Increased regulatory burden is hampering smooth and timely onboarding of customers, as banks struggle with technology implementation and budget parameters, according to financial industry professionals surveyed in a new paper by Finextra Research.
Goldman Sachs Investment Partners has led a $44 million funding round in Plaid Technologies, a platform that lets the likes of Venmo and Transferwise connect with their users' bank accounts.
Challenger banks will feature heavily in the upcoming Swift Business Forum in London. Craig Donaldson, CEO at Metro Bank UK, is joined by keynote speaker Sir David Clementi, ex-deputy governor of the Bank of England and chairman of Virgin Money.
Dotcom boom survivor Yodlee is finally ready to go public, fifteen years after makingg its debut as a novel screen-scraping service for bank account aggregation.
Citibank is to participate in a beta roll-out of Manilla, a free personal account management service that helps consumers securely manage all of their household accounts including bills, finances, travel rewards programs and subscriptions in one place online.
UBS is reporting its netted exchange data usage direct to the London Stock Exchange as part of a new 'per-user' programme, which allows firms to directly report their global real-time terminal inventory to the LSE.
UK-based personal finance start-up Kublax has folded after failing to secure new investment.
Yodlee, a US provider of online bill payment and account aggregation technology, has raised $35 million in a financing round led by Bank of America.
17 October 2007 | 4669 views | 0
US Web 2.0 startup Mint, which provides an online account aggregation and management service, has raised $4.7 million in a series a funding round led by Shasta Ventures.