Open banking

1385 articles tagged with this keyword

/retail

UK open banking hits 15 million users

More than 15 million people and businesses in the UK - equivalent to nearly one in three adults - used services powered by open banking in July.

/payments

Yonder selects tell.momey as open banking partner

Yonder, the UK-based credit and debit card provider reimagining rewards and membership for modern consumers, has selected tell.money as its open banking partner to ensure full compliance with the EU’s PSD2 (Payment Services Directive 2) regulations.

/payments

Visa shuts US open banking unit - Bloomberg

Visa has shut down its US open banking unit amid regulatory uncertainty and bank plans to charge for customer data access, according to Bloomberg.

/people

Susanne Krehl joins wealthAPI as chief growth officer

wealthAPI GmbH, a leading German provider of wealth management interfaces, is appointing Susanne Krehl as Chief Growth Officer (CGO), effective September 1st, 2025. As part of the management team alongside founders André Rabenstein and Wolfram Stacklies, Krehl will focus on the growth and European expansion of the Berlin-based WealthTech company.

/markets

Klarna reports Q2 losses amid US expansion plans

Swedish buy now pay later (BNPL) platform Klarna prepares for its New York listing, despite reporting a net loss in Q2.

/regulation

Fintech CEOs call on Trump to block banks from imposing 'account access' fees

The CEOs of more than 80 firms in the open banking sphere have written to President Donald Trump calling on him to prevent banks from charging fees to access consumer data.

/payments

Mastercard and Zand launch cross-border payments solution in UAE

UAE-based fintech Zand has announced a collaboration with Mastercard Move’s money solutions to power cross-border payments.

/retail

Fiinu plans reverse takeover of FX brokerage Everfex

Fiinu Plc (AIM: BANK), the London-listed fintech behind the Plugin Overdraft® platform, has announced a proposed reverse takeover of Everfex, a profitable foreign exchange brokerage.

/Open banking

prommt signs up for PayIt by Natwest

Prommt the premium pay-by-link platform for remote payments, has announced a partnership with Payit by NatWest.

/regulation

FCA shares feedback on new standard setting body for open banking

There has been significant progress in open banking over the past 6 months, and we want to build upon that momentum.

/predictions

UK's high street banks see profits fall as online rivals gain ground

High street banks in the UK have seen their profits drop in 2024 as customers opt for alternative lenders and online banks offering both higher savings rates and more digital services.

/payments

PayPoint launches open banking payments in the housing sector

PayPoint is proud to support Thirteen who are leading the way in the housing sector with Open Banking. This trailblazing move marks a significant leap forward in how Thirteen customers manage and pay their rent, adding a new way to pay which is faster, safer and more convenient than traditional card payments.

/regulation

Open banking platform Tarabut gets approval from UAE central bank

Tarabut, MENA’s leading open banking and embedded finance platform, has received in-principle approval from the Central Bank of the United Arab Emirates (CBUAE) following the introduction of the UAE’s Open Finance regulation.

/regulation

Pay10 processes UAE’s first open finance transaction under new framework

Pay10 the UAE’s first licensed third-party provider (TPP) under the Central Bank of the UAE’s (CBUAE) Open Finance framework, announces it has successfully processed the country’s first live Open Finance transaction in partnership with Abu Dhabi Commercial Bank (ADCB), the first certified bank on the Al Tareq platform.

/people

Atom Bank restructures tech leadership team

UK-based Atom Bank has announced a series of changes to its technology senior leadership team, including a chief of staff and a new AI and data science team.

/payments

The Money Platform deploys open banking tech from Ecommpay

Ecommpay’s enhanced open banking solution is helping trading brand, The Money Platform (TMP), deliver timely and accurate payments.

/wholesale

Intelligent Lending ships open banking powered business app, binq

Intelligent Lending has announced the launch of binq, the app for all things businesses – a new kind of platform that gives SME owners the power to make faster, smarter and better decisions.

/retail

Citizens delivers open finance payment features and direct deposit tools

In an exclusive interview with Finextra, Chris Powell, head of deposits and customer engagement at Citizens, reveals how open finance has powered simpler switching and streamlined mobile payments.

/regulation

Lean Technologies receives regulatory approval under UAE’s Open Finance Framework

Lean Technologies (Lean), the MENA region’s leading financial infrastructure provider, has received In-Principle Approval (IPA) from the Central Bank of the UAE under the country’s newly introduced Open Finance Framework.

/inclusion

Equifax Australia and Mastercard use open banking to boost credit access

Equifax and Mastercard are using open banking data to boost credit access for millions of Australians with limited or no credit history.