Embedded finance: a game-changing opportunity for incumbents
Embedded finance offers a new, very large addressable market opportunity worth over $7 trillion in ten years’ time.
Open Banking
TrueLayer and sync. partner up on Spanish expansion
UK-based aggregation platform taps TrueLayer to boost its service.
Moneyfarm partners with Fabrick to expand open banking offerings
The pair plan to create a joint offering for customers in Italy and the UK.
OpenWrks lands government deal as digital affordability provider
The government wants to digitise more of its debt advice service.
Money manager for freelancers Flow lands Dutch PSD2 licence
The idea for Flow originated on an alpaca farm in Drenthe.
From open banking to open finance
It’s only in 2020 that we see the quality, reliability, and range of APIs connecting to accounts that realise the regulators’ vision.
Tink continues acquisition play with credit decisioning platform Instantor
Instantor employees a team of 26.
What the Fintech? Episode 9 | Open banking: entering the mainstream
Coconut CEO, Sam O’Connor, shares his insight on the Plaid and Finicity acquisitions.
ING appoints ex-Google and Confused.com exec as Yolt CEO
Weng Kan led Google’s attempt to edge into the insurance market in 2015.
Open banking: where you at?
There is still more to do, a lot more, and it heavily relies on banks’ cooperation.
Banking Technology July/August 2020 issue out now
Unlocking the benefits of open banking.
How financial institutions can capitalise on open banking benefits
The median open banking spending lies between €50-€100 million according to Tink.
Canadian data aggregator Flinks lands $11.8m led by NAventures
The fintech is moving into wealth and expanding to the US.
South Korea reports 20m subscriptions to open banking service
Figure represents a quadrupling of registrations since an October 2019 pilot.
Overcoming challenges on the road to open banking success
FinTech Futures speaks to Rajashekara V. Maiya at Infosys Finacle about open banking.
How open is open banking?
If open banking was to deliver on its promise, the opportunity for growth would be enormous.
Regional Australia Bank approves first Aussie open banking loan
The process took six minutes end-to-end, claims bank.
Trio of fintechs sign up to Mastercard’s Open Banking Protect
Aion, DiPocket, and Modulr have signed up to Mastercard’s Open Banking Protect solution.
Sopra Banking Software taps Tink’s data channel
Sopra Banking Software serves roughly 1,500 banks and financial institutions.
Australia’s big four welcomes start of open banking
ANZ, NAB, Westpac and Commonwealth Bank have all gone live with APIs.
Bud launches open banking solution for payments
CEO Ed Maslaveckas says aggregation is “least disruptive” part of open banking.
Resurs Bank’s new CEO prioritises open banking
The Swedish bank has roughly 6.2 million customers.
NatWest launches its no-card payments service Payit
The service uses open banking infrastructure.
OBIE UK’s open banking body launches app store
The launch date was moved up because “open banking can make life easier in lockdown”.
Railsbank signs on Hong Kong fintech Statrys
Open banking platform continues expansion in Asia.
Mastercard set to acquire Finicity for $825m
This follows a similar acquisition of Plaid by rival Visa in January.
UK regulator probes Visa’s acquisition of Plaid
The UK’s CMA is looking into potential anti-competitive implications.
Italian neobank illimity launches its open banking platform
The bank launched just nine months ago.
What the Fintech? Episode 7 | Open banking & savings
Co-founder & CEO of Plum offers his insights on how COVID-19 affects savings.
Icelandic challenger bank indó selects Enfuce
The challenger is gearing up for a launch later this year.
Open banking start-up truID raises funding to expand customer base
It has raised an undisclosed funding round to help build out its product.
Chase Bank signs mobile banking deal with Sensibill
The fintech to provide receipts management in Chase’s banking app.
Reaping the real benefits of data sharing
Data sharing enables banks to more effectively serve customers across the lifecycle.
Banking Technology June 2020 issue out now
Real-time payments and fraud: balancing customer relationships and security.
Why collaboration and partnerships will beat the fraudsters in open banking
It’s therefore important for banks to make sure they are dealing with legitimate and regulated TPPs.
PayTech Awards winners: where are they now? ANNA – Best Corporate Payments Initiative
ANNA has been busy onboarding customers and adding features to its platform for SMEs.
Banking Tech Awards 2020 now open for entries!
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
Tink lands second strategic investment from PayPal
As part of the deal Tink will cover all countries in EEA for PayPal.
Truelayer signs payment initiation deal with UK government
The open banking firm has been added to the Payment Acceptance Framework.
Open banking fintech Belvo lands $10m for Brazil expansion
The firm is also looking to hire between 40-50 new developers.
