Open banking

1127 articles tagged with this keyword

/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.

/crypto

Tell.money delivers open banking service to crypto banking platform, Colossos

Market-leading open banking solutions provider tell.money supports crypto banking platform, Colossos in expanding open banking capabilities to their customers by powering their PSD2 dedicated interface.

/retail

NextGen appluads Australian Government discussion paper on screen scraping ban

NextGen, Australia's premier technology solution provider to the lending industry, has welcomed the recent release of the Albanese Government's discussion paper proposing a potential ban on screen scraping in financial services.

/payments

Yapily plugs into Ntropy data enrichment API

Ntropy, the industry-leading AI powered financial data standardization and enrichment solution, is excited to announce a strategic partnership with Yapily, the leading open banking API infrastructure provider, to enrich and improve financial information and transaction data for customers across the UK and Europe.

/payments

Acquired.com launches hosted checkout to support growth of open banking payments

Acquired.com, the UK payments specialist and payment initiation service provider, has launched an all-in-one Hosted Checkout solution to equip merchants with the ability to offer all major payment methods, including Open Banking payments, via a single integration.

/Open banking

BlinkPay brings open banking payments to New Zealand

In a significant development that promises to revolutionise the way merchants and consumers interact financially, BlinkPay is excited to be partnering with banks to bring open banking to New Zealand.

/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.

/wealth

Moneysoft turns on open banking for Australian financial advisers and superannuation funds

In a win for the Australian financial advice industry, Sydney-based financial software company Moneysoft has turned on open banking data feeds for its industry-leading client engagement software that is used by more than 250 financial advisers, mortgage brokers and money coaches across Australia.

/people

TrueLayer names Michael Brown head of ecommerce

TrueLayer, Europe’s largest open banking payments network, has appointed Michael Brown as Head of Ecommerce to lead the company’s push into the vertical as more firms look to adopt open banking payments.

/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.

/Open banking

POS player Lopay signs with TrueLayer for instant settlement

TrueLayer, Europe’s leading open banking payments network, today announces that Lopay, the UK’s highest-rated point-of-sale (POS) solution, now offers its real-time settlement solution to its 20,000 businesses.

/payments

Petal scores $200 debt facility

Credit card and financial technology company Petal announced today that it has closed a committed $200 million debt facility from Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit.

/payments

CMC Markets rolls out TrueLayer payments in the UK and Europe

TrueLayer, Europe’s leading open banking platform, today announces that global trading platform CMC Markets is live using its closed-loop payments product.

/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.

/wealth

InvestEngine switches on variable recurring payments with TrueLayer

Exchange-traded funds (ETF) investment platform, InvestEngine, and leading open banking payments network, TrueLayer, have today announced a new partnership to utilise variable recurring payments (VRPs) in ETF investing.

/payments

TrueLayer launches Payment Links for A2A payments via open banking

Today, TrueLayer, Europe’s largest open banking payments network, launches payment links, a new feature that enables businesses to offer instant payments, powered by open banking, directly from an email, text message or a QR code.