Open banking

1196 articles tagged with this keyword

/retail

UK open banking sector faces sink or swim moment

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".

/payments

Japanese VCs join €3 million growth round in Sweden's Open 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.

/payments

NextGen Nordics 2023: Speakers announced!

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.

/payments

Plend chooses GoCardless for Variable Recurring Payments

Ethical lender Plend has selected GoCardless, a global leader in direct bank payments, to provide Variable Recurring Payments (VRPs) through GoCardless’ Instant Bank Pay feature.

/payments

Payer launches open banking payments for B2B

Payer, the Swedish fintech scaleup that specialises in European B2B payments, today announces its launch of open banking payments for B2B in Sweden.

/startups

Smart money app Snoop explores sale - Sky

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.

/retail

ConTe.it Prestiti gets instant income verification with Tink

ConTe.it Prestiti, a new venture in the credit sector of Admiral Group Italy, has partnered with Tink, Europe’s leading open banking platform, to offer customers in ConTe.it Prestiti’s network an improved and instant lending application process.

/payments

Perx signs with Neonomics for open banking payments

PERX, an innovative Norwegian P2P crowdlending platform, has partnered with Neonomics. Through this partnership, PERX will be able to enable open banking payments on their platform through Neonomics’ open banking Checkout solution, to increase efficiency and security in its payments.

/startups

UK startup Archie launches open banking platform

Archie, a next generation payments and data platform, today launches with a promise to support the UK’s businesses, including underserved small and medium-sized enterprises (SMEs), whilst educating consumers on the vast potential of Open Banking.

/retail

Ukrainian Processing Center to develop open banking services with Tietoevry

Ukrainian Processing Center (UPC) and leading software and services company Tietoevry Banking announced a partnership to develop open banking services in Ukraine.

/wholesale

Iwoca and Crif join forces for SME lending

More UK small and medium-sized businesses (SMEs) will be able to get instant decisions on lending applications, helping to ease pressure of the cost of living crisis and boost economic recovery.

/people

Yapily hires Lisa Gutu as VP of European sales

Open banking platform Yapily has appointed Lisa Gutu as Vice President of Sales in Europe, where she will play a key role in accelerating Yapily’s strategic growth plans in the region.

/crime

Noda chooses ThetaRay to monitor open banking services

Noda, an open banking fintech, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to enhance payment monitoring and compliance capabilities on Noda’s growing platform that is supporting the new digital economy in Europe.

/regulation

Open finance prioritised in UK’s new Data Protection and Innovation Bill

The UK’s Department for Science, Innovation, and Technology has proposed a revised version of the Data Protection and Digital Innovation Bill.

/payments

Nigeria's central bank releases PSD2-style open banking legislation

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.

/startups

BaaS platform Synctera makes Canadian play

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.

/identity

LSEG signs for Mastercard Open Banking tech

London Stock Exchange Group-owned Giact has enlisted Mastercard's Open Banking capabilities to provide a secure account verification offering for its customers.

/payments

Weavr acquires Comma to combine embedded and open banking

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.

/cloud

Starling on scalability and being cut from the 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.

/retail

Innovate Finance and BCG publish new report on open finance

Innovate Finance, the industry body representing UK FinTech, in partnership with professional services firm BCG, has released a new report with key recommendations for the UK to unlock the full potential of Open Finance.