Latest Open APIs News: Finextra Research

Money Dashboard names former PayPal Emea CEO Renier Lemmens as chairman

Money Dashboard has appointed Renier Lemmens, ex-Revolut board member and Paypal Emea CEO, as its new chairman

20 May 2020

Company update/retail

Nesta promotes Open Banking apps to support mental health

To mark Mental Health Awareness Week (18-24 May), new research from the Open Up 2020 Challenge reveals money worries are negatively impacting the mental health of a quarter (23%) of the population.

20 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

Company update/cloud

DBS HK connects with SME accounting platform Financio

In an all-out effort to help SMEs with their digital transformation journey during COVID-19, DBS Hong Kong and cloud-based accounting software solution Financio, today announced a first-of-its-kind partnership in Hong Kong to transform how businesses manage their finances anytime and anywhere.

19 May 2020

Company update/payments

Enfuce provides turn-key PSD2 compliance services to OP Financial Group

Finland’s biggest fintech start-up Enfuce provides full PSD2 compliance as a service to Finland’s largest financial services group, OP Financial Group, in the Baltic states.

19 May 2020

News/payments

SIX launches central platform for bank data sharing

Swiss infrastructure provider SIX has launched a centralised platform for the standardised sharing of account data between financial institutions and third party firms.

19 May 2020

Company update/cloud

Intellect Design Arena unveils iTurmeric FinCloud

Intellect Design Arena Ltd., a global leader and the world’s first full spectrum banking and insurance products company, introduced iTurmeric FinCloud – its future-ready, cloudready, API-first, microservices-based platform – available today on IBM public cloud, the industry’s most secure and open public cloud for business.

15 May 2020

News/retail

Nordea switches on account aggregation from Tink

Nordea is to provide its mobile banking customers with account aggregation and personal financial management tools from Swedish vendor Tink.

15 May 2020

News/payments

Payments-as-a-Service API platform Modulr raises £18.9m

Modulr, a UK Payments-as-a-Service API platform for digital businesses, has raised £18.9 million in a funding round led by Highland Europe.

13 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/payments

Open Banking Europe publishes draft signature standards for bank APIs

Open Banking Europe, the entity operated by EBA Clearing subsidiary Preta, has published a draft API signature specification, as part of an attempt to provide a coherent standard for fintechs connecting to bank APIs.

13 May 2020

Company update/payments

Salt Edge speeds up PSD2 onboarding to bank APIs

Salt Edge announced the release of a new feature that allows third party providers (TPPs) to register quicker with the desired banks’ PSD2 channels in the whole of Europe.

12 May 2020

Company update/payments

Payguard to deploy Nuapay to provide open banking payments for telephone orders

Leading provider of account to account payment solutions, Nuapay, today announces that it has been selected by PayGuard a brand of Fusion Telecom to provide open banking payment services to its call centre customers.

12 May 2020

Company update/people

Moneyhub hires product owner and managing director

Moneyhub, the Open Finance platform, has further bolstered its senior team as the business seeks to respond to increasing appetite among enterprises for Open Finance solutions to help clients improve their financial wellness while reducing money worries and anxiety.

12 May 2020

Company update/payments

Illimitybank introduces payment initiation service in Italy

illimitybank.com, the illimity Group’s digital direct bank, is introducing the Payment Initiation Service (PIS) in Italy for the first time ever, a system which enables customers to make payments from accounts of other banks consolidated on its platform.

11 May 2020

News/startups

Payments startup Primer raises £3.2m

UK payments startup Primer has raised £3.2 million in a seed funding round led by Balderton Capital and joined by Transferwise co-founder Taavet Hinrikus.

11 May 2020

Company update/regulation

TrueLayer responds to FCA consultation on Open Finance

Jack Wilson, Head of Policy and Regulatory Affairs at TrueLayer, discusses TrueLayer's response to the FCA's Open Finance consultation.

11 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

Company update/retail

Lumio links with PensionBee

With our most recent update, we have taken another step towards providing our customers with total financial clarity and control. Alongside your bank, savings, credit and investments, you can now also connect your PensionBee account

06 May 2020

News/startups

Bank API developer Treasury Prime lands $9 million in funding

Treasury Prime, a US startup that provides banks and fintechs with an API overlay for legacy infrastructure, has raised $9m in a Series A funding round.

06 May 2020