Nuapay and Felloh! team up to slash the cost of processing charitable donations by 50%
- 6 years 4 weeks ago
- Open Banking, Payments
Today, open banking pioneer Nuapay, a Sentential company, announces its partnership with Felloh!, UK-based startup with a mission to transfer £1bn in reduced payment processing costs to donations for charities and social enterprises. The partnership enables social enterprise Felloh! to premier its open banking payments button.
illimity Hubs has arrived, an innovative collaboration model that makes its debut with MiMoto and Fitbit
- 6 years 1 month ago
- Open Banking
Just 9 months after its launch on the market, illimity’s digital direct bank has come out with an absolute first for the sector, illimity Hubs, an innovative collaboration model fully in line with both an open banking and open platform approach.
Yolt Technology Services partners with Jortt to provide PSD2 services to the online accounting platform
- 6 years 1 month ago
- Open Banking
Yolt Technology Services (YTS), the leading European open banking provider, has been chosen by Dutch accounting software provider Jortt to provide API technology to power its services.
TransUnion Launches Enhanced Open Banking Solution as COVID-19 Puts Affordability in the Spotlight
- 6 years 1 month ago
- Open Banking
TransUnion has launched the latest evolution of its end-to-end, API-driven Open Banking solution, designed to assess income and expenditure, affordability and creditworthiness. New developments are wide-ranging, with improved analytics capabilities and a streamlined screen journey which includes anti-money laundering (AML) checks. These checks must be conducted as part of the Open Banking process, and are additional to the AML checks that the... more
Nuapay appointed to deliver Payment Initiation Services to UK Public Sector
- 6 years 1 month ago
- Open Banking, Payments
Leading provider of account to account payment solutions, Nuapay, today announces that it has been selected to join the UK Government Crown Commercial Service’s Payment Acceptance Framework. This will enable public sector organisations to benefit from accepting open banking payments through Payment Initiation Services for the first time.
11:FS and Plaid joint report examines how open finance will shape the next generation of digital financial services
- 6 years 1 month ago
- Open Banking
11:FS, the challenger firm defining and building truly digital financial services, and Plaid, the technology company powering digital apps and services millions of people rely on to manage their finances, have released a joint report on the transition from open banking toward open finance. The report, “Open finance: shaping the future of financial services” considers the transformative impact of the UK's Open Finance framework across a customer... more
74% of UK Electronic Money Institutions (EMI) Brands are still not PSD2 Open Banking compliant
- 6 years 1 month ago
- Open Banking, Compliance
Nine months after the regulation went live, nearly three-quarters of EMI Brands in the UK have yet to implement a PSD2 Open Banking compliant interface. What are the reasons for this? There are three possible explanations. These organisations may simply not understand that they need to comply with the regulation, they may not have prioritised it yet, or, they may feel that any penalties imposed by the FCA won’t affect them.
Tink extends Open Banking support for PayPal and receives strategic investment
- 6 years 1 month ago
- Open Banking, Investment Management
Tink will now support PayPal (NASDAQ: PYPL) across Europe as it leverages opportunities with PSD2 and open banking. This extended work together is supported by a second strategic investment from PayPal.
Open Banking thriving in the UK, with financial institutions investing more than any other European country
- 6 years 1 month ago
- Open Banking
New data published from open banking platform Tink reveals that financial institutions in the UK are ramping up their investments in open banking, as the industry mindset moves away from purely PSD2 compliance and towards value creation.
FICO Partners with OpenWrks to Deliver Affordability Assessments
- 6 years 1 month ago
- Artificial Intelligence, Open Banking
Global analytics and decision management provider FICO has partnered with OpenWrks – a leading provider of Open Banking based digital engagement applications. Under the partnership, which initially serves the UK market, FICO plans to combine OpenWrks financial budgeting and conversational AI technology with FICO’s market-leading integrated collections and omni-channel platform to assist creditors in making the most appropriate customer decisions... more
Red Hat announces new open banking customer Asiakastieto
- 6 years 1 month ago
- Open Banking
Red Hat, Inc., the world's leading provider of open source solutions, today announced that Asiakastieto Group is using Red Hat solutions to build an open banking platform that supports its new credit assessment service, Account Insight.
Finastra global survey shows appetite for Open Banking picking up pace worldwide
- 6 years 1 month ago
- Open Banking
Finastra research reveals that 86% of global banks are looking to use open APIs to enable Open Banking capabilities in the next 12 months. In addition, 30% of banks surveyed believe Open Banking is already making a tangible impact in delivering omproved overall customer experience. This is against a backdrop where regulation is perceived to be tighter than a year ago and close to half (48%) of those audited believe that regulators are holding... more
Salt Edge helps Simplifi in accelerating their accounting services via open banking
- 6 years 1 month ago
- Open Banking
Simplifi-HQ, an online accounting service provider from New Zealand has chosen Salt Edge, a leader in offering open banking solutions, to speed-up and digitise its software package by accessing financial data of their clients directly from the bank.
Yolt Technology Services grows open banking offering with new bank connections covering over 80% of bank accounts in Italy, France and Spain
- 6 years 1 month ago
- APIs, Open Banking
Yolt Technology Services (YTS), the leading European Open Banking provider has reached over 80% API coverage across Italy, France, and Spain. This notable growth forms part of the company’s European expansion strategy, as it extends its capabilities to build, manage and maintain AIS and PIS connections for more businesses across Europe.
Upco International Selects Token to Power Open Banking Payment Services In Mobile Messenger App
- 6 years 1 month ago
- APIs, Open Banking
Leading open banking infrastructure provider, Token.io, and Upco International Inc. (CSE: UPCO) (OTC: UCCPF) (Frankfurt: U06) (“Upco”), today announce that Token’s payments API will be integrated into Upco’s popular Mobile Messenger to power a suite of open banking payment services within the app.
