National initiative launched by Fintech Tully aims to help 17 million people in the UK who have been financially impacted by COVID-19

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.  Read more »

Billingo to digitalize the billing services with Salt Edge data aggregation

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 Read more »

Open Banking growth spurs BIAN’s global memberships

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.   Read more »

iDelta launches Open Banking Insights app to help high street banks strike back against online challenger brands

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 Read more »

Elavon and Nuapay collaborate to provide open banking in Europe

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. Read more »

Open Banking Expo Prepares Delegates for Consumer-directed Finance Rollout

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. Read more »

I2C Expands Presence in Middle East and Africa

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. Read more »

Salt Edge helps Keysafe to speed up tenants verification via 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. Read more »

Yolt Technology Services joins advisory group for NextGen PSD2

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. Read more »

StepChange brings Money Coaching to clients with innovative new partnership with OpenWrks

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.  Read more »

The Emerging Payments Association Asia outlines how Asia Pacific can lead innovation in Open Banking

 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.  Read more »

Konsentus and Openitio collaborate to streamline PSD2 implementation

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 Read more »

PSD2 education and awareness creating barriers to growth and innovation for UK fintechs

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. Read more »

Open Banking Platform Tink and BNP Paribas Announce Strategic Partnership in Europe

Open banking platform Tink and BNP Paribas today announce an extension of their partnership in Europe. In addition to Tink’s existing partnership with BNP Paribas Fortis — the retail network of BNP Paribas in Belgium — Tink is now also entering a partnership with the Italian retail network of BNP Paribas, Banca Nazionale del Lavoro (BNL). As part of the partnership, BNL will start implementing Tink’s solutions for account aggregation, payment... more Read more »

Yolt celebrates two year anniversary of Open Banking by extending Yolt Pay feature to Monzo account holders

Yolt, the smart thinking money app, has announced that one of its newest features, Yolt Pay, is now available to Monzo account holders.   Read more »

Pages

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel