Open Banking Expo returns to shape the future of Open Banking

Open Banking Expo will bring together the innovators, disruptors and visionaries who will shape the future of Open Banking. Leaders and experts from financial services, fintech and regulation will reveal  lessons learned from year one and what Open Banking 2.0 looks like. Read more »

Newest WSO2 Open Banking Release Helps Banks Speed PSD2 RTS Compliance

Banks and financial institutions across the European Union (EU) and United Kingdom (UK) are sprinting to meet the EU’s Second Payment Services Directive (PSD2) Regulatory Technical Standards (RTS) deadline on September 14, 2019. With the newest release ofWSO2 Open Banking, WSO2 adds significant new security features aimed at facilitating PSD2 RTS compliance: Read more »

Ping Identity, Utilized by Many of the CMA 9, Passes FAPI Conformance Test as UK Open Banking Adoption Grows

Ping Identity, the leader in Identity Defined Security, today announced its successful completion of the Financial-grade API (FAPI) conformance testing, as part of the process defined by Open Banking Ltd. Read more »

WSO2 Open Banking Release Helps Banks Speed PSD2 RTS Compliance

Banks and financial institutions across the European Union (EU) and United Kingdom (UK) are sprinting to meet the EU’s Second Payment Services Directive (PSD2) Regulatory Technical Standards (RTS) deadline on September 14, 2019. With the newest release of WSO2 Open Banking, WSO2 adds significant new security features aimed at facilitating PSD2 RTS compliance: Read more »

TurkishBank UK Partners with Token for PSD2 Compliance

TurkishBank UK, an in-branch and internet banking provider for retail and business customers, has partnered with Token.io Limited to provide third parties regulated, PSD2 compliant access to its UK retail and business customer accounts. Read more »

FIME Launches Automated Open Banking API Testing Solution

FIME has announced the availability of TrustAPI, a fully automated test tool for open banking APIs. Banks and Third-Party Providers (TPPs) can now quickly verify APIs against PSD2-compliant standards, fast-tracking the launch of open banking services. Read more »

SpareBank 1 Chooses Nets for Open Banking

Norwegian bank group SpareBank 1 announces it has selected Nets to provide its open banking infrastructure. The group of 14 savings banks will implement Nets Access to Account Services (NAAS) - a single platform that enables access to banks across the Nordics and Europe. Read more »

Casper von Koskull will be retiring from Nordea by end of 2020

Nordea Bank Abp – Inside information Given speculation in the market, Nordea can confirm that Casper von Koskull, President and Group Chief Executive Officer, has decided to retire from Nordea Bank Abp by the end of 2020. The Board of Directors of Nordea has initiated the process of finding his successor. Once the process is finalised the exact timeline for the handover will be announced. Read more »

Token and Icefire were chosen by TBB for PSD2 compliance

Turnkey open banking platform provider, Token.io, today announces it has been chosen by Tallinn Business Bank (TBB) to deliver PSD2 compliance in partnership with technology provider Icefire. TBB is the oldest commercial bank operating in Estonia. Icefire is integrating Token PSD2TM into the bank’s infrastructure to establish compliance with the Second Payment Services Directive (PSD2) before the September 14thdeadline. Read more »

Token Announced a $16.5m Strategic Investment from Opera Tech Ventures and Additional Strategic Investors

Token, the turnkey open banking platform, today announced a $16.5m strategic investment from a pool of investors, including Opera Tech Ventures, the venture arm of BNP Paribas - one of the world’s largest banks - and two other visionary banks headquartered in the Middle East and Southeast Asia.  Existing investors, including Octopus Ventures and EQT Ventures, also participated in the investment. Read more »

Cybertonica and Credit Kudos Partner Using AI to Disrupt Consumer Lending

Cybertonica and Credit Kudos announced at Money20/20 a new partnership using their combined platforms to automate credit scoring, harnessing Open Banking. Credit Kudos is an FCA-authorised challenger Credit Bureau and Account Information Service Provider (AISP) that uses financial behaviour to measure creditworthiness. Read more »

According to Nuapay Report 89% of Merchants are Primed for Open Banking

89% of airline, supermarket and subscription economy merchants are primed for Open Banking and have assessed the impact it will have on their business a new piece of research commissioned by Nuapay, a Sentenial company, has revealed. While the financial services market has been slow to swing behind Open Banking since the launch of PSD2 a year and a half ago only 11% of merchant respondents admitted that they have not yet assessed the impact Open... more Read more »

Yolt for Business API will be Supporting Open Banking Services for ING,Payvision & Funding Options

Yolt, the smart money platform has today announced it will continue its mission to change the financial landscape across Europe by supporting open banking capabilities for three new clients. The Yolt for Business API, which launched in February this year, offers businesses a single API that enables account information services (AIS) and payment initiation services (PIS), along with an ambitious list of future features - enabling businesses to... more Read more »

Tink Announced Strategic Investment from PayPal

​Open banking platform Tink today announced a strategic investment from PayPal (NASDAQ: PYPL) to continue its expansion across Europe. With this investment, PayPal has agreed to partner with Tink to leverage its Account Aggregation technology to improve product experiences for PayPal customers.  Read more »

Yolt Partners with Simplesurance Insurance Platform

Yolt, the smart thinking money app, has expanded its network of partners today, announcing a new in-app partnership with insurance platform, simplesurance. All its users in the UK, Italy and France will now be able to apply for mobile phone insurance directly from their Yolt app, making simplesurance the first pan-European insurance partner for Yolt. Read more »

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