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

Company update/payments

OneConnect launches in the Abu Dhabi Global Market

OneConnect Financial Technology Co., Ltd (OneConnect), a leading Technology-as-a-Service provider for financial institutions, today announced the official launch of its regional operations in Abu Dhabi Global Market (ADGM), the leading international financial centre of the capital of the UAE. OneConnect’s addition to the ADGM family will further support the development of the fintech ecosystem and accelerate the digital transformation of financial services in the UAE and the region.

07 October 2022

Research/Open APIs

SaaS: The case for building a new banking business model

03 October 2022 519 downloads

Company update/wholesale

DBS rolls out plug-and-play APIs for corporate treasurers with FinLync

DBS has partnered with FinLync, a privately-held, global fintech company transforming corporate finance and treasury offices by aggregating global banking APIs to deliver embedded real-time payments and cash management.

26 September 2022

News/retail

Fintechs form Open Finance Association

Leading fintech players including Plaid, Truelayer and Yapily have banded together to launch a not-for-profit trade association pushing open finance in the UK and EU.

22 September 2022

Company update/payments

Emirates NBD launches API developer portal

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has launched the region’s most comprehensive and ready-to-use financial Application Programming Interface (API) developer portal ‘Emirates NBD API Souq’, providing FinTechs, developers and corporate clients with an all-in-one ecosystem to rapidly develop innovative financial solutions.

16 September 2022

Company update/retail

Codat partners nCino to help banks underwrite small business loans

Codat, the universal API for small business data, today announced a partnership with nCino (NASDAQ: NCNO), the worldwide leader in cloud banking, to automate and accelerate banks' ability to underwrite small business loans around the world.

14 September 2022

Company update/regulation

Fraugster and Yuno partner for LATAM expansion

Next gen payment orchestration platform, Yuno, partners with AI payment intelligence expert, Fraugster to provide online merchants easy access to a range of fraud prevention, compliance and revenue uplift solutions via a single API. Companies of all sizes across Latin America continuously face challenges in managing multiple payment methods and fraud detection tools for accepting online payments leading to fragmentation, complexity, and high costs.

07 September 2022

News/devops

KPMG preps Singapore embedded finance hub

KPMG is launching an embedded finance hub in Singapore, providing support to firms looking to make inroads into financial areas such as payments, blockchain and lending.

06 September 2022

News/payments

Aussie buy-to-earn startup Hello Clever raises A$4.5m

Hello Clever, an Australian 'buy-to-earn' startup that gives shoppers real-time cashback, has raised A$4.5 million in seed funding.

24 August 2022

News/startups

Citi invests in Latin American open finance firm Belvo

Citi Ventures is the latest big name to invest in Mexico City-based open finance API platform Belvo.

23 August 2022

Company update/Open APIs

Unlimint introduces BaaS API

London-based global fintech Unlimint, has today announced the launch of its Banking as a Service (BaaS) product, Unlimint Banking and Cards (UBC), a one-stop payment accounts and card issuing and processing solution.

23 August 2022

News/payments

Prometeo launches Latin America's first A2A payments platform

Prometeo Open Banking has launched what it claims is the first pan-regional Account-to-Account (A2A) payments offering in Latin America.

22 August 2022

Company update/payments

Klarpay adds 70+ currencies

Klarpay AG has completed another milestone with the integration of Visa's B2B Connect product to its services. This latest achievement enables Klarpay's business customers to perform cross-currency outbound payments from Klarpay accounts to 90+ countries and 70+ currencies via its Dashboard and APIs.

18 August 2022

Company update/payments

Scotiabank's new digital payments platform provides real-time services and cash management APIs

Scotiabank has announced the launch of Scotia TranXactTM – a digital payments platform that provides business banking clients with on-demand access to Scotiabank's payments and cash management Application Programming Interfaces (APIs).

15 August 2022

News/people

Marqeta CEO Gardner steps down

Open API card issuing and processing platform Marqeta is on the hunt for a CEO after founder Jason Gardner decided to make the move to executive chairman.

11 August 2022

News/payments

Plaid deal lets Wise customers connect accounts to 6000 apps

Wise has struck an open finance agreement with Plaid that will enable the former's 13 million of customers to connect their accounts to thousands of apps.

10 August 2022

News/payments

Payments infrastructure firm Finix raises $30m

Payments infrastructure platform Finix has raised $30 million in a funding round joined by American Express.

10 August 2022

Company update/payments

Verto releases embedded payments API

Verto, the leading B2B cross-border payments and foreign exchange (FX) enabler, today announced the launch of its new API solution, empowering businesses to automate currency conversion, global pay-outs and beneficiary management.

09 August 2022

Company update/retail

CIBC inks data sharing deal with MX

Today CIBC (TSX: CM) (NYSE: CM) announced a data access agreement with MX to enhance the CIBC client experience through secure data sharing, providing clients with a safe and seamless way to share their financial information.

08 August 2022

Company update/crypto

Moneycorp ships liquidity management module for digital asset exchanges

Moneycorp, a world-leading payments fintech, today announces the launch of its Foreign Exchange Liquidity Management solution for the Digital Asset Exchanges (DAXs) providers.

08 August 2022