Open banking

475 articles tagged with this keyword

/startups

Open Banking fintech Yavrio raises $2.4 million to eliminate CSV files

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.

/payments

A2A payments platform Vyne shuts down UK operations

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.

/payments

Tink, Adyen and Recharge bring Pay by Bank to Germany

Prepaid payments platform Recharge is to provide customers in Germany with Pay by Bank options in a partnership with Tinka and Adyen.

/payments

Method raises $41.5m to expand financial account connectivity

Method Financial has raised $41.5 million in Series B funding for its consumer-permissioned financial connectivity technology for fintech lenders.

/payments

FCA and PSR set out next steps for open banking in the UK

The next steps for open banking in the UK will include a new independent company to drive forward variable recurring payments.

/payments

Sweden's Open Payments raises €3 million

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.

/payments

Neonomics buys UK open banking platform Ordo

Norwegian open banking firm Neonomics has acquired UK contemporary Ordo. Financial terms of the deal were not disclosed.

/regulation

FCA to remove £100 contactless limit

The UK Financial Conduct Authority is planning to remove the £100 contactless limit and implement an open finance regime tackling SME financing.

/payments

UK's Payment Systems Regulator sets out updated strategy

Halfway through its five-year strategic plan, the UK's Payment Systems Regulator (PSR) has published its strategy update setting out its core commitments.

/regulation

European Court of Auditors flags concerns over EU price interventions in card market

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.

/regulation

CFPB gives FDX green light to issue open banking standards

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.

/startups

Money Squirrel launches app to help UK firms with cashflow management

Startup Money Squirrel has launched an open banking-powered app to help UK businesses master their cashflow management.

/payments

A2A payments startup Volume raises $6 million

Account-to-account payments fintech Volume has raised $6 million to scale its operations across the UK and Europe.

/payments

Neonomics files complaint over anti-competitive practices in Norway's payments market

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.

/ai

Eviden and Ordo pilot open banking-based bill payment platform

Atos Group unit Eviden is teaming up with fintech Ordo and blockchain company ByzGen to pilot an open banking-based bill payment service.

/regulation

FS sector calls for 'thorough assessment' of Financial Data Access regulation

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.

/people

TrueLayer lays off 25% of staff in a single day

Open banking vendor TrueLayer reportedly laid of a quarter of staff in September in an attempt to push the loss-making firm to profitability.

/payments

UK sets out National Payments Vision

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.

/devops

UK Chancellor proposes pension and sustainable finance reforms

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.

/payments

BNZ acquires open banking fintech BlinkPay

Bank of New Zealand has acquired Māori open banking fintech BlinkPay.