Open APIs

821 articles tagged with this keyword

/people

Tink appoints former AWS sales lead as chief revenue officer

Open Banking platform Tink has appointed the former financial services lead for Amazon Web Services, Rowan Taylor, as chief revenue officer.

/regulation

White House encourages CFPB to roll out bank data sharing rules

President Joe Biden is encouraging the Consumer Financial Protection Bureau (CFPB) to issue rules allowing customers to download their banking data and take it with them.

/startups

Embedded finance startup Weavr raises £7m

Weavr, a London-based startup that allows businesses to embed banking and payments into their mobile app or SaaS platforms, has closed a £7 million seed funding round.

/payments

P27 Nordic Payments secures merger approval from EU Commission

The European Commission today announced merger approval for the P27 Nordic Payments initiative to establish its pan-Nordic payments platform. This approval marks a significant milestone for the initiative which is working toward the creation of a common payments infrastructure across the Nordic region.

/retail

Comparing progressive vs traditional banks’ digital progress post Covid-19

Providing a view into the status of financial institutions digital transformation across the US, banking consultancy CCG’s recent survey ‘The Banking Battleground: Views From the C-Suite’ considers the attitudes and capabilities of banks toward digital in a post-pandemic world.

/retail

Direct Line founder backs Moneyhub

UK Open Finance platform Moneyhub has raised $18 million in a funding round led by the founder of Direct Line and Esure, Sir Peter Wood.

/payments

EBAday 2021: Payments innovation and the benefits cascading down the waterfall model

EBAday 2021 has flown by, and the sessions throughout day three of the event served to build on the momentum from day one and two. Another punchy strategic roundtable addressed the need for industry-wide collaboration to drive payments innovation, while two boisterous chatrooms tackled the weighty subjects of Open Banking, CBDCs and stablecoins.

/payments

EBAday 2021: Modernisation, a catalyst for payments utopia

With day two now under our belt, we are only just beginning to digest the eyewatering number of insights shared across six panel sessions, two roundtables, a lively chatroom forum and of course, non-stop networking on the EBAday platform.

/payments

EBAday 2021: Payments transformation and the road to success

Finextra Research and the Euro Banking Association today welcomed the global banking community to EBAday 2021. Running from 28-30 June, the virtual conference is being led by some of the most influential leaders and practitioners in the financial services sector, and dives into the current and future trends of the European and international payments landscape – as well as the latest developments across digital banking, liquidity management, open banking, real-time payments, and more.

/startups

Mastercard invests in card tech startup Deserve

Deserve, a provider of bespoke white label mobile-centric API and SDK-based credit card technology, has raised $50 million in a Series D funding round joint-led by Mastercard.

/retail

Visa to acquire Tink for €1.8 billion

Visa is to acquire European Open Banking platform Tink for €1.8 billion, filling a Plaid-shaped hole in its portfolio after a $5.4 billion deal to acquire the US data sharing outfit was scapped following pushback from regulators.

/retail

Wells Fargo introduces API-based third party data sharing with Akoya

Wells Fargo is the latest big name US bank to join the Akoya Data Access Network, enabling fintechs and data aggregators to request API-based access to customer data.

/payments

EBAday 2021: The next chapter for Open Banking in Europe

With the payments industry in a state of post-pandemic flux, it is difficult to predict what the next iteration of Open Banking will take across Europe.

/startups

Open payments firm Volt raises $23.5m

London-based open payments gateway Volt has raised $23.5 million in a Series A funding round led by EQT Ventures.

/payments

UK and Nordics lead the way in Open Banking readiness

The UK and Nordics are best placed to make the most of Open Banking thanks to a high number of bank APIs, progressive regulators, and consumer readiness, according to a study conducted across ten European countries by Mastercard.

/payments

Finleap Connect scores $22 million to expand across Europe

Finleap Connect, a company formed from the merger of three fintech companies in the Dach countries, has raised €22 million as part of a push to create a pan-European Open Banking platform.

/retail

SolarisBank migrates customer base to in-house core system

Berlin-based banking-as-a-service platform Solarisbank has migrated its entire customer base from an externally sourced core banking system to an inhouse alternative.

/sustainable

Bud and Enfuce to bring carbon tracking to UK

Open banking fintech Bud has signed a deal with the Nordic eco-payments firm Enfuce to bring its 'My Carbon Action' product to the UK.

/startups

Nordigen raises €2.1 million to take on Tink, Plaid and TrueLayer

Nordigen, a Latvian startup that is challenging the foundational business models of Tink, Plaid and TrueLayer by providing fee-free access to over 1000 European bank APIs, has raised €2.1 million in a seed financing round.

/people

Derek White swaps Google Cloud for Galileo

After less than a year as head of Google Cloud's FS business, Derek White is joining SoFi-owned API and payments platform Galileo as CEO.