UK Travel Spending via Open Banking Jumps 230% in 2025 So Far
- 2 days 3 hours ago
- Open Banking
Trustly, the global leader in Open Banking, has revealed UK holidaymakers spent 230% more year-on-year on travel in January 2024 using the secure account-to-account payment technology. January is often the most popular month to book holidays with many businesses offering discounts at the start of the year. The research shows the growing use of Pay by Bank among both consumers and businesses in the industry.
Open Banking API Call Volume to Surpass 720 Billion Globally by 2029
- 3 days 5 hours ago
- Open Banking
A new study from Juniper Research, the foremost experts in fintech & payments markets, has found the number of Open Banking API calls globally will increase 427%, from 137 billion in 2025.
Paynet Partners With Salt Edge to Meet Moldova’s PSD2 Requirements
- 1 week 3 days ago
- Open Banking
Paynet, Moldova’s first digital wallet and a leading electronic money institution (EMI), joins forces with Salt Edge, a global leader in open banking services, to comply with the country’s PSD2 regulations.
TrueLayer Hits 10 Million Consumers, Acquiring a New User Every 3 Seconds
- 2 weeks 2 days ago
- Open Banking
TrueLayer, Europe’s leading Pay by Bank provider, is proud to announce that its consumer network has now surpassed 10 million active users, with a new user now joining every 3 seconds. This rapid growth highlights the accelerating demand for seamless, secure and cost-effective digital payments, with TrueLayer’s Pay by Bank solution leading the charge.
GoCardless and Financial Cloud Partner to Simplify Payments With Direct Debit and Open Banking
- 3 weeks 2 days ago
- Open Banking
Financial Cloud, a leading provider of enterprise software solutions, has partnered with global bank payment company GoCardless to improve payments for financial service providers in the UK. This collaboration will see GoCardless’ Direct Debit payments and Instant Bank Pay (IBP), its open banking payment feature for one-off payments, embedded directly into the Financial Cloud CRM platform.
FCA and PSR Set Out Next Steps for Open Banking
- 1 month 6 days ago
- Open Banking
Open banking is a UK success story with over 11.7 million active users and over 22.1 million open banking payments made monthly. There was significant progress in developing open banking in 2024, thanks to voluntary funding from 20 leading firms. This included:
Santander Goes National in the United States with Openbank, Bringing High Yield Savings Opportunities to More Americans
- 2 months 2 weeks ago
- Open Banking
Santander Bank has officially launched Openbank, a new digital banking platform, whose initial offering brings high yield savings opportunities to more Americans.
Saga Partners With Salt Edge To Help Serbian Banks Comply With Local PSD2 Requirements
- 2 months 2 weeks ago
- Open Banking
Saga, one of Serbia’s leading IT companies, has partnered with Salt Edge, a global pioneer in Open Banking solutions, to support Serbian banks in meeting the latest Open Banking regulatory requirements. This collaboration follows Salt Edge’s recent expansion into the Republic of Serbia.
118 118 Money Partners With D•One For Open Banking Services
- 2 months 2 weeks ago
- Open Banking
D•One, the open banking business unit from The ClearScore Group, has announced a partnership with 118 118 Money to provide open banking connectivity and transaction categorisation intelligence. 118 118 Money specialises in loans and credit cards for the underserved near-prime market. It will take open banking data for prospective borrowers from D•One so that it can assess affordability for prospective borrowers, both on its site and via the... more
Neonomics Selected By Leading Investment Platform Kameo To Streamline Payments Through Open Banking With Nello Pay
- 2 months 2 weeks ago
- Open Banking
Neonomics, a leading open banking company, is pleased to announce that it has been selected by Kameo, one of the fastest growing Scandinavian investment platforms to make it easier for users to streamline and automate their payments through open banking. By seamlessly connecting Kameo users to their bank accounts across all Sweden, Norway and Denmark, Nello Pay will enable faster and more efficient payments that simultaneously reduce costs while... more
Innovance and Salt Edge—A Strategic Collaboration to Boost the Delivery of Open Banking Solutions in the EMEA
- 3 months 2 weeks ago
- Open Banking
Innovance Technologies, a leading software development powerhouse that delivers end-to-end solutions to financial institutions, joins hands with Salt Edge, a global leader in open banking, to boost the delivery of open banking solutions in the EMEA region.
Digital Wallets and Open Banking Set to Dominate Payments in 2025, According to Merchants
- 3 months 2 weeks ago
- Open Banking
A recent survey of merchants conducted by payabl., one of Europe’s leading financial services providers, reveals digital wallets and Open Banking as pivotal forces set to transform the payments landscape in 2025.
Equifax UK Launches Open Banking Solution to Simplify Utility and Telecom Social Discounts for Consumers
- 3 months 3 weeks ago
- Open Banking
Equifax UK has launched a new digital customer onboarding journey to help certain utility and telecoms providers automate customer eligibility assessments for social tariff discounts, making it simpler and easier for consumers to apply, and helping them access discounts and special pricing plans available for households facing financial hardship.
New Report From 11:FS And GoCardless Predicts Open Banking Adoption Trends Over Time, As Almost A Quarter Of UK Businesses Already ‘Very Familiar’ With The Technology
- 4 months 1 week ago
- Open Banking
Open banking adoption is on the rise and gaining momentum -- but its development is at a pivotal point if the technology is to reach true ubiquity, according to a new report released by consultancy 11:FS and bank payment company GoCardless.
Raidiam Launches New Advisory Service To Support Open Banking Adoption
- 4 months 2 weeks ago
- Open Banking
Today, Raidiam, the global expert in data-sharing technologies, has launched a new service, Raidiam Advise. Building on Raidiam’s unrivaled expertise in designing and delivering world-class data sharing ecosystems, this suite of specialised advisory services will further support clients in the development of secure and trusted open banking and smart data ecosystems.
