Horde Picks Nordic API Gateway for Open Banking Ambitions
- 4 years 3 months ago
- Open Banking
Today Nordic API Gateway further scales its fintech reach in Norway by empowering one of the fastest growing fintech companies Horde. With the open banking collaboration, Horde is making it possible to manage loans and receive better loan opportunities by consolidating credit card debt. Alongside that Horde has launched a social lending platform in which friends and family can lend each other money in a structured way based on open banking... more
Nearly Half of Businesses Need More Assurance on Data Security to Adopt Open Banking
- 4 years 3 months ago
- Open Banking, Security, Data
42% of financial services businesses want better support and guidance on data security in relation to open banking, according to the latest research by open banking provider YTS. The survey of financial professionals including banks, lenders and retailers, revealed businesses want better education and training, alongside increased guidance, to help reduce fears around the security risks of open banking adoption. Respondents also stated that they... more
NatWest to Help Businesses Replace Cheque Use with Open Banking Payments
- 4 years 3 months ago
- Open Banking, e-Payments, IT Innovations
NatWest has today announced the launch of a major development to its flagship open banking payments service, Payit by NatWest, that will allow businesses to send payments directly to customers without needing their bank details – an industry first. The feature aims to replace the use of cheques and bank transfers when sending money to customers, allowing for instant payments to be made when issuing refunds or customer service payments, as well... more
Nuapay Expands Its Open Banking Platform Across Italy and Germany
- 4 years 3 months ago
- Open Banking, Banking
Open Banking pioneer, Nuapay, powered by Sentenial, today announces it is extending its open banking payment capabilities to German and Italian banks. Nuapay’s expansion will enable German and Italian partners to offer open banking payment solutions, powering seamless account-2-account payments for their customers.
SIX Adds Wealth Management APIs to the b.Link Open Banking Platform
- 4 years 3 months ago
- APIs, Open Banking, Management
As a member of the OpenWealth Association, SIX is launching three new interfaces for Swiss wealth management on the b.Link open banking platform. The association created by industry representatives agreed the common API standards last December. The wealth management interfaces will go live on b.Link this year. Banks will be able to connect with external asset managers via portfolio management system providers. For many banks, the new wealth... more
FCA Grants License to Yolt Technology Services
- 4 years 3 months ago
- Open Banking, Security and Compliance, Compliance
Yolt Technology Services (YTS), Europe’s leading open banking provider, has hit another milestone in its journey after being granted a PSD2 license from the FCA. This means YTS can continue with payment services activities that include Payment Initiation Services (PIS) and Account Information Services (AIS) under its own independent FCA license, as opposed to that of shareholder ING – marking a significant growth milestone for the business.
Atom Bank Joins Forces With Plaid to Help Small Businesses
- 4 years 3 months ago
- Lending, Open Banking
Atom, the UK’s first app-based bank, is collaborating with Plaid, an Open Finance platform and data network that powers the digital financial ecosystem, to roll out open banking services to its customers, beginning with offering small business owners a streamlined loan application journey and speedier decisions. Plaid enables customers to securely share their banking data with Atom, enabling a quicker response to lending applications.
Bankdata and Nordic API Gateway Partner to Empower 9 Banks with Open Banking
- 4 years 4 months ago
- Open Banking
A new Nordic collaboration is on the rise as one of Denmark's largest IT providers in the financial sector, Bankdata, has enabled open banking from Nordic API Gateway to its 9 member banks with more than 1.7 million customers. With Bankdata’s vision, to be the leading digital partner for the banking sector in Denmark, they are now fulfilling the potential of open banking by adding full access to account aggregation and payment initiation to more... more
Temenos MarketPlace Welcomes Open Banking Platform Tink
- 4 years 4 months ago
- Open Banking
Temenos (SIX: TEMN), the banking software company, today announced that Tink, one of Europe’s leading open banking platform providers, has joined Temenos MarketPlace.
Trilo Makes Its First-Ever POS Open Banking Payment
- 4 years 4 months ago
- Open Banking, Payments
On January 22nd, Trilo (Trilo Group Ltd.) powered the first ever Point of Sale (POS) payment using Open Banking at Naama Studios. The customer simply had to scan a QR code in order to make a £170 payment. In return for using Trilo, the customer also had a 1% donation made to the UK-based charity, Forward Trust, on their behalf. With this landmark payment, merchants across the UK can now offer their customers the chance to pay directly from their... more
Yapily Appoints ex-Stripe & Google Exec as CCO to Boost Rapid Growth Across Europe
- 4 years 4 months ago
- Open Banking, People Moves
Leading enterprise connectivity platform Yapily has today announced that Iain McDougall has joined the executive team as Chief Commercial Officer (CCO). Iain brings over two decades of experience in leading the global expansion of high-growth technology companies, most recently at Stripe and Google, and will help drive Yapily’s mission to become the leading infrastructure platform for Open Banking across Europe and beyond.
Beam Partners With Nuapay to Enable Open Banking Ecommerce Payments for WooCommerce Merchants
- 4 years 4 months ago
- Open Banking, Payments
Open Banking pioneer Nuapay, powered by Sentenial, today announces its partnership with Beam, the innovative fintech payments service provider for small businesses.
Railsbank Powers sync., the World’s First Digital Smart Open Banking App
- 4 years 4 months ago
- Open Banking
Railsbank, the leading global Banking-as-a-Service platform, is helping to power sync., the world’s first digital smart open banking app.
finleap connect Partners with SIA to Deliver New Open Banking Services in Europe
- 4 years 4 months ago
- Open Banking
finleap connect, the full-stack open banking platform of Europe’s leading fintech ecosystem finleap, has signed a strategic partnership agreement with SIA, a leading European hi-tech company in the payment services and infrastructures sector, controlled by CDP Equity, to deliver new Open Banking services to European banks, financial institutions and fintechs.
Revolut Launches Confirmation of Payee for UK Customers
- 4 years 5 months ago
- Open Banking, Banking
Revolut has announced the launch of Confirmation of Payee for its more than three million UK retail customers. This latest feature forms part of Pay.UK’s anti-fraud initiative and further bolsters Revolut’s already award-winning anti-fraud features.