Leading Firms Collaborate with Mastercard to Further Secure Open Banking Ecosystem

Mastercard announces three key financial firms as the latest companies to start using Mastercard Open Banking Protect, safeguarding organisations who manage customer accounts against compromised or unauthorised third-party providers (TPPs). Aion, DiPocket and Modulr have all signed agreements to use the Protect solution, which is a key component of Mastercard’s Open Banking Solutions™ portfolio of market-leading applications and services to... more Read more »

Sopra Banking Software signs strategic partnership with Tink

Sopra Banking Software (SBS), a global leader in digital banking and financing software, announces a strategic channel partnership with Tink, Europe’s leading open banking platform. Two European Fintech leaders in digital banking combine their technologies and expertise. Read more »

Resurs Bank partners with Nordic API Gateway for open banking services

Today the open banking platform Nordic API Gateway announces its latest partnership with Nordic niche bank, Resurs Bank, creating new innovative and customer-centric solutions with account aggregation and payment initiation to improve the customer experience.  With a customer base of approximately six million people across Sweden, Norway, Denmark and Finland, Resurs Bank is the leading niche bank with extensive experience in developing flexible... more Read more »

FIME accelerates open banking API innovation & compliance with automated test solution

FIME has released a new version of its automated open banking API test solution, TrustAPI+, including support for The Berlin Group, one of the largest open-access API standards. Read more »

Revolut launches account aggregation feature in Ireland

Revolut has launched its Open Banking feature in Ireland, providing customers with aggregated account data from AIB, Permanent TSB, Ulster Bank, and Bank of Ireland. The new Open Banking offering has been built in partnership with financial API provider TrueLayer. The collaboration also marks TrueLayer’s launch into the Republic of Ireland. With Open Banking, over 1 million of Revolut’s Irish retail and business customers can now connect their... more Read more »

Worldpay from FIS Enables Instant Payments from Your Bank Account through Open Banking Hub

FIS® (NYSE: FIS), a global leader in merchant and financial services technology, today announced Open Banking Hub, an innovative new payment solution for its Worldpay merchant clients and their consumers. Merchants who enable this digital bank account payment method in their online stores can allow their consumers to pay for purchases directly from their bank account, while also allowing consumers to view their bank account balance in real time... more Read more »

Money Dashboard Chooses Token For Payments Capability

Leading open banking infrastructure provider, Token.io, and the award-winning personal finance management tool, Money Dashboard, today announce that Token PayTM has been integrated into the new Money Dashboard app to power a range of smart open banking payment services for users. The integration enables thousands of UK consumers to initiate instant, low cost account-to-account (A2A) transfers from within the app. Read more »

Nuapay and Felloh! team up to slash the cost of processing charitable donations by 50%

Today, open banking pioneer Nuapay, a Sentential company, announces its partnership with Felloh!, UK-based startup with a mission to transfer £1bn in reduced payment processing costs to donations for charities and social enterprises. The partnership enables social enterprise Felloh! to premier its open banking payments button. Read more »

illimity Hubs has arrived, an innovative collaboration model that makes its debut with MiMoto and Fitbit

Just 9 months after its launch on the market, illimity’s digital direct bank has come out with an absolute first for the sector, illimity Hubs, an innovative collaboration model fully in line with both an open banking and open platform approach. Read more »

Yolt Technology Services partners with Jortt to provide PSD2 services to the online accounting platform

Yolt Technology Services (YTS), the leading European open banking provider, has been chosen by Dutch accounting software provider Jortt to provide API technology to power its services. Read more »

TransUnion Launches Enhanced Open Banking Solution as COVID-19 Puts Affordability in the Spotlight

TransUnion has launched the latest evolution of its end-to-end, API-driven Open Banking solution, designed to assess income and expenditure, affordability and creditworthiness. New developments are wide-ranging, with improved analytics capabilities and a streamlined screen journey which includes anti-money laundering (AML) checks. These checks must be conducted as part of the Open Banking process, and are additional to the AML checks that the... more Read more »

Nuapay appointed to deliver Payment Initiation Services to UK Public Sector

Leading provider of account to account payment solutions, Nuapay, today announces that it has been selected to join the UK Government Crown Commercial Service’s Payment Acceptance Framework. This will enable public sector organisations to benefit from accepting open banking payments through Payment Initiation Services for the first time. Read more »

11:FS and Plaid joint report examines how open finance will shape the next generation of digital financial services

11:FS, the challenger firm defining and building truly digital financial services, and Plaid, the technology company powering digital apps and services millions of people rely on to manage their finances, have released a joint report on the transition from open banking toward open finance. The report, “Open finance: shaping the future of financial services” considers the transformative impact of the UK's Open Finance framework across a customer’... more Read more »

74% of UK Electronic Money Institutions (EMI) Brands are still not PSD2 Open Banking compliant

Nine months after the regulation went live, nearly three-quarters of EMI Brands in the UK have yet to implement a PSD2 Open Banking compliant interface. What are the reasons for this? There are three possible explanations. These organisations may simply not understand that they need to comply with the regulation, they may not have prioritised it yet, or, they may feel that any penalties imposed by the FCA won’t affect them. Read more »

Tink extends Open Banking support for PayPal and receives strategic investment

Tink will now support PayPal (NASDAQ: PYPL) across Europe as it leverages opportunities with PSD2 and open banking. This extended work together is supported by a second strategic investment from PayPal.  Read more »


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