Video: First Direct at FinovateEurope 2023 – The future of open banking
Saira Khan, head of innovation and partnerships at First Direct, discusses what the future might hold for open banking.
Open Banking
Plend partners GoCardless for variable recurring payments solution
VRPs will allow Plend customers to change their payment schedule to suit their financial circumstances.
Last chance to shine: PayTech Awards 2023 nominations deadline extended
The nominations deadline has been extended to 24 March 2023. Submit today!
FinTech Futures: Top five stories of the week – 17 March 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Open banking start-up Archie launches to support UK businesses
The firm claims it can enable businesses to streamline their payments and save on transaction fees.
ICYMI fintech funding round-up: Synctera, Natech, Basiq, Payabli
Our weekly fintech round-up for you to get the latest funding news from around the world.
UK Spring Budget 2023: the fintech sector reacts
FinTech Futures hears from UK business leaders on how the Spring Budget impacts the fintech sector.
Rain partners Tarabut Gateway for open banking API
Rain will make use of Tarabut’s open banking payment solutions to facilitate on and off-ramp transactions for users.
Noda taps ThetaRay for Sonar AML solution
ThetaRay’s Sonar will help Noda stay up to date with shifting compliance regulations.
UK fintech Weavr acquires open banking platform Comma
The deal will see BaaS and open banking together into an embeddable payment solution for B2B mass payments.
Central Bank of Nigeria publishes open banking guidelines
The central bank had first begun work on the adoption of open banking in June 2017.
LSEG’s Giact to use Mastercard’s open banking tech for account verification
Through the partnership, Giact says it will be able to deploy Nacha-compliant account verification solutions.
Orion Innovation snaps up Banktech Software for undisclosed sum
The acquisition will help Orion bring in open banking solutions and expand its digital and core banking capabilities.
If you build it, the money will come
The BaaS companies that will succeed will be those with a strong growth strategy.
Introducing the PayTech Awards USA 2023
Nominations for the awards are open until 2 June 2023.
UK lender Abound secures £500m in equity and debt financing
The company plans to grow its loan book and boost its staff headcount.
PayTech Awards nominations close in two weeks!
The deadline for nominations is Friday 17 March, so don’t leave it too late!
Budgeting app Buddy taps Klarna Kosma for automatic expense tracking
The partnership has resulted in 52% more monthly active users for Buddy, Klarna Kosma says.
Dogs Trust taps Currensea to launch debit cards and boost donations
Customers will be able to make donations to the charity by rounding up spending from the card.
Shanghai Commercial Bank taps Salt Edge for PSD2 compliance solution
With the partnership, the bank says it will be able to offer customers a secure connection to external apps.
Interview: How Opus is leading the financial services sector forward to a more sustainable future
“The way I see it, the fintech landscape has never looked better,” says TM Praveen, CEO of Opus.
What the FinTech? | S.4 Episode 2 | Space Bank and financial inclusion
In this episode, we’re joined by Nika Kurdiani, deputy CEO at TBC Bank and CEO of Space International.
Banking Tech Awards 2022 Winner: Updraft – Best Digital Initiative for Lending
Reinventing financial planning and disrupting unsecured lending markets.
UAE’s central bank launches financial services digital transformation programme
The UAE is aiming to become a “financial and digital payment hub”.
Ghana’s Fortek partners Codebase for Digibanc platform
It is hoped the partnership will “accelerate digitisation” and boost entrepreneurship in Africa.
In 2023, payments will provide momentum for open banking adoption
Today, regulators are very focused on promoting competition and alternatives to card payments.
ICYMI fintech funding round-up: Stubben Edge, Elementaryb and Bud
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Financial planning platform Lyfeguard launches in the UK
The start-up aims to tackle the problem of poor personal information storage and management.
Open banking fintech Tarabut Gateway appoints new VP of engineering
Derek Lakin has more than 20 years’ worth of experience in the software industry.
UK fintech Raylo bags £110m debt financing facility
Raylo provides consumers with “affordable” access to tech products on a monthly subscription basis.
Ecospend’s “pay-by-bank” open banking tech drives HMRC app payments
This is first time an open banking payment method was embedded in a government department’s system.
B2B BNPL platform Tranch raises $100m in debt and equity
$5 million have been raised in equity while the rest – $95 million – have been taken on as debt.
PayTech Awards call for nominations
The PayTech Awards 2023 will take place on 30 June at the Merchant Taylors’ Hall in London.
CMA warns HSBC over breaches of retail banking order
The CMA’s letter says that HSBC “self-reported” the breaches following a review of its compliance.
OBIE names Marion King as new chair and trustee
King will succeed Charlotte Crosswell, the current chair and trustee, who will step down on 31 January.
PayTech Awards 2023 now open for nominations
PayTech Awards are open to banks, financial institutions, paytech software & services providers worldwide.
FinTech Futures: Top five stories of the week – 6 January 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Saudi Central Bank debuts open banking lab to boost innovation
The Open Banking Lab will provide a technical testing environment to ensure compatibility with the country’s Open Banking Framework.
Japan’s Smartpay launches open banking digital payments service
Smartpay claims it is the first digital consumer finance firm to utilise Japan’s open banking system.
2022: Top five payments stories
FinTech Futures takes a look back at some of the year’s top developments and stories in payments.
