Open banking

540 articles tagged with this keyword

/ai

BKN301 buys AI fintech Planky

Banking-as-a-Service startup BKN301 has topped up its recent Series B funding round with a £10 million credit facility and acquired AI-driven financial analytics and open banking specialist Planky.

/retail

Swiss banks switch on open banking

Bank customers in Switzerland can now bundle their accounts from various banks into one banking or fintech app following the roll out of the bLink open banking API from SIX.

/retail

CFIT convenes industry coalition to develop an Open Property Smart Data scheme

Fintech growth quango, the Centre for Finance, Innovation and Technology (CFIT) has convened an industry-wide coalition to revolutionise the home-buying process.

/payments

SBS adds Wero digital wallet support to open banking platform

Fintech SBS has upgraded its open banking platform to let banks integrate the European Payments Initiative's Wero digital wallet.

/payments

Visa completes first recurring A2A transaction in the UK

Visa has carried out its first commercial variable recurring payment (cVRP) through its account-to-account (A2A) payments offering in the UK.

/retail

JPMorgan cuts deals with fintech firms for access to customer data

After securing its first payment-for-data deal with Plaid in September, JPMorgan has now updated contracts with fintech firms that make up more than 95% of data pulls on its systems.

/retail

Smart Data Group publishes blueprint for the future of open banking

Smart Data Group has published its proposals for a future entity and blueprint to shape the next phase of open banking in the UK.

/markets

Canada’s 2025 budget plan includes new stablecoin rules, Real-Time Rail launch

Led by financial industry titan Prime Minister Mark Carney, Canada’s 2025 budget outlines ambitions to tackle cybercrime, embrace digital payments innovation, and encourage competition within financial services.

/retail

Monzo beats Chase, Nationwide, and Starling in UK customer satisfaction - YouGov

Monzo leads in customer satisfaction rankings for UK banking consumers according to a 2025 survey by data analytics firm YouGov.

/payments

ACI Worldwide acquires A2A fintech Payment Components

ACI Worldwide has acquired Payment Components, a European provider of financial messaging and open banking technology for A2A payments.

/regulation

Judge temporarily blocks CFPB open banking rule

A US judge has granted a preliminary injunction that temporarily blocks enforcement of the Consumer Financial Protection Bureau's open banking rule.

/regulation

American Fintech Council calls on CFPB to prohibit open banking data access fees

In the wake of the Consumer Financial Protection Bureau's decision to ditch its open banking rule, the American Fintech Council (AFC) has called on the regulator to preserve people’s right to access and share their financial data.

/payments

TrueLayer to acquire open banking rival Zimpler

London-based payments network TrueLayer is set to expand its presence in Europe after striking an agreement to buy Nordic competitor Zimpler.

/payments

Wise secures retail payments licence in UAE

UK-based fintech Wise has been granted approval by the Central Bank of the UAE to sell its money transfer and payments services in the Middle East market.

/regulation

FCA launches open finance accelerator

The UK's financial watchdog, the Financial Conduct Authority (FCA) has announced details of its strategy and roadmap for promoting open finance.

/inclusion

Big Issue partners fumopay to let sellers accept open banking payments

Big Issue, a magazine sold by the homeless across the UK, is working with open banking provider fumopay to pilot a QR code-based way for vendors to take payments.

/retail

Monzo to consider reapplying for US banking licence - FT

UK-based neobank Monzo is reportedly set to resume its effort to break into the US banking sector.

/startups

Ukrainian fintech reaches unicorn status

Ukraine's financial services market is celebrating another unicorn after Fintech-IT Group, the tech company behind the one of the country's most popular online banking service, received an investment to push its valuation beyond $1bn.

/crypto

ECB taps Italian tech firms Almaviva and Fabrick to build digital euro app and infrastructure

The digital euro, issued and backed by the Eurosystem, aims to complement cash, enhance financial inclusion, and bolster Europe’s monetary sovereignty. The initiative is also seen as a strategic move to strengthen the EU’s technological autonomy and resilience against cyber threats and technical disruptions.

/regulation

EU to exclude Big Tech from financial data sharing system - FT

The European Union looks set to block Amazon, Apple, Google and Meta from accessing a new financial data sharing system, according to the Financial Times.