Open banking

450 articles tagged with this keyword

/crypto

UAE to build CBDC and card scheme

The United Arab Emirates is planning to launch a CBDC and domestic card scheme as part of a wide-ranging financial infrastructure transformation programme.

/retail

Canadian SMEs keen on open banking

As Canada prepares an open banking regime, the country's small businesses are ready to seize the opportunity, according to a Mastercard survey.

/regulation

FinTech Australia says ING systems upgrade may breach open banking rules

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.

/payments

NextGen Nordics 2023: Back and better than ever

Finextra will be back in Stockholm to bring the new world of Nordic banking to life for the NextGen Nordics 2023 conference on the 25th of April.

/retail

Zopa Bank raises £75 million to boost growth

Zopa Bank has received £75 million in funding to support its next phase of growth in the UK.

/payments

Brazil celebrates 2 years of open finance

Today marks two years since Brazil launched its Open Finance Initiative. Open banking in Brazil has blossomed thanks to the initiative, forging a new governance structure and financial system for financial institutions in the nation.

/people

Crosswell hands in Open Banking report

As she signs off as trustee of the Open Banking Implementation Entity, Charlotte Crosswell has hit out at the lack of long-term vision to move beyond the current environment to a "Smart Data" economy.

/startups

Unbanx app enables consumers to realise the value of their banking data

Irish fintech Unbanx has launched an open banking tool that enables consumers to share their transactional data with popular brands in return for points-based rewards.

/retail

Judo Bank: Redefining the challenger bank

Judo Bank, an Australian-based challenger founded in 2016 is dedicated to providing support and capital to SMEs by turning traditional banking on its head.

/people

Marion King takes over chair at Open Banking Implementation Entity

The former president of Mastercard UK and ireland, Marion King, has been appointed to suceed Charlotte Crosswell as chair and trustee of the Open Banking Implementation Entity.

/startups

Rent-to-own startup Keyzy raises £3 million

Keyzy, a UK-based rent-to-own startup for key workers, has raised £3 million in a seed funding round.

/regulation

HSBC gets warning for open banking failures

HSBC has once again fallen foul of the UK's Competition and Markets Authority (CMA) for publishing inaccurate information through its Open Data APIs.

/devops

CMA announces completion of open banking roadmap

The Competition and Markets Authority (CMA) has announced the completion of the open banking roadmap on the fifth anniversary of PSD2, which mandated open banking as a regulatory requirement in the UK.

/retail

ClearScore launches Open Banking-based B2B unit

Credit scoring service and marketplace ClearScore has launched a business-to-business unit to help UK lenders tap into Open Bnking data for lending decisions.

/retail

Fintechs call for clarity over open banking reforms

A group of fintechs including Monzo, Wise and Moneyhub have signed an open letter calling for urgent clarity on the future of open banking in the UK.

/retail

Standard Life parent invests £15m in Moneyhub

UK open finance and data platform Moneyhub has topped up a previously announced funding round with a £15 million investment from savings and retirement business Phoenix Group.

/retail

UK updates on new Open Banking entity

UK authorities have published an update on plans for a successor to the Open Banking Implementation Entity (OBIE).

/people

Plaid to let go of 260 employees

Open banking platform Plaid is to lay off 20% of its workforce in response to the turbulent economic environment.

/retail

Global FS sector finds appetite for open finance

There is a growing appetite for the next evolutionary step in open banking - open finance - within the global FS sector, with nearly half of senior professionals considering it a "must have" in the context of data sharing.

/sustainable

Sustainable Finance Live: Is sustainable finance sustainable?

Sustainable Finance Live kicked off Tuesday morning in a hybrid format, in-person and online, where leaders discussed the problem statements and solutions that are defining the sustainable finance industry today.