One in Three Nations Now on the Open Banking Journey, Konsentus Study Shows
- 1 year 1 month ago
- Open Banking
A new study from the Open Finance technology and advisory services provider Konsentus has found that there are now more than 65 national open banking programs globally.
TrueLayer Becomes First European Open Banking Payment Option Offered to Stripe Customers
- 1 year 1 month ago
- Open Banking
TrueLayer, Europe’s leading open banking payments network, today announces that it has become the first European open banking payment option listed on Stripe’s Payment Element, allowing Stripe merchants across the UK and EU to display TrueLayer as a payment method for their customers.
Prommt Reports 100 per cent Increase in Open Banking Adoption Rates
- 1 year 1 month ago
- Open Banking
Leading payment platform Prommt has, today, announced adoption of its Pay by Bank solution has more than doubled, with businesses processing tens of millions per month through open banking across the UK and Ireland,
Ecommpay Elevates Its Open Banking Product Suite with a Сutting-Edge Addition
- 1 year 1 month ago
- Open Banking
Ecommpay, a leading international payments service provider and direct bank acquirer, launches Open Banking Select - the latest addition to Ecommpay's integrated Open Banking payment suite. It offers greater control and scale over payment routing options, a consistent user experience, and all the features of Open Banking Advanced.
A2A and Salt Edge Come Together to Support Open Finance in Jordan
- 1 year 1 month ago
- Open Banking
The Central Bank of Jordan (CBJ) has taken a significant step towards modernising the financial services landscape in the Kingdom by unveiling comprehensive guidelines for Open Finance services. These guidelines apply to all banks operating within the jurisdiction of CBJ, as well as online payment and money transfer companies under CBJ’s supervision and control.
New Open-banking Powered Tool Launches to Help People Build Credit Score via Everyday Spending as One in Four are Denied Credit due to a Poor Score
- 1 year 1 month ago
- Open Banking
New research shows a quarter (23%) of Brits have been denied credit due to their poor credit score - this equates to over seven million people across the UK - with around four in ten (43%) wanting an easier way to build their credit score that doesn’t involve taking out new lines of credit. BuildMyCreditScore, which launches today, bridges this gap by using open banking technology to empower people to build their credit score simply through... more
At Least 75% of PSPs and ISVs Plan to Implement Open Banking Payments by 2025
- 1 year 1 month ago
- Open Banking
Today, Nuapay, EML Payments’ Open Banking and account-to-account (A2A) payments business, announces further results of research into over 250 UK payment professionals’ views on the potential for Open Banking. Of the Payment Service Provider’s (PSPs) and Independent Software Vendor’s (ISVs) that were surveyed, more than 75% of PSPs and 80% of ISVs already enable their customers to accept Open Banking payments.
European Brands to Generate €626 Billion by 2028 with Embedded Payments and Embedded Banking Solutions
- 1 year 1 month ago
- Open Banking
New data from OpenPayd, a leading global payments and Banking-as-a-Service (BaaS) platform, shows that European brands expect to generate €626 billion over the next five years by implementing embedded payments and embedded banking solutions. The UK is on track to net nearly half (49%) of this market share.
XYB Partners With Google Cloud to Bring Generative AI to Coreless Banking Platform
- 1 year 2 months ago
- Open Banking
Today, XYB, a visionary provider of an end-to-end 'coreless' banking platform, is announcing a collaboration with Google Cloud to bring generative AI within its coreless banking platform. The partnership will empower banks, non-banks and fintech companies to expedite the creation of innovative and compliant financial products, while significantly streamlining the process.
Tarabut Gateway Unveils Brand Refresh: Introducing "Tarabut"
- 1 year 2 months ago
- Open Banking
Tarabut Gateway, MENA’s leading open banking platform, unveils its brand refresh, ushering in a new era as “Tarabut.” The brand refresh reinforces the company’s unique positioning in redefining open banking and connecting the entire financial ecosystem to create an accessible, personalised, and interconnected financial landscape.
Tuum and Paymentology Collaborate to Provide Banks and Fintechs Access to a Global Gateway for Card Management and Payment Processing Solutions
- 1 year 2 months ago
- Open Banking
Tuum, leading next-gen core banking provider, and Paymentology, the world's premier next-gen global issuer-processor, have solidified a strategic partnership aimed at introducing a comprehensive, pre-integrated card payment processing and core ledger solution tailored for the European and Middle East markets.
BNY Mellon Launches Bankify
- 1 year 2 months ago
- Open Banking
BNY Mellon today announced the launch of BankifySM, an open banking payments solution that helps organizations receive consumer payments from bank accounts, with a seamless user experience and that offers guaranteed funds for business receivables.
Orion Signs License Agreement with Temenos to Expand Market Reach in Ireland, Bulgaria, Hungary and Slovakia
- 1 year 2 months ago
- Open Banking
Temenos today announced that Orion, a leading digital transformation and product development services firm, has signed an agreement to license and further develop Temenos Country Model Banks for financial institutions in Ireland, Bulgaria, Hungary and Slovakia. The agreement opens new opportunities for growth with enhanced local functionality and service capability in these markets.
Moneysoft Delivers Open Banking Win for Australian Financial Advisers and Superannuation Funds, Powered by Envestnet | Yodlee
- 1 year 3 months ago
- Open Banking
In a win for the Australian financial advice industry, Sydney-based financial software company Moneysoft has turned on open banking data feeds for its industry-leading client engagement software that is used by more than 250 financial advisers, mortgage brokers and money coaches across Australia. Moneysoft is working with accredited data recipient Envestnet® | Yodlee® to access open banking data under Australia’s Consumer Data Right (CDR).
Juniper Research: Credit Scoring Market to Generate Almost $27bn in 2023; Driven by Open Banking and AI
- 1 year 3 months ago
- Open Banking
A new study from Juniper Research, the foremost experts in financial technology markets, expects credit scoring services to grow by 67% to $44 billion by 2028.
