Latest Open banking News: Finextra Research

Company update/people

Tyl by NatWest and Payit appoints Tim Johnson as head of strategy

Tyl by NatWest and Payit has appointed Tim Johnson as Head of Strategy. Tim is a highly accomplished payments industry and Open Banking strategy leader, bringing over 20 years of expertise and experience with him.

03 April 2023

Finextra TV/retail

Open Banking adoption: How far have we come?

Speaking at Merchant Payments Ecosystem 2023, Olof Wirfelt, Chief Commercial Officer, Trustly, discusses Open Banking and technology adoption.

03 April 2023

Finextra TV/retail

The impact of Open Banking and Embedded Finance on customer experience

Speaking at Merchant Payments Ecosystem 2023, Octavian Puzderca, Senior Principal, Advisors Client Services, Mastercard, and Katharina Luschnik, Vice President, Product Sales, Aiia, a Mastercard company, discuss the impact of Open Banking payments and Embedded Finance on the digital customer experience.

03 April 2023

News/payments

Citi Digital Money Symposium: How are FIs leveraging data to meet consumer demand?

Finextra attended the Citi Digital Money Symposium, which brought together experts from all over the industry to discuss innovation and emerging trends across the online payments sector in 2023. The conference looked at the challenges that could arise as the payments ecosystem becomes increasingly digital.

31 March 2023

News/retail

UK small businesses embrace open banking

UK businesses are adopting open banking products at a higher rate than consumers, with accounting software driving take-up, data from Open Banking Limited (OBL) shows.

30 March 2023

Company update/retail

ING selects Salt Edge to expand open banking use cases

ING Bank N.V. has partnered with Salt Edge, a pioneer in providing open banking solutions, for leveraging the widest international bank connectivity and thus, unlocking a whole new range of open banking use cases for SME segments from various industries, corporate, and individual end-users.

30 March 2023

News/retail

Bud branches out into US

UK-based open banking fintech Bud has hired a leadership team to spearhead its entry into the US market.

30 March 2023

News/retail

UK open banking sector faces sink or swim moment

The UK's open banking sector has created 4800 jobs and is valued at £4.1 billion, according to research conducted by the Coalition for a Digital Economy (Coadec), which nonetheless cautions that industry is at a "vital crossroads".

29 March 2023

News/payments

Japanese VCs join €3 million growth round in Sweden's Open Payments

Swedish fintech Open Payments has closed a €3 million growth round led by Industrifonden with support from Japan's Sony Financial Ventures and Global Brain and existing investors.

29 March 2023

News/payments

NextGen Nordics 2023: Speakers announced!

NextGen Nordics will return to Stockholm on 25 April 2023, and we will be welcoming a range of speakers who will discuss topics such as P27, cross border payments, open banking, BNPL, CBDCs, digital assets and Web 3.0.

27 March 2023

Company update/payments

Plend chooses GoCardless for Variable Recurring Payments

Ethical lender Plend has selected GoCardless, a global leader in direct bank payments, to provide Variable Recurring Payments (VRPs) through GoCardless’ Instant Bank Pay feature.

23 March 2023

Company update/payments

Payer launches open banking payments for B2B

Payer, the Swedish fintech scaleup that specialises in European B2B payments, today announces its launch of open banking payments for B2B in Sweden.

22 March 2023

News/startups

Smart money app Snoop explores sale - Sky

Snoop, the money-saving app founded by former Virgin Money boss Jayne-Anne Gadhia, has called in bankers to explore a possible sale, according to Sky News.

22 March 2023

Company update/retail

ConTe.it Prestiti gets instant income verification with Tink

ConTe.it Prestiti, a new venture in the credit sector of Admiral Group Italy, has partnered with Tink, Europe’s leading open banking platform, to offer customers in ConTe.it Prestiti’s network an improved and instant lending application process.

21 March 2023

Company update/payments

Perx signs with Neonomics for open banking payments

PERX, an innovative Norwegian P2P crowdlending platform, has partnered with Neonomics. Through this partnership, PERX will be able to enable open banking payments on their platform through Neonomics’ open banking Checkout solution, to increase efficiency and security in its payments.

16 March 2023

Company update/startups

UK startup Archie launches open banking platform

Archie, a next generation payments and data platform, today launches with a promise to support the UK’s businesses, including underserved small and medium-sized enterprises (SMEs), whilst educating consumers on the vast potential of Open Banking.

16 March 2023

Company update/retail

Ukrainian Processing Center to develop open banking services with Tietoevry

Ukrainian Processing Center (UPC) and leading software and services company Tietoevry Banking announced a partnership to develop open banking services in Ukraine.

15 March 2023

Company update/wholesale

Iwoca and Crif join forces for SME lending

More UK small and medium-sized businesses (SMEs) will be able to get instant decisions on lending applications, helping to ease pressure of the cost of living crisis and boost economic recovery.

14 March 2023

Company update/people

Yapily hires Lisa Gutu as VP of European sales

Open banking platform Yapily has appointed Lisa Gutu as Vice President of Sales in Europe, where she will play a key role in accelerating Yapily’s strategic growth plans in the region.

14 March 2023

Company update/crime

Noda chooses ThetaRay to monitor open banking services

Noda, an open banking fintech, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to enhance payment monitoring and compliance capabilities on Noda’s growing platform that is supporting the new digital economy in Europe.

14 March 2023