450 articles tagged with this keyword
News/regulation
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.
28 November 2022
News/payments
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.
News/retail
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.
25 November 2022
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.
24 November 2022
NextGen Nordics will return on 25th April 2023 to Stockholm, Sweden and the timing of this event could not be better placed.
23 November 2022
News/crypto
Coinbase has tapped open banking technology from TrueLayer to deliver real-time instant deposits to UK users.
17 November 2022
News/people
Tink has recruited Andrew Boyajian, former head of emerging payments and fintechs at JPMorgan, to lead its variable recurring payments unit in the UK.
Klarna's open banking unit, Klarna Kosma, has unveiled an initiative to help startups develop Proofs of Concepts in the e-commerce, data analytics and fintech space.
Brenton Charnley, the former CEO of TrueLayer's Australian and New Zealand operation, has resurfaced with a consultancy startup to help businesses take advantage of open finance.
15 November 2022
The New Zealand Government has instructed banks to begin sharing data with competitors under a new open banking framework.
11 November 2022
Rather than viewing the development of APIs as a regulatory cost burden, banks should strive to realise the considerable monetisation opportunites afforded by the trend, according to a new report from the Mobey Forum's Open Banking Expert Group.
JP Morgan is teaming up with Mastercard on a service that uses open banking to let customers make payments using their bank account information instead of a card.
10 November 2022
Charlotte Crosswell is to step down from her role as chair and trustee of the UK's Open Banking Implementation Entity, kickstarting a reruitment process for a fresh face at the helm as the organisation transitions to a new entity, Open Banking Limited.
08 November 2022
Saudi Arabia's central bank has published an open banking framework, setting out legislation, regulatory guidelines and technical standards.
07 November 2022
News/startups
Plend, a UK "ethical lender" that is ditching the traditional credit system and is instead using open banking data for lending decisions, has raised £40 million in seed funding.
02 November 2022
News/devops
APImetrics, Finextra and tomato pay have released a report capturing the performance of UK open banking providers over the period July 2021 to July 2022, analysing over 17 million functional API calls.
26 October 2022
Director of the US Consumer Financial Protection Bureau (CFPB), Rohit Chopra, took to the Money20/20 stage to outline the Bureau’s strategy toward determining regulation of open banking in the US.
25 October 2022
News/wholesale
Klarna Kosma, the open banking arm of BNPL giant Klarna, has helped Swedish SMEs receive on average 15% larger loan offers, at a 4% lower interest rate, through a tie-up with Swedish digital lending platform Krea.
UK open finance and data platform Moneyhub has secured an initial £35m in funding from high profile backers Legal & General and Lloyds Banking Group, with an additional £5m debt facility provided by Shawbrook.
24 October 2022
NatWest is opening up more opportunities for variable recurring payments by forging agreements with fintechs Token, Tink and Yapily, in adition to existing arangements with TrueLayer, GoCardless and Crezco.
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