Open banking

1204 articles tagged with this keyword

/payments

NextGen Nordics 2023 agenda announced

NextGen Nordics will return on 25th April 2023 to Stockholm, Sweden and the timing of this event could not be better placed.

/payments

Neonomics and Worldline sign long-term open banking partnership

Worldline, a global leader in payment services, and Neonomics have signed a commercial partnership to strengthen their open banking offerings across Europe.

/retail

Axway recognised for API management success

Axway (Euronext: AXW.PA), an API Management leader, today announced that it is positioned by Gartner as a Leader in the 2022 Magic Quadrant™ for Full Life Cycle API Management for its offering, Amplify API Management.1 The evaluation was based on specific criteria that analysed the company’s overall completeness of vision and ability to execute.

/retail

Frollo disables screen-scraping at 20 additional banks in favour of open banking

In a move that shows the growing maturity of Open Banking in Australia, Frollo has disabled screen scraping for 20 more banks in its free money management app and instead will rely on Open Banking data for those banks.

/crypto

Coinbase enables instant deposits with TrueLayer

Coinbase has tapped open banking technology from TrueLayer to deliver real-time instant deposits to UK users.

/people

Tink recruits JPMorgan payments expert Andrew Boyajian as VRP head

Tink has recruited Andrew Boyajian, former head of emerging payments and fintechs at JPMorgan, to lead its variable recurring payments unit in the UK.

/retail

Klarna launches open banking 'autopilot'

Klarna's open banking unit, Klarna Kosma, has unveiled an initiative to help startups develop Proofs of Concepts in the e-commerce, data analytics and fintech space.

/retail

Spare and Eazy Financial Services team on open banking in Bahrain

Spare, an open banking platform licensed by the Central Bank of Bahrain, has announced its partnership with Eazy Financial Services “EazyPay”, a leading Bahraini Payment Services Provider specializing in POS and online payment gateway acquiring solutions to embrace opportunities in Open Banking.

/retail

Salt Edge enters Saudi Arabia

Salt Edge, a global Open Banking pioneer, has announced its expansion to the Kingdom of Saudi Arabia, aiming to help banks and other financial institutions to bring innovative solutions to the market and contribute to the Kingdom’s efforts toward the digital rise of technologies via Open Banking.

/payments

Global Payments adopts open banking for pay-by-bank at the checkout

A recent consumer survey commissioned by Global Payments Inc. (NYSE: GPN) in partnership with YouGov found that both spending habits and expectations of payment experiences are shifting.

/people

Former TrueLayer ANZ CEO launches open finance consultancy

Brenton Charnley, the former CEO of TrueLayer's Australian and New Zealand operation, has resurfaced with a consultancy startup to help businesses take advantage of open finance.

/regulation

New Zealand Government kickstarts open banking

The New Zealand Government has instructed banks to begin sharing data with competitors under a new open banking framework.

/retail

Bank monetisation of APIs represents "billions-per-year" opportunity

Rather than viewing the development of APIs as a regulatory cost burden, banks should strive to realise the considerable monetisation opportunites afforded by the trend, according to a new report from the Mobey Forum's Open Banking Expert Group.

/payments

JP Morgan and Mastercard unveil Pay-by-Bank service

JP Morgan is teaming up with Mastercard on a service that uses open banking to let customers make payments using their bank account information instead of a card.

/wholesale

BankiFi forms data sharing partnership with MX

BankiFi, a leading provider of embedded banking solutions, has partnered with MX Technologies, Inc., a leader in open finance, to enable secure data sharing and account connectivity for businesses using BankiFi’s platform.

/people

CMA begins search for new chair of Open Banking entity as Crosswell steps down

Charlotte Crosswell is to step down from her role as chair and trustee of the UK's Open Banking Implementation Entity, kickstarting a reruitment process for a fresh face at the helm as the organisation transitions to a new entity, Open Banking Limited.

/retail

Saudi Arabia unveils open banking framework

Saudi Arabia's central bank has published an open banking framework, setting out legislation, regulatory guidelines and technical standards.

/regulation

Open Finance platform Fintech Galaxy scores Central Bank of Bahrain license

Fintech Galaxy, the industry-leading financial innovation company, has become the first central bank regulated Open Finance platform in the MENA region after receiving a license from the Central Bank of Bahrain (CBB), allowing the firm to operate as a regulated Third-Party Provider (TPP) and transform the way banks, financial institutions and merchants attract new customers.

/startups

Ethical lender Plend raises £40m

Plend, a UK "ethical lender" that is ditching the traditional credit system and is instead using open banking data for lending decisions, has raised £40 million in seed funding.

/retail

FDX reports 42 million accounts using its API for financial data sharing

The Financial Data Exchange (FDX) today reports that 42 million consumer accounts are now using its FDX API for open finance data sharing.