companies.

07 July 2020

News/startups

Canadian data sharing startup Flinks closes $11m Series A

Montreal-based data aggregation startup Flinks has raised $11 million in a Series A funding round led by the VC arm of National Bank of Canada.

07 July 2020

News/startups

Industry heavyweights raise EUR45m for Italian challenger bank

A pair of veteran Italian banking executives has raised EUR45 million and taken the first steps to acquiring a license for a new digital bank for small businesses.

03 July 2020

Company update/startups

Startup SplitBill launches to settle group payments between friends

SplitBill, an innovative new app which allows users to effortlessly divide a bill or expense in a seamless and cashless way launches today, after a successful round of funding.

01 July 2020

News/regulation

Australia takes first steps towards Open Banking

Australian consumers can now choose to share their banking data with third party providers following the launch of Open Banking under the Consumer Data Right Act.

01 July 2020

News/payments

Bud launches open banking payments product

UK-based Bud has launched an open banking and PSD2 payment API designed to provide an alternative to card payments and bank transfers.

30 June 2020

News/payments

NatWest uses Open Banking for cardless e-commerce payments

NatWest has launched an open banking-based service that lets customers of multiple lenders make instant online payments to participating retailers, without the use of a debit or credit card.

25 June 2020

Research/Open banking

Charting a Core Transformation Roadmap to a Future Unknown

24 June 2020 979 downloads

News/retail

Mastercard to buy Finicity for open banking push

Mastercard is accelerating its open banking strategy through the $825 million acquisition of real-time financial data aggregation service Finicity.

23 June 2020

Research/Open banking

Instant Payments: Why Covid-19 is Bringing the Roadmap Forward

11 June 2020 639 downloads

News/retail

UniCredit embraces open banking with account aggregator

Italy's UniCredit has introduced an open banking feature that lets customers see all of their current accounts, including those held with other providers, via its online portal and mobile app.

04 June 2020

Company update/devops

KBC upgrades its developer portal

As of today, KBC is opening up a whole range of services to partners (companies) via its renewed Developer Portal.

04 June 2020

Company update/regulation

Plaid and 11:FS publish report on open finance

London, UK. 11:FS, the challenger firm defining and building truly digital financial services, and Plaid, the technology company powering digital apps and services millions of people rely on to manage their finances, have released a joint report on the transition from open banking toward open finance.

04 June 2020

News/retail

Tink gets second PayPal investment

Swedish Open Banking platform Tink is set to take full advantage of PSD2 after expanding its partnership with PayPal to include all countries in the European Economic Area. The US payments giant is also making a second strategic investment in Tink.

03 June 2020

News/devops

Latin American open banking startup Belvo raises $10m

Mexico City-based Belvo has raised $10 million from Founders Fund and Kaszek Ventures to grow its developer-first financial API platform across Latin America.

29 May 2020