475 articles tagged with this keyword
News/startups
London-based open banking fintech Yavrio has raised $2.4 million in seed funding to bring embedded banking to the enterprise resource planning (ERP) space.
22 hours
News/payments
London-based Vyne is winding down its UK operations in the UK just months after the real-time account-to-account payments platform was acquired by Middle Eastern fintech Tarabut.
28 January 2025
Prepaid payments platform Recharge is to provide customers in Germany with Pay by Bank options in a partnership with Tinka and Adyen.
27 January 2025
Method Financial has raised $41.5 million in Series B funding for its consumer-permissioned financial connectivity technology for fintech lenders.
24 January 2025
The next steps for open banking in the UK will include a new independent company to drive forward variable recurring payments.
23 January 2025
Swedish B2B open banking platform, Open Payments, has raised €3 million in a funding round led by Alfvén & Didrikson, with participation from Industrifonden and other existing investors.
Norwegian open banking firm Neonomics has acquired UK contemporary Ordo. Financial terms of the deal were not disclosed.
News/regulation
The UK Financial Conduct Authority is planning to remove the £100 contactless limit and implement an open finance regime tackling SME financing.
22 January 2025
Halfway through its five-year strategic plan, the UK's Payment Systems Regulator (PSR) has published its strategy update setting out its core commitments.
17 January 2025
The European Court of Auditors has raised concerns over how the EU goes about price interventions in the card market and its approach to open banking data sharing.
10 January 2025
The Consumer Financial Protection Bureau has approved Financial Data Exchange (FDX) as the first standard setting body for the regulator's new open banking regime.
09 January 2025
Startup Money Squirrel has launched an open banking-powered app to help UK businesses master their cashflow management.
07 January 2025
Account-to-account payments fintech Volume has raised $6 million to scale its operations across the UK and Europe.
18 December 2024
Open banking data vendor Neonomics has filed a complaint with the Norwegian Competition Authority alleging anti-competitive practices in the payments market by the country's banking sector.
17 December 2024
News/ai
Atos Group unit Eviden is teaming up with fintech Ordo and blockchain company ByzGen to pilot an open banking-based bill payment service.
12 December 2024
As Europe moves closer to boosting open finance through the rollout of Financial Data Access (FIDA) legislation, a host of associations have called for a "thorough assessment" of its impact to avoid damaging the sector's competitiveness.
09 December 2024
News/people
Open banking vendor TrueLayer reportedly laid of a quarter of staff in September in an attempt to push the loss-making firm to profitability.
18 November 2024
The UK Government has published its National Payments Vision (NPV), vowing to cut through the "regulatory congestion" facing the sector to deliver a world-leading ecosystem.
15 November 2024
News/devops
UK Chancellor Rachel Reeves detailed the financial services strategy launching in March 2025, which will focus on bolstering growth, developing fintech and sustainable finance sectors.
Bank of New Zealand has acquired Māori open banking fintech BlinkPay.
07 November 2024
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