Open banking

449 articles tagged with this keyword

/payments

Apple Pay launches UK open banking integration for Wallet

Apple Pay users across the UK can now take advantage of a new feature that taps into the open banking framework to let them connect cards and view their account balance from within the Wallet app.

/startups

Revenue-based investing marketplace Levenue raises €8m

Revenue-based investing marketplace Levenue has raised €8 million in a Series A funding round and acquired bank transaction enrichment expert Cake.

/payments

TrueLayer brings open banking payments to Shopify

Following its reccent integration with Stripe, TrueLayer's new A2A payments app has nowgone live in the Shopify App Store, allowing UK and EU merchants to add open banking payments to their checkout.

/people

Volt appoints former Stripe Europe CEO as special advisor

London-based open payments gateway Volt has brought in former Stripe Europe CEO Matt Henderson as a special advisor to the board.

/payments

UK fintech Railsr secures $24m in funding

Railsr, the UK-based embedded finance startup, has pulled in $24m in its latest series of fundraising.

/retail

UK government backs smart data challenge

The UK government is leading an open call for Brits to share ideas on ways to harness smart data across a host of sectors - including financial services - to benefit individuals and small businesses.

/startups

Open banking startup Prism Data raises $5m

Prism Data, the US open banking outfit that span out from Petal earlier this year, has raised $5 million in seed funding.

/payments

JP Morgan’s Pay-by-Bank product goes live

JP Morgan and Mastercard have announced the launch of their Pay-by-Bank solution, giving billers the ability to allow their customers to pay bills directly from their bank account, using traditional ACH banking rails.

/regulation

CFPB accelerates US open banking with new data rule

The Consumer Financial Protection Bureau (CFPB) has proposed its long-awaited open banking rule in the hopes of improving competition in the US banking and payments sector.

/payments

Stripe embeds A2A payments in checkout with TrueLayer

Stripe is to provide customers of European merchants with the option to ditch card-based payments in favour of open banking linked transactions through an embedded checkout integration with TrueLayer

/startups

Westpac NZ invests in open finance outfit Akahu

Westpac NZ's venture capital fund has led a $1.4 million investment round in Kiwi open finance startup Akahu.

/payments

Mastercard inks open banking deals with Worldpay and Zip

Mastercard is stepping up its open banking activity through partnerships with merchant solutions business Worldpay and BNPL firm Zip.

/people

Plaid appoints first CFO

Open banking platform Plaid has hired former Expedia executive Eric Hart as its first chief financial officer, filling a critical role ahead of an anticipated IPO.

/wealth

Flanks secures $8 million for Open Wealth platform

Open wealth platform Flanks has secured $8 million in a Series A round led by Earlybird Venture Capital, and followed by the existing investors JME Ventures and 4Founders Capital.

/payments

UK startup taps open banking technology to help people build their credit score

BuildMyCreditScore, a UK startup that enables individuals to effortlessly boost their credit score through everyday spending on a debit card, has launched in the UK.

/retail

NatWest launches transaction categorisation service for businesses

NatWest is tapping Open Banking for a transaction categorisation service that lets businesses offer their customers personalised insights.

/payments

Canadian fintechs launch open banking public campaign

Some of Canada's largest fintechs have launched a campaign to rally public support for government action on open banking and payments modernisation.

/inclusion

Financial wellbeing app Wagestream buys Keebo to help workers access credit

Financial wellbeing app Wagestream has acquired challenger credit card startup Keebo. Financial terms of the deal were not disclosed.

/payments

Weavr shuts down recently-acquired Comma app

London-based embedded finance firm Weavr is shutting down Comma, the open banking payments app it acquired just months ago.

/payments

Apple soft launches UK open banking integration for iPhone Wallet

Apple is soft launching a new iPhone Wallet app that is integrated with UK's open banking framework.