Open APIs

2292 articles tagged with this keyword

/retail

17 banks choose TietoEvry’s open banking service

A new service lets customers view and make payments from any of the bank accounts that they have at different banks directly from the online bank that they use the most.

/retail

Yolt Technology Services brings Open Banking to mortgage lending

ING Bank-backed Open Banking vendor Yolt Technology Services is to expand its Account Information Services to support UK mortgage lenders, the first step in a move to a more wide-ranging model of Open Finance.

/retail

Financial Data Exchange adds 33 members

The Financial Data Exchange (FDX) welcomed 33 new members in the past 4 months, bringing the total membership to 168 organizations.

/security

Open Banking Implementation Entity launches new tool to help firms prevent and fight fraud

The Open Banking Implementation Entity (OBIE) has developed a new online tool to help firms gain additional insight into the maturity of their counter-fraud defences and help identify potential areas of improvement.

/payments

HMRC awards Open Banking contract to Ecospend

The UK tax authority has handed a £3 million Open Banking contract to fintech startup Ecospend, with the aim of making it easy for taxpayers to submit payments direct from their bank accounts, rather than through debit or credit card.

/startups

Cross-border payments startup Routefusion raises $3.6m

Routefusion, an Austin-based startup that helps tech companies embed cross-border payments in their applications, has raised $3.6 million in seed funding.

/cloud

Digital banking tech startup Narmi raises $20.4m

Narmi, a leading financial technology company that builds digital banking solutions, today announced the close of a $20.4M Series A funding round to empower community banks and credit unions to go to market faster and better compete with megabanks, challenger Banks, and fintechs.

/Open APIs

Virgin Money adds Codat to team of technology partners

Virgin Money has added leading FinTech, Codat, to its growing team of technology partners as it strengthens its digital business banking credentials.

/regulation

Dutch central bank grants ibanXS PSD2 license

On 28th January 2021, the Dutch Central Bank (DNB) granted ibanXS, the first pan-European PSD2 Open Banking platform in the Netherlands, a PSD2 license.

/startups

Dozens inks Open Banking deal with Bud

UK challenger banking app Dozens has enlisted Open Banking outfit Bud to let prospective customers access some of its services without having to fully sign up.

/retail

GFT acquires minority stake in start-up One Creation

GFT Technologies and One Creation are announcing that GFT is acquiring a minority stake in the data rights start-up.

/payments

Token snags $15 million in Series B funding

Open Banking payments platform Token has secured $15 million in Series B funding from SBI Investment and Sony Innovation Fund as well as from existing investors Octopus Ventures, EQT Ventures and the venture arm of BNP Paribas, Opera Tech Ventures.

/retail

Big US banks pilot data sharing risk assessment service

Bank of America, JPMorgan Chase, PNC Bank, TD Bank, Truist, US Bank, and Wells Fargo have piloted a data sharing risk assessment service that streamlines risk evaluations of data aggregators and financial apps.

/inclusion

The Big Exchange turns to Moneyhub for Open banking connectivity

The Big Exchange, the new online social, environmental and impact investment platform co-founded by The Big Issue, today announces a partnership with Moneyhub, the market leading data, intelligence and payments platform.

/payments

TrueLayer launches payments-as-a-service product

Open Banking API provider TrueLayer has launched its first payments product, providing firms with the ability to onboard customers and bypass card schemes using faster payment rails for account-to-account payouts and deposits.

/people

IbanXS appoints Eppo Heemstra to the board as CRFO

To support its strategy of intensifying adherence to regulations and compliance in order to provide a state-of-the-art PSD2 Open Banking platform, and to strengthen its Board of Directors, ibanXS has appointed a new Chief Risk and Finance Officer.

/retail

Tisa creates suite of APIs for savings, investment and pension products

TISA, the cross-industry financial services membership body, is calling on the industry to help advance its Open Savings, Investments & Pensions (OSIP) initiative via Open Finance technologies as the pandemic has accelerated the need for customers to have better access to a holistic range of digital financial services.

/retail

Bud signs deal with Farpoint Labs

The UK fintech firm Bud has signed a deal with Farpoint Labs, creators of the Winston personal finance app.

/retail

Belvo applies Open Banking to help lenders in Latin America verify their customers' income

Belvo has developed a new solution that allows credit lenders in Latin America to get a real picture of their clients' income.

/retail

Aryza acquires HubSolv

The Aryza Group has today announced the acquisition of HubSolv, a move that will significantly strengthen Aryza’s already dominant position within the financial services and insolvency market.