1256 articles tagged with this keyword
News/sustainable
An investigation into the use of multiple wholesale CBDCs for cross-border payments and a DLT prototype for the distribution of tokenised green bonds to retail investors are among the projects on the agenda this year for the Bank for International Settlements Innovation Hub.
25 January 2021
News/devops
The UK banking industry had its hands full in 2020 as institutions had to respond to lockdowns and other restrictions on business activity designed to curb the spread of Covid-19. What effect did this have on the ongoing adoption of Open Banking? In Finextra’s annual review, we look at how Open Banking has grown, what still needs to improve and what will happen next.
13 January 2021
News/payments
As Andrew B. Morris from The Fintech Agenda, LLC highlights at CES 2021, the dark clouds of Covid-19 had a silver lining for the fintech industry. Unicorns Stripe and Plaid supported the global shift to a contactless economy, helping businesses deliver products and services to consumers who had collectively formed new daily habits for everything. Ginger Baker and Erika Wool explain what's next for the payments giants.
Research/Open banking
07 January 2021 559 downloads
17 December 2020 426 downloads
Company update/Open banking
Admiral Financial Services Limited (AFSL), part of FTSE 100 company Admiral Group, has selected challenger credit reference agency Credit Kudos to provide Open Banking data to initially help with income verification in a bid to support consumers across its personal loan products.
15 December 2020
News/retail
Societe Generale has acquired Reezocar, a French online platform for buying used cars. Financial terms were not disclosed.
14 December 2020 357 downloads
Company update/sustainable
Yayzy, a London-based startup, has launched an app to revolutionise people’s motivation and ability to help tackle humanity’s biggest threat by making their own environmental impact truly personal.
11 December 2020
Spain's Banco Sabadell is stepping up its use of Open Banking to enable business customers to make payments from its website using accounts held with other financial institutions.
10 December 2020
Company update/retail
AccountScore and Secure Trust Bank are delighted to announce a further development in their partnership.
09 December 2020
09 December 2020 1299 downloads
Company update/payments
Fabrick, the Open Banking platform and ecosystem, and Nets, a leading provider of payment solutions and Instant Payments processing, have come together to launch a strategic partnership for creating products, services and new ecosystem business opportunities in the Instant Payments space.
08 December 2020
Moneyhub, the market-leading Open Banking and Open Finance data, intelligence and payments platform, is the first TPP to connect to Citibank, the consumer division of financial services multinational Citigroup. In the UK,
News/people
Dr Ruth Wandhöfer has been appointed chair of the Payment Systems Regulator (PSR) panel amid the regulator’s increased relevance as a policy strategist between a diverse group of banks, payment service providers, fintech firms and consumer groups as a result of the coronavirus pandemic.
Singapore has launched a data exchange platform that lets people on the island consolidate their financial information held across different government agencies and banks.
The vast majority of banks (94%) believe that the Covid-19 pandemic has turned the payments market into a technology arms race for which they are unprepared.
07 December 2020
Codebase Technologies along with the Arab Monetary Fund (AMF) and the MENA Fintech Association (MFTA) have published a report on an “Open Banking Vision from the Arab World.”
News/startups
Updraft, a London-based startup promising to help users ditch their credit cards, has raised £16 million in equity and debt.
04 December 2020
Company update/devops
Global payments disruptor Payoneer is today announcing that it is partnering with open banking API provider TrueLayer to launch its open banking service for customers in the UK and Europe.
03 December 2020
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.