Open banking

1196 articles tagged with this keyword

/payments

Businesses measure the benefit of open banking payments

Business that use open banking for payments report an average annual saving of 150 hours usually spent on operational tasks such as processing invoices and financial data, recurring payments and processing refunds, new research from NatWest reveals.

/inclusion

Labour vows to make UK fintech leader

The UK's Labour party says it will deliver the next phase of Open Banking, become a standard setter for the use of AI, and embrace securities tokenisation and a digital pound if it wins the next election.

/payments

Volt and Bumper bring open banking to car dealerships

Real-time payments platform Volt has struck a deal with Bumper to bring open banking to car dealerships in the UK and Europe.

/Open banking

TrueLayer integrates product suite with Worldline Payments Orchestration

TrueLayer, Europe’s leading open banking payments network, today announces that its full suite of products will be offered through Worldline Payment Orchestration, Worldline’s provider agnostic orchestration platform for enterprise merchants.

/retail

Fintech Galaxy launches Open Banking compliance services in the UAE

Fintech Galaxy, a regional Open Banking and financial innovation firm, has announced the launch of its FINX Comply services in the United Arab Emirates, marking its full commitment to the country's digital financial sector.

/markets

Tiger Brokers signs up for TrueLayer's Signup+ product for customer onboarding

TrueLayer, Europe’s leading open banking payments network, today announced that online trading platform Tiger Brokers UK Ltd is now using TrueLayer’s Signup+ product to streamline customer onboarding and funding.

/retail

Ozone API and Clowd9 form strategic partnership

Ozone API and CLOWD9 are delighted to announce that they have entered into a global strategic partnership, combining CLOWD9’s industry leading payments processing platform with Ozone API’s world class open banking services creating a powerful synergy in the financial industry.

/retail

Moneyhub releases Fact-finder API ‘Recipe’ to unlock the potential of Open Finance

Moneyhub has launched its latest API ‘Recipe’, Fact-finder, unlocking the potential of Open Finance and empowering businesses to deliver more purposeful services and solutions to their customers.

/payments

Tink launches risk engine to unlock instant payments

Open banking platform Tink has launched a rules-based risk engine to protect merchants from fraud on instant payment rails.

/retail

Central 1 and Flinks to bring open banking to Canadian credit unions

Central 1 — a leading financial services provider to Canada’s credit unions and financial institutions — is pleased to announce a strategic partnership with Flinks, Canada’s leader in the open, consent-based exchange of financial data.

/wealth

Plannix and Salt Edge collaborate to optimise personal finance through open banking

Plannix, a personal finance hub that helps with wealth tracking, portfolio management, and financial planning, teams up with Salt Edge, a leader in offering open banking solutions, to enable users from Italy and beyond to connect and view all their bank accounts in one place instantly.

/retail

Moneyhub first to add Co-op Bank, Smile Bank and Kroo Bank open banking connections

Moneyhub, the market-leading data and payments platform, has today announced it has become the first third-party provider (TPP) to connect to Co-op Bank, Smile Bank and Kroo Bank.

/retail

Ozone API raises £8.5m to go global

London-based open banking fintech Ozone API has raised £8.5 million in a Series A funding round led by Gresham House Ventures.

/payments

Accept Cards becomes employee owned

Leading payments broker Accept Cards - which works with more than 260 accountancy and financial services firms in the UK - has become employee owned, with all the shares transferring to an Employee Ownership Trust (EOT).

/startups

Davos 2024: AI most relevant for fintech development until 2029

Bryan Zhang, executive director and co-founder of the Cambridge Centre for Alternative Finance at The University of Cambridge Judge Business School presented research on the future of global fintech, conducted in conjunction with the World Economic Forum.

/Open banking

Níamh Curran Senior Reporter at Finextra

What is the SEPA Payment Account Access Scheme?

/cloud

Building the digital banks of the future

Carlton Hopper, UK Managing Director of GFT, and Sam Everington, CEO of Engine by Starling, review the impact of new banking platforms and implementation strategies for successful bank modernisation. They discuss GFT and Engine by Starling's collaboration that utilises cloud-native, modular, and API-based technologies to empower clients worldwide to deliver next generation digital banking.

/payments

TrueLayer first to participate in SEPA Payment Account Access Scheme

Open banking payments company TrueLayer was authorised to be the first to take part in the SEPA Payment Account Access Scheme (SPAA).

/payments

Trustly completes SlimPay merger

Trustly, a pioneer in open banking solutions, announces the successful completion of its acquisition of SlimPay, a leader in the European recurring payments sector. Following the initial statement on August 29, 2023, and subsequent receipt of regulatory approvals from the French banking supervision authority, ACPR, this strategic move marks a major step towards redefining the recurring payment landscape in Europe.

/retail

PortX connects with Plaid

PortX, the leading financial infrastructure and integration technology company that provides open access to data and drives innovation for financial institutions with its Integration-Platform-as-a-Service (IPaaS), announced a strategic partnership with Plaid, the data network powering the digital financial ecosystem.