Open Banking Remains Top Priority for UK Banks, Yapily Data Reveals
- 2 years 10 months ago
- Open Banking
Today, new data released by Yapily — the leading open banking infrastructure provider — reveals that UK banks have continued to invest in open banking technology as user adoption grows. The data, which analyses the average open banking API response times across 10 of the UK’s top traditional banks, reveals that 100% have improved their response speed between 2020 and 2021, in some cases by up to 37%.
Subaio Chooses Open Banking Firm Aiia to Automate Creditworthiness for Financial Institutions
- 2 years 10 months ago
- Open Banking, Payments
Today, Subaio chose European open banking leader, Aiia, a Mastercard company, to enable a smarter way for assessing creditworthiness through Subaio’s new whitelabel offering. With access to open banking, the solution will help financial institutions, banks, leasing companies and more assess consumers’ creditworthiness automatically.
Ayoconnect Raises $15m Series B to Scale Indonesia’s Largest Open Finance Api Platform
- 2 years 10 months ago
- Fundraising News, Open Banking, Payments
Tiger Global led the heavily oversubscribed round, joined by PayU and Alto Partners Ayoconnect is Indonesia’s leading open finance platform with more than 4,000 embedded finance products and 500 million annual API hits More than 200 customers use Ayoconnect’s APIs, serving some of the largest financial institutions, tech unicorns, and traditional companies as well new and up-and-coming startups
Nubank Appoints ex-Tink UK Head Rafa Plantier
- 2 years 11 months ago
- Open Banking, Banking
Digital bank Nubank has hired Rafa Plantier from Open Banking platform Tink as head of strategy and business development. Plantier confirmed that he will continue to be based in London in his new role at Brazil’s Nubank. In a LinkedIn post, Plantier wrote: “I’m thrilled to be joining Nubank as head of strategy and business development – leading an incredibly talented group of people spread across all of its business units and supporting its long... more
Tink Appoints Tom Pope as New UK Head
- 2 years 11 months ago
- Open Banking, People Moves
Tink, Europe’s leading open banking platform, has appointed Tom Pope to lead its UK office. Joining Tink in June 2021 as Head of Payments and Platforms, Tom will now lead both the London office and the global payments business for the open banking platform. Prior to Joining Tink, Tom ran product strategy and new product management for FIS and was Head of Growth and Commercialisation for Worldpay.
TrueLayer Expands Its Open Banking Platform to Austria, Belgium, Denmark, Finland and Portugal
- 2 years 11 months ago
- Open Banking, Payments
TrueLayer, Europe’s leading open banking platform, today announced further expansion of its connectivity, adding Austria, Belgium, Denmark, Finland and Portugal, for open banking data (AIS) and payments (PIS). It has also increased connectivity in existing markets including the Netherlands and Spain, and as a result, added hundreds of new banks across a total of 16 European markets.
Tuum Announces €15 Million Series a Round, Amid Shift in How Banks Approach Core Banking Transformation
- 2 years 11 months ago
- Fundraising News, Open Banking
The funding round will enable the next-generation core banking platform – formerly known as Modularbank - to continue investing in product innovation, strengthen its EU and UK presence, and prepare for expansion outside of Europe
Doconomy and Salt Edge: Merging Impact Tech and Open Banking for a Sustainable Future
- 2 years 11 months ago
- Open Banking
Doconomy, a Swedish world-leading impact tech provider for banks, SMEs, and corporates, joined forces with Salt Edge, a leader in offering open banking solutions, to use data aggregation and transaction categorisation services to speed up introduction of climate functionality to the European market.
Tink Launches 'income Check' in the UK to Simplify Income Verification
- 2 years 11 months ago
- Open Banking
The solution enables businesses to use real-time current account data to verify income in minutes rather than days. Through open banking technology, incoming payments are categorised to give a clear view of income streams over more than 12 months The UK launch follows the successful rollout of Tink’s Income Check in seven European countries
Nordigen Partners With Personal Finance Management Platform Everst to Provide a Complete Financial Overview From Open Banking Transactional Data.
- 2 years 11 months ago
- Open Banking
The only free open banking platform
Altura Credit Union Taps Scienaptic's AI-Powered Credit Decisioning Platform
- 2 years 11 months ago
- Lending, Open Banking, Banking
Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that Altura Credit Union has collaborated with its platform for enhanced credit decisioning.
Minerva Selects Armalytix’s Source Of Funds Technology To Complete 48-hour Client Onboarding Solution For Legal Market
- 2 years 11 months ago
- Open Banking
Armalytix, which uses open banking technology to streamline the collection of data for the professional and financial services industries, has been selected by Minerva, an electronic onboarding solution for law firms, to create an intelligent, digital onboarding service for the legal market and estate agents.
Crezco Hires Former Chip Financial Executive to Head Up Growth and Finance Operations
- 2 years 11 months ago
- Open Banking
Business-to-business open banking payments provider Crezco has appointed Ivelina Delcheva as its first Chief Financial Officer and Chief Operations Officer. A finance expert with extensive fintech experience, Delcheva will lead the London-based startup’s growth agenda.