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 8 months 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 8 months 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 8 months 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 9 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 9 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 9 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 9 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 10 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 10 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 10 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.
Tink and An Post Expanding Partnership to Offer Help Across Ireland
- 1 year 10 months ago
- Open Banking
Tink, the market leader in open banking, has announced the expansion of its existing partnership with Irish postal services provider An Post.
Payhawk Partners with Yapily to Provide More Convenient Bank Account Top-ups Across Europe and UK
- 1 year 10 months ago
- Open Banking
Payhawk, the fast-growing spend management platform, which combines company cards, reimbursable expenses, and accounts payable in one solution, today announces it has partnered with open banking API, Yapily, to create a seamless and instant payment experience for finance teams when upgrading their Payhawk wallets.
InvestEngine Partners with TrueLayer to Bring Open Banking-powered Variable Recurring Payments to UK Investing
- 1 year 11 months ago
- Open Banking
Exchange-traded funds (ETF) investment platform, InvestEngine, and leading open banking payments network, T
Building the Bank of the Future with Open Data
- 1 year 11 months ago
- Open Banking
Frollo has launched a campaign for the mutual bank sector on Building the Bank of the Future with Open Data. Customer-owned banks are ideally placed to benefit from the consumer data right (CDR). Frollo has created a content series to show a path forward for mutuals that want to either understand how to get started or how they can best utilise the Open Data opportunities to further improve their customer outcomes and future-proof their... more
