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

Industry heavyweights raise EUR45m for Italian challenger bank

A pair of veteran Italian banking executives has raised EUR45 million and taken the first steps to acquiring a license for a new digital bank for small businesses.

03 July 2020

Company update/startups

Startup SplitBill launches to settle group payments between friends

SplitBill, an innovative new app which allows users to effortlessly divide a bill or expense in a seamless and cashless way launches today, after a successful round of funding.

01 July 2020

News/regulation

Australia takes first steps towards Open Banking

Australian consumers can now choose to share their banking data with third party providers following the launch of Open Banking under the Consumer Data Right Act.

01 July 2020

News/payments

Bud launches open banking payments product

UK-based Bud has launched an open banking and PSD2 payment API designed to provide an alternative to card payments and bank transfers.

30 June 2020

News/payments

NatWest uses Open Banking for cardless e-commerce payments

NatWest has launched an open banking-based service that lets customers of multiple lenders make instant online payments to participating retailers, without the use of a debit or credit card.

25 June 2020

Research/Open banking

Charting a Core Transformation Roadmap to a Future Unknown

24 June 2020 979 downloads

News/retail

Mastercard to buy Finicity for open banking push

Mastercard is accelerating its open banking strategy through the $825 million acquisition of real-time financial data aggregation service Finicity.

23 June 2020

Research/Open banking

Instant Payments: Why Covid-19 is Bringing the Roadmap Forward

11 June 2020 639 downloads

News/retail

UniCredit embraces open banking with account aggregator

Italy's UniCredit has introduced an open banking feature that lets customers see all of their current accounts, including those held with other providers, via its online portal and mobile app.

04 June 2020

Company update/devops

KBC upgrades its developer portal

As of today, KBC is opening up a whole range of services to partners (companies) via its renewed Developer Portal.

04 June 2020

Company update/regulation

Plaid and 11:FS publish report on open finance

London, UK. 11:FS, the challenger firm defining and building truly digital financial services, and Plaid, the technology company powering digital apps and services millions of people rely on to manage their finances, have released a joint report on the transition from open banking toward open finance.

04 June 2020

News/retail

Tink gets second PayPal investment

Swedish Open Banking platform Tink is set to take full advantage of PSD2 after expanding its partnership with PayPal to include all countries in the European Economic Area. The US payments giant is also making a second strategic investment in Tink.

03 June 2020

News/devops

Latin American open banking startup Belvo raises $10m

Mexico City-based Belvo has raised $10 million from Founders Fund and Kaszek Ventures to grow its developer-first financial API platform across Latin America.

29 May 2020

News/retail

Brazil introduces open banking

Brazil is the latest country to embrace open banking, rolling out a new regulation enabling licensed institutions to share customer data.

20 May 2020

News/payments

Will SCA delays stall Request to Pay’s momentum?

Request to Pay (R2P) services originally scheduled to launch later this year have been expected to play a major part in transforming the UK and EU’s payments ecosystem.

14 May 2020

News/startups

Danish platform Billy looking to transform accounting at SMEs

Danish accounting platform Billy is harnessing Open Banking to get access to SMEs’ data from banks and transform the way they perform their accounting.

13 May 2020

News/retail

Covid-19 pushes back Canada's open banking review

Canada is putting the latest stage of its Open Banking review on ice because of the Covid-19 pandemic, according to reports.

07 May 2020

News/payments

Open Banking player LuxHub secures EUR7.4m from founder banks

Luxembourg-based open banking startup LuxHub has raised EUR7.4 million from its founder banks - Banque Raiffeisen, BGL BNP Paribas, Post Luxembourg, and Spuerkeess.

05 May 2020