Salt Edge Report: State of Open Banking Payments in Europe in 2021
- 3 years 3 months ago
- APIs, Open Banking, Payments
Today we mark 2 years since PSD2 went, at least was supposed to, into full power across Europe and in the UK, on September 14, 2019.
More Than 4 Out of 10 UK Consumers Would Use Open Banking to Unlock Faster Loan Approvals and Better Rates From Their Banks
- 3 years 3 months ago
- Open Banking
New research from digital bank Zopa finds that a large swathe of UK consumers would use Open Banking to get better, easier, or faster access to credit despite its low awareness The introduction of Open Banking to previously untapped verticals such as access to credit could spearhead wider adoption amongst UK consumers and reach 40 million active users by 2025
Open Banking Expo Reunites Open Banking and Open Finance Ecosystem After 18 Months Apart
- 3 years 3 months ago
- Open Banking
Open Banking Expo, the largest global community of Open Banking and Open Finance executives driving the biggest digital transformation in the financial services sector, will this November bring back together European innovators, disruptors and visionaries.
Meet Salt Edge’s Updated Bank Connect Widget, Marking the Year of User Experience
- 3 years 3 months ago
- Open Banking, Banking, Financial
Open banking brings a variety of financial services to customers, but at the same time, challenges the way they think about these services. Customers are now required to provide access to their accounts if they want to start using various innovative services. And we strive to make this access more secure and transparent by using open banking and PSD2 initiatives. To help your customers in adopting open banking-powered solutions, it is critical... more
TrueLayer Partners with Cazoo to Power Instant Payments and Refunds
- 3 years 3 months ago
- Open Banking, Banking
TrueLayer’s PayDirect platform provides Cazoo with instant payments and refunds capabilities ensuring a fast, transparent and frictionless ecommerce experience. Customers selling their car through Cazoo’s car buying service can receive instant payments after their vehicles pass assessment.
Ophelos Deploys Open Banking to Transform the Collections Process for Individuals Struggling with Debt
- 3 years 3 months ago
- Open Banking, Management
Ophelos partners with Credit Kudos to utilise Open Banking to make the collections process fairer, supporting individuals with debt to achieve better long-term financial health. The partnership will enable the introduction of personalised, affordable repayment plans, creating a less stressful journey for individuals - with Ophelos already seeing 68% increase in customer satisfaction. There is an acute need for a customer-centric debt collection... more
Experian and Open Banking Reporting Collaboration to Help Commercial Lenders Support Businesses in Post-lockdown Recovery
- 3 years 3 months ago
- Open Banking, Banking
New financial and risk management solution to provide actionable insight for SMEs to thrive Experian has partnered with Open Banking Reporting (OBR), a data-driven risk management fintech, to enable UK lenders to provide crucial business support as they look to bounce back from the impact of COVID-19.
Open Banking Expo Reunites Open Banking and Open Finance Ecosystem After 18 Months Apart
- 3 years 3 months ago
- Open Banking, Banking
Open Banking Expo, the largest global community of Open Banking and Open Finance executives driving the biggest digital transformation in the financial services sector, will this November bring back together European innovators, disruptors and visionaries.
Mastercard Expands Open Banking Reach with Acquisition of Aiia
- 3 years 3 months ago
- Open Banking, Payments
Customer-Focused Connectivity Across Europe, Innovative Technology, Experienced Local Teams Mastercard today announced it has entered into an agreement to acquire Aiia, a leading European open banking technology provider offering a direct connection to banks through a single API, allowing its customers to develop and launch new digital solutions that meet the needs of everyday life, work and play.
Mariko Beising Appointed Head of Payment Partnerships at Open Banking Innovator TrueLayer
- 3 years 3 months ago
- Open Banking, People Moves
TrueLayer, Europe’s leading open banking platform, today announced that Mariko Beising has joined the firm as its new Head of Payment Partnerships, bringing a decade of experience, most recently at Klarna where she led partnerships with Payments Services Providers (PSPs).
iwoca and FundingXchange Partner to Offer Fully Automated Merchant Cash Advance
- 3 years 3 months ago
- Open Banking, Fund Management
iwoca - one of Europe’s largest small business lenders - has today launched its industry-first cash advance product on Funding Xchange for small business online sellers. iwoca will be the first lender in the UK - using Open Banking - to offer fully automated revenue-based repayments to e-commerce businesses with a business bank account on the marketplace.
Prelim Introduces Framework Enhancement to Quickly and Easily Connect Financial Institutions to Any Technology Company, Making Open Banking More Accessible
- 3 years 3 months ago
- Open Banking, Credit Cards, Banking, Technical
Prelim, a fintech provider optimizing digital banking experiences for financial institutions, has announced a proprietary framework technology that allows banks and credit unions to connect with any technology company, including core providers, through a single line of code.
Why Brazil has the Potential to Emerge as a Leader in the Open Banking Movement – Volt
- 3 years 3 months ago
- Open Banking
Tom Greenwood, CEO at Volt “The launch of Open Banking Excellence’s presence in Brazil on 1st September is just the latest indication of the country’s potential to emerge as a leader in the Open Banking movement. Banco Central do Brazil (BCB) has gone one step further than its European counterparts, in devising an Open Banking framework that not only envisages but acts as the roadmap to Open Finance.”
Switcho and Salt Edge - Monitoring Expenses has Never Been Easier
- 3 years 3 months ago
- Open Banking, Platform Technology, Management, IT Innovations
Switcho, an Italian digital fintech platform that brings innovations in expenses management, has upgraded its services by teaming up with Salt Edge, pioneer in open banking, thus becoming the first company in Italy able to provide insights on expenses and at the same time offer the chance to take actions about it, straight from the app, in order to save on those expenses.
TrueLayer’s European Expansion Continues with New Dublin HQ
- 3 years 4 months ago
- Open Banking
European HQ established in Dublin due to its position as a global centre for financial services innovation, thriving technology scene and access to skilled talent. HQ led by former WhatsApp and Facebook Executive, Joe Morley, TrueLayer’s Vice President and General Manager for Europe and new Chief Operating Officer for Europe, Leigh-Anne Cotter.
