Open banking

445 articles tagged with this keyword

/people

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.

/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.

/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.

/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.

/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.

/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.

/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.

/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.

/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.

/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.

/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.

/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.

/retail

Brazil introduces open banking

Brazil is the latest country to embrace open banking, rolling out a new regulation enabling licensed institutions to share customer data.

/payments

Will SCA delays stall Request to Pay’s momentum?

Request to Pay (R2P) services originally scheduled to launch later this year have been expected to play a major part in transforming the UK and EU’s payments ecosystem.

/startups

Danish platform Billy looking to transform accounting at SMEs

Danish accounting platform Billy is harnessing Open Banking to get access to SMEs’ data from banks and transform the way they perform their accounting.

/retail

Covid-19 pushes back Canada's open banking review

Canada is putting the latest stage of its Open Banking review on ice because of the Covid-19 pandemic, according to reports.

/payments

Open Banking player LuxHub secures EUR7.4m from founder banks

Luxembourg-based open banking startup LuxHub has raised EUR7.4 million from its founder banks - Banque Raiffeisen, BGL BNP Paribas, Post Luxembourg, and Spuerkeess.

/identity

Digital ID player ForgeRock raises $93.5m

Digital identity outfit ForgeRock has raised $93.5 million in a Series E funding round led by Riverwood Capital.

/startups

Visa invests in Railsbank

London-based open banking and regtech platform Railsbank has topped up its Series A funding round with investments from Visa and Japanese VC Global Brain.

/payments

Crif acquires PFM firm Strands

Italian credit bureau and outsourcing company Crif has acquired personal financial management outfit Strands for an undisclosed sum.