19 August 2017
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EBA rejects Commission amendments on screen scraping under PSD2

EBA rejects Commission amendments on screen scraping under PSD2

30 June 2017  |  19809 views  |  16 comments | 45 tweets | 62 linkedin

The latest twist in the ongoing row between banks and fintech companies over the future of customer data sharing under the revised Payment Services Directive (PSD2) comes courtesy of the European Banking Authority, which has rejected a proposed amendment to the rules from the European Commission that would have allowed for the continuation of screen scraping.

Providing knowledge and access to networks is the future of banking - Rabobank CEO

Providing knowledge and access to networks is the future of banking - Rabobank CEO

28 June 2017  |  6682 views  |  0 comments | 10 tweets | 17 linkedin

Rabobank chairman of the executive board Wiebe Draijer has given an insight into his vision for the future of banking in the fintech age, arguing that providing knowledge and access to networks, not products, will be what drives his industry.

InvestCloud to open London fintech incubator

InvestCloud to open London fintech incubator

28 June 2017  |  4668 views  |  0 comments | 7 tweets | 3 linkedin

California-based InvestCloud is opening a fintech incubator and accelerator in London, inviting firms to take advantage of its platform in developing digital wealth management tools.

Ingenico invests in conversational commerce startup Joinedapp

Ingenico invests in conversational commerce startup Joinedapp

28 June 2017  |  4985 views  |  0 comments | 5 tweets | 4 linkedin

Ingenico has led a seed funding round for Californian conversational commerce outfit Joinedapp.

Visa invests in Klarna

Visa invests in Klarna

27 June 2017  |  10587 views  |  2 comments | 24 tweets | 19 linkedin

Visa is set to buy a stake in Klarna as part of a planned strategic partnership with the Swedish payments firm focussed on pushing online and mobile commerce in Europe.

Spanish PFM app Fintonic raises EUR25m

Spanish PFM app Fintonic raises EUR25m

27 June 2017  |  4601 views  |  2 comments | 7 tweets | 3 linkedin

Spanish personal finance management app Fintonic has raised EUR25 million in a funding round joined by ING Group and insurance outfit PSN.

Consumer uptake of fintech services surges - EY

Consumer uptake of fintech services surges - EY

26 June 2017  |  7731 views  |  1 comments | 17 tweets | 19 linkedin

Consumer uptake of innovative fintech products is set to be embraced by the mainstream as adoption levels surge among digitally-savvy consumers, according to a study by Ernst & Young.

European savings and co-operative banks join screen-scraping row

European savings and co-operative banks join screen-scraping row

26 June 2017  |  8268 views  |  1 comments | 11 tweets | 11 linkedin

Trade groups representing over 5000 European savings and co-operative banks have called on the European Banking Authority to reject Commission amendments to the revised Payment Services Directive which would require banks to provide a fall-back interface to screen-scraping technology for third party access to consumer bank data.

Ireland to provide launchpad for Starling flight into Europe

Ireland to provide launchpad for Starling flight into Europe

26 June 2017  |  4053 views  |  0 comments | 5 tweets | 4 linkedin

UK challenger Starling Bank is preparing to expand into Europe, launching its first euro-denominated current account in Ireland.

Starling opens community site and previews product roadmap

Starling opens community site and previews product roadmap

23 June 2017  |  6198 views  |  0 comments | 5 tweets | 5 linkedin

App-only Starling Bank is giving customers a sneak peak at its product plans over the coming year, with support for Apple Pay and Android Pay, joint accounts, goal-based savings features and additional mobile-controlled card security options on the way.

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