Yapily raises $13m in Series A funding to drive the global open finance revolution
- 4 years 7 months ago
- Open Banking
Leading enterprise connectivity platform Yapily has today announced that it has raised $13m in a Series A funding round. The fintech will use the investment to drive open banking adoption by organisations across Europe; providing a strong, secure and powerful connectivity layer that enriches customer experiences and creates financial opportunity. The investment was led by Lakestar, an early investor in Skype, Spotify, Airbnb and Facebook as well... more
Lendonomy selects Neonomics to build Norway’s very first PSD2 crowdlending solution
- 4 years 7 months ago
- Blockchain, Lending, Open Banking
Lendonomy, a Norwegian fintech startup that is developing a blockchain-based “Airbnb for lending” targeting GenZ, and Neonomics, a leading provider of open banking APIs have announced a new partnership agreement. The solution enables Norwegian customers of Lendonomy to instantly and securely lend and borrow small amounts of money to and from each other with payments powered by the Neonomics open banking API. The partnership is the first... more
National initiative launched by Fintech Tully aims to help 17 million people in the UK who have been financially impacted by COVID-19
- 4 years 7 months ago
- Open Banking, Personal Finance, Banking
Tully, Nottingham-based Fintech, has today announced the launch of their COVID-19 Relief and Wellbeing Network to help people financially impacted by the COVID crisis get access to payment relief.
Billingo to digitalize the billing services with Salt Edge data aggregation
- 4 years 8 months ago
- Open Banking, e-billing, e-Invoicing
Billingo, the second-largest online invoicer in Hungary joined hands with Salt Edge, a leader in developing open banking solutions, to become the very first online biller in the country to offer a range of opportunities fuelled by bank data aggregation, without having their own PSD2 licence. Open banking started its journey in Hungary in September 2019 when PSD2 was transposed into national law. A high level of technological development in the... more
Open Banking growth spurs BIAN’s global memberships
- 4 years 8 months ago
- Open Banking
Independent not-for-profit standards association, The Banking Industry Architecture Network (BIAN), today officially welcomes a host of new members to its organisation. This includes a range of banks, consultancies and technology businesses such as, U.S. Bank, Banco de Credito del Peru, Bank Leumi, SPD Bank, UOB, CC&C Solutions, Knowis AG, Deloitte Consulting, SunTec Business Solutions, Technisys, Wipro and ServiceNow.
iDelta launches Open Banking Insights app to help high street banks strike back against online challenger brands
- 4 years 8 months ago
- Open Banking
In response to new regulations on ‘Open Banking’, Edinburgh-based iDelta has launched an app to help bricks-and-mortar banks combat the rapid rise of online challengers such as Revolut and Monzo. Open Banking, which is the UK’s implementation of the European Directive PSD2, requires the UK’s 300 banks and 45 building societies to release customer data to authorised third parties on the say-so of customers. As a result, customers can access their... more
Elavon and Nuapay collaborate to provide open banking in Europe
- 4 years 8 months ago
- Open Banking, Payments
Elavon, a global payments leader, has announced a collaboration with Nuapay, the London-based subsidiary of payments pioneer Sentenial, to provide selected open banking solutions to Elavon customers.
Open Banking Expo Prepares Delegates for Consumer-directed Finance Rollout
- 4 years 8 months ago
- Open Banking, Banking
Open Banking Expo returns to Toronto on June 9, 2020 to prepare delegates for likely legislative action as a result of the second phase of the Government’s Open Banking consultation. The agenda is now live at https://www.openbankingexpo.com/toronto/#agenda.
I2C Expands Presence in Middle East and Africa
- 4 years 8 months ago
- Open Banking, Payments
i2c Inc., a leading provider of payment and open banking technology, today announced it is expanding its presence in the Middle East and Africa (MEA) due to high demand in the region for its solutions. i2c partners with financial institutions, fintechs and governments using its unique i2c agile processing technology and APIs to bring innovative credit, debit, prepaid, and multi-currency solutions to market quickly.
Salt Edge helps Keysafe to speed up tenants verification via Open Banking
- 4 years 9 months ago
- Open Banking
The UK-based tenant referencing company Keysafe has inked a partnership with Salt Edge, a leader in offering Open Banking solutions, to securely access tenants’ bank data without the need to acquire its own PSD2 licence.
Yolt Technology Services joins advisory group for NextGen PSD2
- 4 years 9 months ago
- Open Banking
Leading open banking provider Yolt Technology Services (YTS), has announced it has joined the Berlin Group’s advisory panel for NextGenPSD2. The advisory panel, which is part of the NextGenPSD2 Taskforce, is aimed at helping to shape the development and future adoption of PSD2 compliance in Europe.
StepChange brings Money Coaching to clients with innovative new partnership with OpenWrks
- 4 years 9 months ago
- Open Banking
StepChange Debt Charity has today confirmed that it is entering into an exciting new partnership with fintech innovator OpenWrks to bring the opportunities offered by Open Banking into its services.
The Emerging Payments Association Asia outlines how Asia Pacific can lead innovation in Open Banking
- 4 years 9 months ago
- Open Banking, Payments
The Emerging Payments Association Asia (EPAA), the leading pan-Asian payments association in Asia, has released a ground-breaking research report on Open Banking in APAC, outlining challenges, opportunities and recommended approaches for Asia-Pacific’s financial sector. The report was presented to ABAC (APEC Business Advisory Committee) in Sydney on February 14, 2020 to assist with APEC Interoperability policy.
Konsentus and Openitio collaborate to streamline PSD2 implementation
- 4 years 9 months ago
- Open Banking, RegTech
PSD2 technology platform and interface provider, Openitio, partners with identity and regulatory checking solution provider Konsentus to offer Financial Institutions a quick and easy way to comply with PSD2 MCI publishing requirements, and the imminent March 14 deadline in UK. London headquartered Openitio delivers ready to install PSD2 interface technology as required under the PSD2 regulation. Their Modified Customer Interface (MCI) can be... more
PSD2 education and awareness creating barriers to growth and innovation for UK fintechs
- 4 years 9 months ago
- Open Banking, Payments
Yolt Technology Services (YTS), Europe’s leading open banking third party provider, is urging the industry to do more to promote the consumer benefits of Open Banking and the revised Payments Services Directive (PSD2), to support growth in the Fintech sector.
