LUXHUB, a Leading European Open Banking Innovator, Secures Additional €7.4M
- 4 years 6 months ago
- Open Banking
LUXHUB today announced that it has secured an additional €7.4 million in an internal funding round with its founder banks, Banque Raiffeisen, BGL BNP Paribas, POST Luxembourg and SPUERKEESS, cementing its position as one of Europe’s leading Open Banking FinTechs.
LeanDev Rebrands as Vilja
- 4 years 6 months ago
- Open Banking, Core Banking, Cloud
For years, LeanDev has achieved great success with their cloud-based platform for banks and credit institutions. It has helped customers like Visma Finans, SevenDay Bank, OPR Finance and Erik Penser Bank, to quickly and easily launch new products and services. As the company expands outside the Nordic region, LeanDev is changing its name to Vilja. The purpose is to streamline the business and clarify the message that Vilja delivers the best... more
Deposit Solutions achieves new milestones: 150 partner banks and 25 billion euros in transmitted deposits
- 4 years 7 months ago
- Open Banking
Hamburg-based FinTech company Deposit Solutions has announced that it has reached new milestones in 2020. The company’s Open Banking platform has now transmitted a total volume of 25 billion euros in savings deposits, up from 16 billion euros 12 months ago. The growth was driven by the strong B2B business, with banks such as Deutsche Bank, Merck Finck Privatbankiers, M.M.Warburg as well as comparison portals and other partners using the platform... more
Temenos launches new SaaS propositions to help banks respond to Covid-19 while accelerating their digital transformation
- 4 years 7 months ago
- Covid-19, Open Banking, Banking
Temenos (SIX: TEMN), the banking software company, today announced the launch of eight propositions – using innovative Explainable AI (XAI) and cloud technologies – to help banks in their immediate response to the Covid-19 crisis. Temenos is supporting banks to ensure business continuity, enhance digital engagement to meet clients’ changing needs, and manage socioeconomic pressures. These Covid-19 propositions are immediately available worldwide... more
Surecomp® Sets the New Open Banking Standard for Trade Finance APIs & Gives Free Trial to Customers
- 4 years 7 months ago
- APIs, Open Banking, Trade Finance
Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced the opening of its Application Programming Interfaces (API) architecture to customers in a sandbox testing environment, setting the new open banking standard in the digitization of trade finance processing and connectivity.
Open Banking UK (OBIE) Commercial Executives join competitor Konsentus
- 4 years 7 months ago
- Open Banking, People Moves
Konsentus today announced that two senior members of the commercial team at the Open Banking Implementation Entity (OBIE), have joined Konsentus as VP, Business Development, to scale up operations as Open Banking takes off across the UK and Europe. Paul Hughes, most recently, Head of Business Development at the OBIE, also held senior positions at Vocalink, U.S. Bankcorp (Elavon), RBS and Barclays. He is joined by Peter Mortlock, a senior Sales... more
Tink study: UK financial institutions amongst most positive in EU toward open banking
- 4 years 7 months ago
- Open Banking
New data published by open banking platform Tink reveals that financial institutions in the UK are embracing the open banking opportunity more readily than their European counterparts. The survey, based on 290 senior decision makers at financial institutions in 12 European countries, found that three quarters (74%) of UK financial institutions today say they are positive about open banking, compared to a European average of 61%.
Yemen’s Fastest Growing Bank Selects Temenos
- 4 years 7 months ago
- Open Banking, Banking
Temenos (SIX: TEMN), the banking software company, today announced that Yemen-based, Al Kuraimi Islamic Bank (KIB), has selected Temenos Infinity and Temenos Transact to replace its legacy IT systems and deploy a single, cloud-native, cloud-agnostic digital banking platform to underpin its banking operations. KIB is one of the Yemen’s top 5 banks, with 1.2 million customers and it aims to reach 5 million customers by 2023.
YTS reaches 90% API coverage in the Netherlands
- 4 years 7 months ago
- Open Banking
YTS, the leading Open Banking provider in Europe, can today announce that it has reached 90% API coverage in the Netherlands. YTS already provides 95% API coverage in the UK and is actively expanding its capabilities in other European markets, including France, Italy, and Spain.
Open banking data provider AccountScore and TruNarrative join forces
- 4 years 7 months ago
- Open Banking
TruNarrative, the global RegTech company has announced a new partnership with AccountScore, to integrate Open Banking connectors into the TruNarrative platform. Enabling Risk & Compliance teams to integrate affordability scores to aid onboarding and monitoring of customers.
Fenergo Launches Remote Account Opening Solution to Accelerate Small Business Emergency Loan Approvals
- 4 years 7 months ago
- Open Banking, Fraud Detection, Compliance, AML and KYC
Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, today announces the launch of its digital cloud-based Remote Account Opening solution, ahead of schedule, in order to assist US small businesses in accessing PPP emergency loans.
VibePay means business: Gen Z payments pioneers launch open-banking powered business offer
- 4 years 7 months ago
- Open Banking, Payments
VibePay, the enterprising ecosystem behind the fast growing social payments app, today announces its open banking driven offer for businesses. The latest products will allow brands to process frictionless checkout and subscription payments online, increasing transaction success and reducing fees, whilst giving brands a gateway into their engaged Gen Z community.
Salt Edge helps Roundups create a new way of donating
- 4 years 7 months ago
- Open Banking, Payments
Salt Edge, a leader in offering open banking solutions, joined Roundups in its mission to raise millions through adding up pennies left from payment transactions and donating them to charities and non-profit organisations.
OpenPayd enhances SEPA capabilities
- 4 years 7 months ago
- Open Banking
OpenPayd, an API-first Banking-as-a-Service provider, today announced it has enhanced its payments capabilities with direct access to the SEPA payment scheme (Single Euro Payments Area). The new integration will see OpenPayd’s business customers— predominantly online marketplaces, merchant acquirers and other high growth fintechs— benefit from fast and cost-effective payment processing across the 36 participating nations of the SEPA scheme,... more
Funding Options uses Open Banking to reduce business loan decision times
- 4 years 7 months ago
- Open Banking
Funding Options, the marketplace for business finance, is now using Open Banking to make it quicker and easier for businesses to access finance. Businesses applying for finance will see their application time reduced from days and hours, to just minutes as they will no longer need to source original bank statements. Around 20 lenders have agreed to consume the Open Banking data as part of their analysis for credit decisions. These include Just... more
