Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

News/payments

Trustly acquires UK open banking vendor Ecospend

Swedish account-to-account payments platform Trustly has acquired UK open banking vendor Ecospend.

30 May 2022

Research/Open bankingSurvey

Payments Modernisation: The Big Survey 2022

30 May 2022 895 downloads

Company update/regulation

CMA publishes findings of ‘Lessons Learned’ review into open banking

The Competition and Markets Authority (CMA) has today published the findings and recommendations of a review by Kirstin Baker, one of its independent non-executive Directors, to identify lessons from Open Banking for the CMA’s approach to designing, implementing and monitoring remedies in its market investigations.

27 May 2022

News/payments

NatWest pioneers UK’s first ‘non-sweeping’ VRPs

Making Variable Recurring Payments (VRPs) available to businesses and consumers for ‘non-sweeping’ customer payments, NatWest has become the industry’s first firm to go beyond the requirement to offer VRPs for account sweeping.

27 May 2022

Company update/payments

Lenders taps into Nordigen’s open banking network for loan comparison

Lenders has tapped into Nordigen’s open banking network to further streamline their industry leading loan comparison services.

27 May 2022

Research/Open banking

The Future of Payments 2022

27 May 2022 1741 downloads

Company update/wholesale

Penny utilises CRIF Credit Passport for invoice financing

More UK small and medium-sized businesses (SMEs) will be able to get their invoices paid instantly, better manage their cashflow and improve their overall creditworthiness.

26 May 2022

Company update/people

Adatree appoints Sarah Day as head of alliances and partners success

Australia’s first accredited and active intermediary of the Consumer Data Right (CDR) and multi-award-winning fintech company Adatree has appointed senior sales and strategic fintech business leader Sarah Day to the newly created role of Head of Alliances and Partner Success.

26 May 2022

Company update/crypto

Coingrig taps Nordigen to directly connect users’ bank accounts to their digital wallet

Coingrig has integrated Nordigen’s open banking platform to increase the ease of bank connectivity to their digital wallet.

25 May 2022

Company update/retail

Salt Edge integrates with Thought Machine's Vault Core

Thought Machine, the cloud-native banking technology company, and Salt Edge, leader in providing open banking solutions, joined efforts to offer open banking SaaS solutions that, pre-integrated with Thought Machine’s core banking engine, Vault Core, help banks tackle open banking at 360 degrees: enabling them to comply with any open banking regulation in the world.

25 May 2022

Finextra TV/regulation

Supporting the growth of PSD2 & Open Banking for the future

In the lead-up to EBAday 2022, Alessandro Baroni, Chief Business Divisions Officer & Deputy CEO at Worldline Financial Services, speaks about the opportunities and challenges that remain around PSD2 and Open Banking, what developments we can expect from this space, and the significance of the partnership between Unicredit and Worldline for Open Banking Services.

25 May 2022

Company update/retail

EML open banking business Nuapay extends reach to 20 new countries

Nuapay (EML Payments Limited's (ASX: EML) Open Banking business), is now connected to banks in another 20 countries in Europe, becoming one of the first open banking operators to provide complete connectivity across the Eurozone and expand into Eastern Europe and non-Euro Nordics.

24 May 2022

Company update/security

Jeton selects Konsentus Verify to secure open banking

The EMI Jeton, whose services are available in over 100 countries across the world, and who also have their representative office in the UK and hold an FCA license, has chosen Konsentus Verify to protect its customers from unauthorised third parties gaining access to valuable account data and funds.

23 May 2022

Company update/payments

Check-it chooses Nordigen as open banking provider for bank aggregation

Check-it has partnered with freemium platform Nordigen to facilitate direct connection to bank accounts for their clientbase.

19 May 2022

News/payments

The Credit Thing delivers first live consumer VRP transaction in the UK

Thin file lender The Credit Thing is claiming the first live consumer Variable Recurring Payments (VRP) transactions in the UK.

19 May 2022

Company update/identity

Plaid debuts identity verification monitor

Plaid helps your customers connect their financial accounts so that they can access digital financial services easily and seamlessly.

18 May 2022

Company update/wholesale

Circit raises €6.5 million to pioneer open banking for auditors

Circit, the audit confirmations and Open Banking platform, today announced it has completed a €6.5M Series A funding round.

18 May 2022

Company update/payments

Volt releases product that encourages shoppers to switch to open banking payments at the checkout

Open banking leader Volt has launched a new product aimed at helping merchants save on excessive debit card (interchange) fees by encouraging shoppers to seamlessly switch to an open banking payment AFTER choosing to pay with a debit card at the checkout.

18 May 2022

News/payments

GoCardless wins first VRP customer

GoCardless has snagged its first Variable Recurring Payment customer, Nude, the savings app for first-time buyers.

17 May 2022

News/payments

Open banking payments firm Token seals $40 million raise

Token, an open banking platform driving the shift from card to account-to-account bank payments in Europe, has raised $40 million in a Series C funding round co-led by Cota Capital and TempoCap.

13 May 2022