Latest Open banking News: Finextra Research

Company update/markets

TrueLayer signs CMC Markets

TrueLayer, Europe’s leading open banking platform, today announces its collaboration with CMC Markets, one of the world’s leading online financial trading businesses.

07 June 2022

News/payments

Revolut partners Tink for European payments

Revolut is using payment initiation services (PIS) technology from open banking player Tink to let users across Europe seamlessly move money into their account.

07 June 2022

Company update/payments

With Aiia’s new payment feature, Pay by link, it’s easier than ever to offer seamless payments for businesses and consumers in whatever fashion the payer prefers – whether that’s by email, pdf, sms, letter or even in a social media chat.

06 June 2022

Company update/payments

OpenPayd and Yapily combine embedded finance and open banking

Global payments and banking-as-a-service (BaaS) platform OpenPayd and open banking platform Yapily have today announced a partnership to deliver innovative payments solutions for businesses in the UK and across Europe.

06 June 2022

Company update/payments

Thunes integrates with TrueLayer for open banking payments

TrueLayer, Europe’s leading open banking platform, and Thunes, a Singapore-based fintech company and a leader in global cross-border payments, today announced their partnership to streamline and improve the payment experience of consumers in the UK and Europe.

01 June 2022

Company update/identity

Mollie to provide faster onboarding for merchant customers with Plaid integration

Mollie, one of the fastest growing payment service providers in Europe, today announced its new strategic partnership with Plaid, an open banking network and payments platform that powers digital finance, to provide improved merchant and customer experiences for financial services, including onboarding and payments.

01 June 2022

News/payments

EBAday 2022: Cloud is a core pillar of payments, but it’s not magic

Kicking off an afternoon of sessions at EBAday 2022 in Vienna on how technology can take payments to the next level, Patricia Hines, head of corporate banking research, Celent moderated a panel with Patrice Amann, regional business lead – EMEA financial services, Microsoft; Philipp Höfer, group product owner cash management, Raiffeisen Bank International; Jon Lloyd, head of customer success for Europe, Form3; and Steve Wright, principal commercial consultant, Lusis Payments and Consultant, Hewlett Packard Enterprise.

31 May 2022

Company update/wholesale

October to utilise Yolt open banking data in its credit assessment process for SME lending

Yolt, Europe’s leading independent and data driven open banking provider, announces today a collaboration with October, Europe’s leading SME lending platform.

31 May 2022

News/payments

EBAday 2022: 71% believe the future of payments is yet to come

After two years as a virtual conference, EBAday 2022 is back in person for its seventeenth year in Vienna, Austria. The EBA and Finextra Research welcomed a host of board directors, chief executive officers, and payments and technology heads from Europe's leading banks, as well as selected fintechs to the conference.

31 May 2022

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