Latest Open banking News: Finextra Research

Revolut to roll out 'responsible' BNPL product across Europe

Revolut will roll out its "responsible instalments payment product" - dubbed Pay Later - in Europe, starting with a select group of customers in Ireland this week.

24 June 2022

News/regulation

EBA calls for PSD2 and E-Money Directive to be merged

PSD2 should be merged with the Electronic Money Directive, says the European Banking Authority (EBA) in response to the EC's call for feedback on the directive.

23 June 2022

Company update/identity

Volt launches 'ultrafast' account ownership authentication in European markets

Open banking pioneer Volt, a UK-based, leading fintech company powering the growth of real-time payments in UK and Europe, is launching Verify, an ultrafast bank account authentication service for online merchants and businesses.

23 June 2022

Company update/payments

Blink taps Opaay for open banking payments

The everything payments platform, Blink has partnered with Open Banking solution, Opaay, to provide its users with an efficient, secure, and more cost-effective way for processing payments.

22 June 2022

Company update/payments

Qatar National Bank launches open banking suite

QNB, the largest financial institution in the Middle East and Africa, announces its launch of Open Banking platform for a wider audience including the Bank’s customers, partners and emerging FinTechs in Qatar.

21 June 2022

Company update/payments

GoCardless brings open banking products to germany

GoCardless, a leading fintech in direct bank payment solutions, has today launched two open banking features in Germany through the introduction of Instant Bank Pay and Verified Mandates.

21 June 2022

News/payments

Stripe unveils global infrastructure for bank transfers

Stripe is making its bank transfer offering available to businesses in the UK, EU and Mexico.

20 June 2022

Company update/retail

RBC connects with Plaid

During a time when Canadians' appetite for digital services continues to increase, RBC and Plaid are pleased to announce a new data access agreement that will empower RBC clients with the option to share their financial data securely via a direct application programming interface (API) with the thousands of apps and services of their choice on the Plaid data network.

20 June 2022

Company update/payments

Tell.money integrates with Toqio to meet PSD2 rules

Tell.money, the fintech solution that delivers innovative and rapidly deployable open banking services for banks and other account providers, has partnered with Toqio, the fintech SaaS platform that enables organizations to build and launch fintech propositions.

20 June 2022

Company update/security

Enfuce selects Konsentus Verify for open banking

Enfuce, one of the fastest growing fintechs in Europe, has chosen Konsentus Verify to protect its customers from unauthorised or fraudulent third parties gaining access to valuable account data and funds.

20 June 2022

Company update/retail

Aviva to implement open banking dashboard for pension clients with Bud

It’s great to be able to say that following a rigorous selection process, we’ve been chosen by Aviva to provide the tech behind their new Open Banking dashboard.

16 June 2022

News/regulation

UK removes AISPs from AML regulation

The UK government has decided to remove account information service providers (AISPs) from anti-money laundering regulation.

16 June 2022

News/startups

Mastercard launches Open Banking Start Path programme

Mastercard is expanding its Start Path startup programme with the introduction of a scheme focused on open banking.

15 June 2022

Company update/retail

RBC inks data access deal with Envestnet | Yodlee

RBC is pleased to announce a data access agreement with Envestnet | Yodlee, a leading data aggregation and analytics platform, to address the needs of an increasingly digital customer base.

14 June 2022

Company update/wholesale

HES FinTech joins forces with Nordigen to simplify open banking adoption in Europe

HES FinTech has partnered with Nordigen to provide seamless and integrated end-to-end digital lending solutions with multiple financial providers to rejuvenate the existing European financial ecosystem.

14 June 2022

News/people

Yapily appoints Payoneer's Noam Oren as CTO

Open banking vendor Yapily has appointed seasoned tech industry veteran Noam Oren from Payoneer as chief technology officer.

14 June 2022

News/regulation

US Senator requests FSOC review into risks of consumer data use

US Senator and Democratic chair of the Senate Banking Committee this week requested that the Financial Stability Oversight Council (FSOC) examine financial institutions’ use of consumer data, and the risks they pose to US financial stability.

10 June 2022

Company update/retail

Paylink selects Equifax as Open Banking partner

Equifax, one of the UK’s big three credit reference agencies, is today unveiling a new partnership with fintech Paylink Solutions to automate its digital affordability solution using Open Banking data and APIs.

10 June 2022

News/payments

Curve looks to VRP to bring down costs and improve services for customers

All-in-one card and financial app Curve has tapped TrueLayer to deliver automated variable recurring payments for customers.

08 June 2022

News/payments

Money 20/20 EU: Which comes first, tech or banking?

“Innovation is happening in the value add”, stated Charlotte Hogg, CEO of Europe Visa, during the opening session of Money 20/20 alongside Daniel Kjellén CEO and co-founder Tink and Karen Tso anchor CNBC.

08 June 2022