The Nordics have the potential to become the most successful open banking market in Europe thanks to the region’s highly digital society and quick adoption of new technologies, according to a report launched today by open banking platform Nordic API Gateway. But how is the Nordic region driving new opportunities across industries and leading the changes with open banking? How have businesses leveraged open banking to create value and meaningful products? And are there any further learnings here for other European regions?

Last September, the European Union’s regulatory requirement for banks to open up their payment accounts via application programming interfaces (APIs) came into effect. Since then, open banking has taken centre stage within European retail banking and payments. In this blog, Elina Mattila, Executive Director at Mobey Forum, shares insight into how emerging consumer attitudes may impact open banking services in the coming months.

 Shield is proud to announce the launch of its new Advanced Workflow function as part of the Shield eComms Surveillance platform.

Today the British Business Bank has announced that it has approved two new lenders for accreditation under the Bounce Bank Loan Scheme. The scheme is intended to target small and micro businesses in all sectors^[1], with loans from £2k up to 25% of the business’ turnover with a maximum loan of £50k.

TCS Group Holding PLC (LI: TCS, MOEX: TCSG) (“Tinkoff”, “We”, the "Group", the “Company”), Russia's leading provider of online financial and lifestyle services via its Tinkoff ecosystem, today announces its interim condensed consolidated IFRS results for the three months ended 31 March 2020.

Oliver Hughes, CEO of Tinkoff Group, commented:

Bitfinex, a state-of-the-art digital asset exchange, and Koine, a London-based digital asset custody provider, have launched an institutionally oriented post-trade service, enabling investors to mitigate counterparty risk and the use of private keys in the clearing and settlement of cryptocurrencies. 

Colt Technology Services, a leading provider of agile, high-bandwidth connectivity solutions, today announced further latency reductions on critical PrizmNet routes in Europe, ensuring best-in-market low and ultra-low latencies for the Capital Markets.

Signicat, the Trusted Digital Identity™ company, now offers identity verification and authentication services with integrated support for the new German digital identity card, Neue Personalausweis (nPA). Signicat is the first international business to be certified as an Identification Service Provider, and second only to Germany’s Bundesdruckerei, the manufacturer of banknotes, passports, and identity cards.

In the current climate with many working from home, Investors across the UK and Globally have their own investment needs. These needs are best met by products and services geared with them in mind. Capital Platform is quickly endeavoring to fill this role by working to connect investment products and services with private investors, funds houses, advisors and intermediaries. Strict due diligence is at the top of the list before approving any investment. So far over 15,000 members have signed up on the platform, gaining valuable access to the products and tax services being presented.

Volante Technologies, a global provider of payments and financial messaging solutions to accelerate digital transformation, today announced that Niche Global, a rising fintech player, has selected Volante’s cloud-based