Open banking

449 articles tagged with this keyword

/people

Ainsworth departs from Open Banking Limited

Alan Ainsworth, policy and strategy director of Open Banking Limited (OBL), is moving on after six years in the role.

/payments

Oz payments firm Fat Zebra buys open banking outfit Adatree

Australian payments infrastructure provider Fat Zebra has acquired local open banking technology platform Adatree. Financial terms were not revealed.

/startups

Another one bites the dust: Kikapay goes under

Kikapay, an early startup in the UK's open banking scene, has become the latest fintech to fall victim to changing economic conditions.

/payments

Businesses measure the benefit of open banking payments

Business that use open banking for payments report an average annual saving of 150 hours usually spent on operational tasks such as processing invoices and financial data, recurring payments and processing refunds, new research from NatWest reveals.

/payments

Volt and Bumper bring open banking to car dealerships

Real-time payments platform Volt has struck a deal with Bumper to bring open banking to car dealerships in the UK and Europe.

/inclusion

Labour vows to make UK fintech leader

The UK's Labour party says it will deliver the next phase of Open Banking, become a standard setter for the use of AI, and embrace securities tokenisation and a digital pound if it wins the next election.

/payments

Tink launches risk engine to unlock instant payments

Open banking platform Tink has launched a rules-based risk engine to protect merchants from fraud on instant payment rails.

/retail

Ozone API raises £8.5m to go global

London-based open banking fintech Ozone API has raised £8.5 million in a Series A funding round led by Gresham House Ventures.

/startups

Davos 2024: AI most relevant for fintech development until 2029

Bryan Zhang, executive director and co-founder of the Cambridge Centre for Alternative Finance at The University of Cambridge Judge Business School presented research on the future of global fintech, conducted in conjunction with the World Economic Forum.

/payments

TrueLayer first to participate in SEPA Payment Account Access Scheme

Open banking payments company TrueLayer was authorised to be the first to take part in the SEPA Payment Account Access Scheme (SPAA).

/regulation

CFPB urged to strengthen open banking data protection safeguards

The Consumer Financial Protection Bureau's planned new open banking rules do not go far enough to protect consumer data, say two industry groups.

/payments

Finextra's top research reports of 2023

With 2023 drawing to a close, we take a look back at our most downloaded whitepapers, sentiment papers and surveys over the course of the past year. These reports are Finextra-led and cobranded, based on editorially balanced, independent, referenced desk-based and online research.

/payments

Finextra's top impact study reports of 2023

With 2023 drawing to a close, we take a look back at our most downloaded impact study reports over the course of the past year. Our impact study reports are how-to, best practice guides that support those in the financial industry in their utilisation and optimisation of particular technologies, as well as providing an outlook at future trends to watch.

/payments

Non-sweeping VRPs set for Phase 1 UK roll out in Q3 2024

Financial regulators in the UK have agreed plans for a Phase 1 roll out of non-sweeping variable recurring payments (VRP) by the third quarter of 2024, in a significant boost to open banking.

/payments

TrueLayer partners with Lunar for Nordic push

UK open banking vendor TrueLayer is hopping on the payment infrastructure of Nordic challenger bank Lunar in a bid to extend its account-to-account payment services across Denmark, Sweden and Norway.

/payments

UK should tap open banking to take on card schemes - govt-commissioned review

The UK should use open banking to provide retailers with an alternative to card payments and to improve "clunky" P2P bank transfers, says a new government-commissioned review.

/payments

Open payments firm Volt lands in Australia

London-based open payments gateway Volt has launched in Australia, integrating with the country's PayTo platform.

/payments

Credit fintech Petal seeks buyer - report

US credit fintech Petal has put itself up for sale amid Walls Street concerns about its ability to survive, according to Fortune.

/startups

Irish association calls for national fintech centre

A lobby group representing Ireland's financial services sector has called on the government to establish a physical centre for fintech firms.

/regulation

Canadian fintechs demand open banking action

Dozens of technology leaders have signed a letter to Canada's finance minister calling for a clear roadmap for the delivery of a long-awaited open banking framework.