467 articles tagged with this keyword
News/retail
UK businesses are adopting open banking products at a higher rate than consumers, with accounting software driving take-up, data from Open Banking Limited (OBL) shows.
30 March 2023
UK-based open banking fintech Bud has hired a leadership team to spearhead its entry into the US market.
The UK's open banking sector has created 4800 jobs and is valued at £4.1 billion, according to research conducted by the Coalition for a Digital Economy (Coadec), which nonetheless cautions that industry is at a "vital crossroads".
29 March 2023
News/payments
Swedish fintech Open Payments has closed a €3 million growth round led by Industrifonden with support from Japan's Sony Financial Ventures and Global Brain and existing investors.
NextGen Nordics will return to Stockholm on 25 April 2023, and we will be welcoming a range of speakers who will discuss topics such as P27, cross border payments, open banking, BNPL, CBDCs, digital assets and Web 3.0.
27 March 2023
News/startups
Snoop, the money-saving app founded by former Virgin Money boss Jayne-Anne Gadhia, has called in bankers to explore a possible sale, according to Sky News.
22 March 2023
The Central Bank of Nigeria (CBN) has approved operational guidelines on open banking this week, becoming the first country in the African region to adopt open banking regulations.
10 March 2023
News/regulation
The UK’s Department for Science, Innovation, and Technology has proposed a revised version of the Data Protection and Digital Innovation Bill.
American Banking-as-a-Service player Synctera has raised $15 million and made a move north of the border through a partnership with National Bank of Canada.
09 March 2023
News/identity
London Stock Exchange Group-owned Giact has enlisted Mastercard's Open Banking capabilities to provide a secure account verification offering for its customers.
08 March 2023
Weavr, the London-based startup that allows businesses to embed banking and payments into their mobile app or SaaS platforms, has acquired B2B Open Banking platform, Comma Payments.
07 March 2023
News/cloud
Finextra spoke with Starling Bank to understand how being ‘born in the cloud’ allows them to accelerate development and scale-up at a fast pace.
Fintech industry body Innovate Finance has called on regulators to extend open banking to support the deployment of budgeting and affordability algorithms as a way to help Brits with the cost-of-living crisis.
03 March 2023
Australia should consider a purpose-built open banking implementation entity modelled on the UK's OBIE to ensure effective collaboration between the industry and regulators, according to a white paper from NatWest and NAB.
24 February 2023
UK-based credit scoring and risk decisioning platform DirectID has secured a €9 million investment from Ikea venture arm Ingka Investments.
22 February 2023
The number of consumers and SMEs actively using open banking powered services in the UK has reached seven million for the first time.
21 February 2023
Cross-border payments firm, Payoneer, has gained its Electronic Money License (EMI) with approval from the Financial Conduct Authority (FCA).
17 February 2023
News/crypto
The United Arab Emirates is planning to launch a CBDC and domestic card scheme as part of a wide-ranging financial infrastructure transformation programme.
14 February 2023
As Canada prepares an open banking regime, the country's small businesses are ready to seize the opportunity, according to a Mastercard survey.
13 February 2023
Fintech Australia and the Financial Data and Technology Association (FDATA) are calling on Australia's competition watchdog to intervene in ING Bank's planned upgrade to an Open Banking-related system.
08 February 2023
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