Tagged: open banking

August 17, 2023 @ 9:37 am By JD Alois  |  

Open banking provider TrueLayer has appointed Michael Brown as its new Head of E-Commerce, according to a statement from the firm.  TrueLayer said the hire was part of  push into more verticals as open banking adoption grows. Prior to joining the Fintech, Brown was Director… Read More

August 11, 2023 @ 11:18 am By Omar Faridi  |  

Brite Payments announced that it has expanded its product coverage with the launch of open banking-powered instant payments and payouts in Denmark. With full product coverage in Sweden and Finland, the addition of Denmark further strengthens the second-generation fintech’s footprint “as it continues its expansion… Read More

August 10, 2023 @ 5:18 pm By Omar Faridi  |  

Payment Components, which claims to be an expert in AI, payments and open banking solutions, is announcing the partnership with Brillio, a digital transformation services provider. The partnership between the two companies is “part of Payment Components’s vision to empower ISO 20022 / CBPR+ adoption… Read More

July 31, 2023 @ 11:52 am By Omar Faridi  |  

The Board of Vanquis Banking Group plc, a specialist bank, is pleased to announce the acquisition of the money-saving fintech Snoop Limited. Snoop provides its customers with personalized insights “to help them better understand and manage their finances.” The Snoop app uses AI and open… Read More

July 29, 2023 @ 10:07 am By Omar Faridi  |  

As a follow-up to the recent webinar Envestnet hosted with open banking experts around the world, we caught up with Lisa Novier, Head of Governance, Risk & Compliance at Envestnet Data and Analytics. Envestnet claims it has been at the forefront of open banking adoption… Read More

July 27, 2023 @ 9:16 am By JD Alois  |  

Fintech software provider Finastra is partnering with MX Technologies – an open banking or “open finance” provider. According to a company statement, Finastra will be integrating MX’s Personal Financial Management (PFM), Insights, and Account Aggregation solutions with Finastra’s Fusion Digital Banking solution. Raymond den Hond,… Read More

July 24, 2023 @ 9:45 am By Omar Faridi  |  

Tink, which claims to be one of Europe’s leading open banking platforms, reveals research finding that “an estimated 40% of people in the UK would like their bank to offer tools to track their environmental impact.” Based on a survey of over 2,000 UK consumers… Read More

July 12, 2023 @ 5:31 am By Omar Faridi  |  

Tarabut Gateway, MENA’s open banking platform, announces the appointment of Tariq Sanad as its new Chief Financial Officer (CFO). Tariq, a Bahraini national, is “one of MENA’s renowned start-up veterans, boasting over 20 years of experience in the finance field.” During this time, he has… Read More

July 9, 2023 @ 12:59 pm By Omar Faridi  |  

Moneyhub, the data and payments platform built on the principles of Open Banking and Open Finance, has announced a partnership with MX Technologies, Inc., which claims to be a leader in Open Finance in North America. This partnership enables Moneyhub and MX “to leverage each… Read More

July 6, 2023 @ 7:28 am By Omar Faridi  |  

Kindgeek, a one-stop shop fintech software developer, and Salt Edge, an open banking service provider, announce their partnership for providing PSD2 and open banking solutions to the fintech landscape. As financial services continue to become more digital, opportunities arise “to develop more efficient financial services… Read More

July 5, 2023 @ 8:18 am By Omar Faridi  |  

In a report published on ‘The (Unmet) Potential of Open Banking’, Oxera identifies the key economic obstacles that are “holding back the wider adoption of Open Banking and the development of new innovative use cases that go beyond the regulatory mandate.” NatWest Group commissioned Oxera,… Read More

July 3, 2023 @ 8:49 am By JD Alois  |  

Open banking platform Tink has joined the UK’s Joint Regulatory Oversight Committee (JROC)’s new working groups on Variable Recurring Payments (VRP) and the future open banking entity. Andrew Boyajian, head of VRP at Tink, will be representing the European Third Party Providers Association (ETPPA) in… Read More

June 24, 2023 @ 10:37 am By Omar Faridi  |  

Account-to-account (A2A) payment infrastructure provider, Token.io, announces the launch of its virtual settlement accounts, enabling payment providers to unlock the full potential of ‘Pay By Bank’ for ecommerce. Token.io’s new virtual accounts solution will “provide payment providers with real-time notification of settlement as they collect… Read More

June 15, 2023 @ 11:29 pm By Omar Faridi  |  

The team at Yapily has hired Tanya Ziv as Chief Operating Officer (COO) to lead operations and strengthen their position as the leading open banking platform in the UK and Europe. With over 15 years of experience leading compliance and risk departments in the fintech… Read More

June 12, 2023 @ 8:44 am By Omar Faridi  |  

AMLYZE, a RegTech company specializing in anti-financial crime solutions for FinTechs, neo-banks and crypto businesses, is pleased “to announce its strategic collaboration with Salt Edge, a leading open banking platform.” This commercial partnership “aims to enhance AMLYZE and Salt Edge’s client offering by leveraging both… Read More

June 7, 2023 @ 10:54 pm By Omar Faridi  |  

Dapi, a UAE-based fintech company, part of Hub71’s global tech ecosystem, is thrilled to announce a strategic partnership with global technology company Mastercard, aimed at introducing account-to-account (A2A) payments on Mastercard Payment Gateway Services (MPGS). The agreement was “signed at Seamless Middle East, the largest… Read More

June 7, 2023 @ 8:56 am By Omar Faridi  |  

The Joint Regulatory Oversight Committee (JROC) has recently set out an ambitious program of work “to take forward recommendations for the next phase of open banking in the UK.” This involves “setting up dedicated workstreams to action the six key themes and priorities outlined in… Read More

June 5, 2023 @ 9:19 am By Omar Faridi  |  

AAZZUR, an innovative embedded finance integrator, has collaborated with Salt Edge, a leading open banking platform, to enrich its open banking offers and accelerate go-to-market for its clients. The collaboration will see Salt Edge’s open banking technology and compliance solution integrated “into AAZZUR’s embedded finance… Read More

June 4, 2023 @ 9:55 pm By Omar Faridi  |  

Sway, a company that aims to turn your phone into a payment terminal & accept in-person payments without transaction fees, has reportedly raised 111% (£627,157) of its £560,000 target from 335 investors (at the time of writing) through its crowdfunding campaign, carried out via Seedrs…. Read More

June 2, 2023 @ 3:22 pm By Omar Faridi  |  

Tink, Europe’s open banking platform, and ecolytiq, a climate engagement solution, are collaborating to incorporate financial and sustainability-focused coaching into a seamless experience. By combining the power of money management tools with climate education tools,  Tink will make it possible “for new and existing customers… Read More