Open banking

1152 articles tagged with this keyword

/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.

/wholesale

9Spokes rolls out Banking Tracker for SME market

Fintech SaaS company 9Spokes’ online banking gamechanger - Banking Tracker - has gone live with its banking clients.

/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).

/payments

Secure Trust Bank partners Mastercard for open banking payments

Secure Trust Bank has partnered with Mastercard to offer customers more choice and convenience through open banking to repay retail finance.

/startups

Updraft raises £108m in debt and equity

Financial habit forming platform, Updraft, announces today its latest investment round, raising another £108 million in equity and debt to power its ambitious growth strategy and deliver savings to its fast-growing user base of 300k members.

/startups

Currensea joins Mastercard Start Path open banking programme

Debit as a service platform, Currensea, has been selected for the Mastercard Start Path Open Banking program, an award-winning, global start-up engagement program.

/payments

SoftPOS vendor Phos readies for open banking payments

Phos, the global leader in software point of sale (SoftPoS) orchestration for businesses, has announced the addition of Open Banking as a payment option to its software-only payment acceptance solution.

/payments

Paysend enters open banking payment initiation partnership with Plaid

Paysend, the UK-based fintech with 6 million customers, today announces the launch of a new Open Banking Payment Initiation partnership with Plaid, an open banking network that powers digital finance.

/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.

/payments

Cashplus launches business credit card for SMEs

Today, Cashplus Bank, the leading digital SME bank, has announced the launch of next-generation credit card functionality for small businesses and sole traders.

/payments

Neonomics supports Unicef Norway by launching holiday donation campaign powered by open banking

Leading Nordic open banking provider, Neonomics, has decided to support UNICEF Norway to make donating this holiday period easier and more secure by harnessing the power of open banking payments.

/retail

The Open Finance Paradox

Chris Allen, Head of Retail Banking, Banking & Financial Services Consulting, Cognizant joins FinextraTV to discuss the recent research surrounding the value of Open Finance and whether it is being fully realised. Looking at current paradoxes found within existing policies, Chris offers practical recommendations for incorporating Open Finance into Financial Institutions’ strategies, with what potential benefits can be found, the trigger points to accelerate growth and the steps that can be taken to stay ahead.

/retail

Yapily and Certua team up to simplify life insurance with open banking

Open banking provider Yapily has teamed up with embedded insurance platform Certua to make it easier, quicker, and cheaper for people to apply for and manage their life insurance cover in the UK.

/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.

/payments

Transferlink connects with Nordigen for open banking

Payment tracking tool Transferlink has partnered with Nordigen to access their open banking services.