Open banking

1127 articles tagged with this keyword

/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.

/regulation

Study says UK risks losing leadeship position in open banking

A new report released has claimed that the UK, the first mover and, until now, seen as a global leader in Open Banking will lose that leadership position this year unless drastic action is taken.

/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.

/retail

Garanti BBVA customers can now view account activity from other banks on mobile app

Garanti BBVA customers are now able to use the Garanti BBVA mobile app and Internet Banking to access information from their accounts at other banks.

/startups

Open data platform Okredo enters UK market

Okredo, an open data platform that merges open data, open banking, and credit bureau functionalities, aims to give SMEs in the UK a competitive advantage by offering access to the most recent data about other UK businesses.

/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.

/wholesale

Neonomics and KapitalKontroll partner to streamline debt management through open banking

KapitalKontroll, an innovative Norwegian provider of debt management and collection services has partnered with Neonomics to launch a fully automated debt collection system that manages all payments through Neonomics open banking platform, enabling increased efficiency and security for its customers who include an extensive list of Norwegian municipalities and both small and large businesses across the country.

/retail

Australia’s Finsure to give mortgage brokers open banking access

Finsure has become the first Australian mortgage aggregator to turn on Open Banking access for its brokers.

/retail

Dutch money saving start-up iBilly taps Klarna Kosma for open banking

Klarna Kosma, Klarna's financial technology platform for banks, fintechs and innovative retailers, today announces that it has joined forces with iBilly, the Dutch personal finance app, to give its users a data-driven, one-stop overview of their finances.

/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.

/payments

Enfuce works with Orka Ventures to launch new card product across the Nordics

Pioneering issuer processing powerhouse, Enfuce, today announces a new partnership with Orka Ventures, the Nordic-Czech fintech holding company, to launch Orka Card, a new consumer lending card and mobile app that challenges the traditional understanding of ‘Buy Now Pay Later’ (BNPL) lending.

/identity

Vilja deploys open banking technology from Finshark

Vilja aims to be the best cloud-based core banking platform on the planet.

/payments

Japan's Smartpay adopts open banking to deliver direct-from-bank payments

Japan-based fintech Smartpay has launched Smartpay Bank Direct, the country’s first digital consumer finance service that allows customers to pay for online installment purchases straight from their bank accounts.

/retail

UAE-based open finance platform Fintech Galaxy expands into Egypt with takeover of Underlie

UAE-based Fintech Galaxy, the first Central Bank-regulated Open Finance platform in the Middle East, announced the acquisition of Underlie, an Egypt-based Open Banking platform offering APIs to banks and businesses.

/startups

Fintech startup for the self-employed Uome launches open banking and paid subscriptions

Uome the fintech platform that enables the self-employed community to run their businesses from their phones is excited to announce the launch of its new integrated Plaid open banking feature within the app available today (21 December 2022).

/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

Fiinu to deploy TransUnion open banking tech and credit reference data as backbone for overdrafts

Global information and insights company TransUnion is supporting Fiinu Bank to help enable its innovative overdraft solution, using TransUnion Open Banking capabilities and credit reference data.