Latest Open APIs News: Finextra Research

Chetwood Financial preps live launch on £150 million debt and equity investment

Chetwood Financial, a new UK challenger outfit founded by the former deputy head of HSBC's UK retail bank Andy Mielczarek and tech vendor veteran Mark Jenkinson, has secured its banking licence and a significant investment of £150m in debt and equity from Elliott Advisors to help it grow.

12 February 2018

Company update/Open APIs

Bud gains Asip and Pisp licences

Bud is one of the first providers to obtain regulatory authorisation to aggregate accounts, AISP licence, and initiate payments, PISP licence.

09 February 2018

News/Open APIs

Berlin Group publishes NextGenPSD2 framework

The Berlin Group, a European coalition of banks and payment processors, has published version 1.0 of its framework designed to give Third Party Providers (TTPs) API access to bank accounts in compliance with new regulations on freeing up customer data under PSD2.

09 February 2018

News/Open APIs

PSD2: A strategic game-changer with long-term impact

PSD2 will be a slow burn but the perfect opportunity for banks to define and build their digital transformation strategy, according to new research produced by Finextra, in association with CA Technologies

09 February 2018

News/Open APIs

Openwrks, Zopa and TrueLayer get into Open Banking groove

The UK's major banks are being shown a clean pair of heels by non-bank competitors in the Open Banking space, with new announcements by TrueLayer in tandem with Zopa, and Openwrks demonstrating the determination of third party providers to open up access to consumer account data.

09 February 2018

News/Open APIs

Australian Government moves to open up the banking industry

Australia has moved one step closer to implementing an Open Banking regime with the publication of a final Government report into the issue, accompanied by draft legislation to mandate comprehensive credit reporting.

09 February 2018

News/Open APIs

Mobile network giffgaff to use Open Banking rules to move into personal finance

Giffgaff, the mobile network run by Telefonica, is to use Open Banking rules to provide a personal financial management service to its users in the UK.

08 February 2018

Company update/Open APIs

CMA reviews progress of UK retail banking remedies

Last Friday (2 Feb 2018) was an exciting milestone for the Competition and Markets Authority’s Banking Investigation.

07 February 2018

News/Open APIs

Cybersecurity dominates EU Fintech Action Plan

Cybersecurity takes top billing in the European Union's upcoming Fintech Action Plan, with a draft emphasising efforts to improve cooperation and coordination between market participants and regulators.

06 February 2018

Company update/Open APIs

Plum launches Fee Fighter tool to help consumers tackle excessive bank fees

Today, Plum, the automated money management chatbot, has launched Fee Fighter, a free tool that enables users to check exactly what fees they are being charged by their banks.

02 February 2018

Company update/Open APIs

SmartTrade unveils blockchain-based post-trade offering

SmartTrade Technologies, a multi-asset electronic trading solutions pioneer, is proud to announce today its brand new blockchain-based solution.

01 February 2018

Company update/Open APIs

Nacha and Accenture partner to create standardised API resurce for payments

NACHA—the Electronic Payments Association’s API Standardization Industry Group (ASIG), and Accenture (NYSE: ACN) are collaborating to identify, develop and launch a community of application program interface (API) resources, including a microsite and developer portal, to support API standardization across the payments ecosystem.

01 February 2018

Company update/Open APIs

Cornercard joins Railsbank platform

Railsbank, the UK-based open-banking and regtech platform, and Cornercard UK, the UK’s leading business to business card issuer, announced at Paris Fintech Forum today a strategic partnership.

31 January 2018

News/Open APIs

Macquarie leads Australian move to Open Banking model with first live deployment

Macquarie Bank is getting a head start on the Australian Government's push for Open Banking by sharing customer data feeds with Zip's personal financial management app Pocketbook.

31 January 2018

News/Open APIs

GoCompare opens up APIs to fintech firms

UK price comparison site GoCompare is opening up its APIs to fintech firms, letting them pump in anonymised transaction data for analysis.

31 January 2018

Company update/Open APIs

TrueLayer connects with Monzo API

TrueLayer, a leading provider of financial APIs, has integrated with challenger bank Monzo.

29 January 2018

Company update/Open APIs

Tenant credit rating platform CreditLadder joins Open Banking movement

CreditLadder.co.uk is the first tenant credit rating improvement platform in the UK to integrate the new Open Banking rules into both its business model and tech.

29 January 2018

News/Open APIs

Yolt claims first connection to CMA9 bank under Open Banking shakeup

Yolt, the smart money management app owned by ING, has become the first third party provider to complete a successful connection with a CMA9 bank - Lloyds - under the new Open Banking system.

25 January 2018