515 articles tagged with this keyword
News/retail
Fintech industry body Innovate Finance has called on regulators to extend open banking to support the deployment of budgeting and affordability algorithms as a way to help Brits with the cost-of-living crisis.
03 March 2023
Australia should consider a purpose-built open banking implementation entity modelled on the UK's OBIE to ensure effective collaboration between the industry and regulators, according to a white paper from NatWest and NAB.
24 February 2023
UK-based credit scoring and risk decisioning platform DirectID has secured a €9 million investment from Ikea venture arm Ingka Investments.
22 February 2023
The number of consumers and SMEs actively using open banking powered services in the UK has reached seven million for the first time.
21 February 2023
News/payments
Cross-border payments firm, Payoneer, has gained its Electronic Money License (EMI) with approval from the Financial Conduct Authority (FCA).
17 February 2023
News/crypto
The United Arab Emirates is planning to launch a CBDC and domestic card scheme as part of a wide-ranging financial infrastructure transformation programme.
14 February 2023
As Canada prepares an open banking regime, the country's small businesses are ready to seize the opportunity, according to a Mastercard survey.
13 February 2023
News/regulation
Fintech Australia and the Financial Data and Technology Association (FDATA) are calling on Australia's competition watchdog to intervene in ING Bank's planned upgrade to an Open Banking-related system.
08 February 2023
Finextra will be back in Stockholm to bring the new world of Nordic banking to life for the NextGen Nordics 2023 conference on the 25th of April.
03 February 2023
Zopa Bank has received £75 million in funding to support its next phase of growth in the UK.
02 February 2023
Today marks two years since Brazil launched its Open Finance Initiative. Open banking in Brazil has blossomed thanks to the initiative, forging a new governance structure and financial system for financial institutions in the nation.
News/people
As she signs off as trustee of the Open Banking Implementation Entity, Charlotte Crosswell has hit out at the lack of long-term vision to move beyond the current environment to a "Smart Data" economy.
01 February 2023
News/startups
Irish fintech Unbanx has launched an open banking tool that enables consumers to share their transactional data with popular brands in return for points-based rewards.
31 January 2023
Judo Bank, an Australian-based challenger founded in 2016 is dedicated to providing support and capital to SMEs by turning traditional banking on its head.
27 January 2023
The former president of Mastercard UK and ireland, Marion King, has been appointed to suceed Charlotte Crosswell as chair and trustee of the Open Banking Implementation Entity.
24 January 2023
Keyzy, a UK-based rent-to-own startup for key workers, has raised £3 million in a seed funding round.
HSBC has once again fallen foul of the UK's Competition and Markets Authority (CMA) for publishing inaccurate information through its Open Data APIs.
20 January 2023
News/devops
The Competition and Markets Authority (CMA) has announced the completion of the open banking roadmap on the fifth anniversary of PSD2, which mandated open banking as a regulatory requirement in the UK.
13 January 2023
Credit scoring service and marketplace ClearScore has launched a business-to-business unit to help UK lenders tap into Open Bnking data for lending decisions.
11 January 2023
A group of fintechs including Monzo, Wise and Moneyhub have signed an open letter calling for urgent clarity on the future of open banking in the UK.
21 December 2022
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