Open banking

533 articles tagged with this keyword

/payments

Canadian fintechs launch open banking public campaign

Some of Canada's largest fintechs have launched a campaign to rally public support for government action on open banking and payments modernisation.

/inclusion

Financial wellbeing app Wagestream buys Keebo to help workers access credit

Financial wellbeing app Wagestream has acquired challenger credit card startup Keebo. Financial terms of the deal were not disclosed.

/payments

Weavr shuts down recently-acquired Comma app

London-based embedded finance firm Weavr is shutting down Comma, the open banking payments app it acquired just months ago.

/payments

Apple soft launches UK open banking integration for iPhone Wallet

Apple is soft launching a new iPhone Wallet app that is integrated with UK's open banking framework.

/payments

Ant Group adds 10 e-wallets from the Alipay+ programme into China

Ant Group has introduced 10 mobile wallets already used across Asia to the Chinese mainland through the Alipay+ in China (A+China) program. The move comes in preparation for the Hangzhou Asian Games.

/payments

Mastercard and Saxo Bank team up for open banking account feature

Mastercard and Saxo Bank have announced a partnership to facilitate open banking payments into customer’s investment accounts.

/retail

APImetrics and Contxt set to merge

Financial API and security specialists, APImetrics and Contxt today announced that they have agreed to merge.

/payments

Natwest debuts payment links for open banking payments

NatWest's open banking payment platform Payit has introduced a new way for businesses to make a payment without needing the recipient's account details, by sending a secure, single-use payment link.

/regulation

CFPB takes aim at Apple over NFC chip access

The Consumer Financial Protection Bureau (CFPB) has fired a shot across Apple's bows over the tech giant's policy of restricting access to the NFC chip technology that enables iPhone users to make payments.

/payments

BNY Mellon launches open banking payments service

BNY Mellon has teamed up with Trustly to launch an open banking-based service that makes it practical for organisations to support consumer payments directly from bank accounts.

/payments

UK sees record month for open banking payments

Brits made 11.4 million open banking payments in July, a nine percent rise on the previous month.

/payments

Trustly acquires SlimPay

Swedish open banking and payments firm Trustly has acquired A2A-based recurrring payments platform SlimPay in a deal believed to be worth €70 million.

/payments

Indonesia and Singapore set to introduce QR code payments

The central banks of Singapore and Indonesia are planning to introduce the use of QR codes for cross-border payments between the two countries.

/payments

UK Government to explore the use of open banking payments

The UK Government is to explore the use of open banking driven digital payments for public services.

/regulation

Fed extends remit to cover 'novel' technology-driven risks

The US Federal Reserve is setting up a new supervisory unit to cover 'complex' technology partnerships between banks and non-banks, crypto activities, and the implementation of blockchain technologies.

/retail

Klarna ditches open banking brand

Buy now, pay later giant Klarna has killed off its open banking brand Klarna Kosma a little over a year after launch, although the business will continue to operate as before.

/payments

FedNow will be a ‘large accelerant’ for fintech - Plaid CEO

FedNow, the Federal Reserve’s new payments system that was launched last week, is predicted to bolster growth for the US fintech sector according to Plaid CEO Zach Perret.

/payments

CFIT launches ‘Open Finance Coalition’ and unveils founding members

The Centre for Finance, Innovation and Technology (CFIT) today unveils the founding members of its ‘Open Finance Coalition’ who will collaborate to show the power of financial data for better SME and consumer outcomes.

/retail

NatWest calls for step change in industry approach to open banking

A report commissioned by NatWest concludes that banks, fintechs and regulators need to work together to resolve key economic obstacles that are holding back wider adoption of open banking in the UK.

/payments

Canadians unfamiliar with open banking

As Canada works towards the creation of an open banking framework, a new survey suggests that boosting awareness needs to be top of the agenda for a public largely oblivious to the concept.