Volt Raises $23.5M to Build Global Instant Payments Network
- 3 years 6 months ago
- Open Banking, Payments
· Volt to build global payments platform by unifying instant schemes around the world to a single point of access · New funding round is the biggest Series A on record for the open banking industry · The investment, led by EQT Ventures, will support Volt’s product development and international expansion activities
Zopa and CreditLadder Team up to Help Renters Improve Their Credit Score
- 3 years 6 months ago
- APIs, Open Banking, Investment, Banking
Using Open Banking technology, tenants can now improve their credit score, increase their eligibility for a Zopa loan and potentially reduce the cost of a loan from the neobank through its partnership with CreditLadder.
OROPAY’s Clients to Enjoy New Payment Options with Salt Edge
- 3 years 6 months ago
- Open Banking, Payments
OROPAY, a Cypriot EMI, has partnered with Salt Edge, leader in developing open banking solutions, for becoming PSD2 compliant to provide safe and secure payments to its customers. OROPAY is an electronic money institution regulated by the Central Bank of Cyprus, providing business & personal eMoney, and eCommerce solutions. The company focuses on international money transfers and aims to help businesses and consumers conduct their... more
Tink and Novalnet AG Enter Partnership for Open Banking Powered Payments
- 3 years 6 months ago
- Open Banking, Payments
German full-service payment provider Novalnet AG, and Europe's leading open banking platform Tink, have partnered to bring a new open banking payment solution to the European payments market.
UK and Nordics lead Open Banking in Europe
- 3 years 6 months ago
- Open Banking
According to a new report by Mastercard, which conducted in-depth research into how prepared European countries are to embrace the open banking ecosystem, the Nordic countries have been crowned best placed to take advantage of it, together with the UK.
Fabrick Unveils Suite of API Based Solutions Harnessing Open Finance
- 3 years 6 months ago
- APIs, Open Banking
Fabrick, Italy’s leading open banking ecosystem, is launching a suite of API based solutions that harness Open Finance. Fabrick has created two market-ready solutions based on Mastercard’s APIs: InControl for Business and Identity Check Mobile (IDCM) and utilises them to bring value to end users with easy-to-use applications.
Yapily Kicks-off its EU Open Banking League Table
- 3 years 6 months ago
- Open Banking, Infrastructure
New data, released by Yapily the leading Open Banking infrastructure provider to align with the Euros Championship kick-off, reveals the UK, Ireland and Germany outscore the opposition in their adoption of Open Banking in the EU Open Banking league table.
Tink: 41% of Financial Executives Believe The Digital Shift Caused by Covid is Permanent
- 3 years 7 months ago
- Open Banking
68% of European financial executives say the pandemic has increased their focus on open banking (Vs 72% in the UK) This shift is propelling banks to concentrate their efforts on the creation of digital services, improving the customer experience and restoring profitability
Yapily Launches Bulk Payments Service with Comma in the UK
- 3 years 7 months ago
- Open Banking, Payments
Yapily, the leading Open Banking infrastructure provider, has today announced the launch of its new Open Banking bulk payments service, with Comma, the SME payments platform, already live and benefiting from the service in the UK.
Tink and Wealthify Enter Partnership for Investment Payments
- 3 years 7 months ago
- Open Banking, Investment
Leading UK digital investment platform Wealthify has partnered with open banking platform Tink for payment initiation services, that will transform the way its investors transfer money into their investment accounts The partnership, which is already live, sees Tink’s payment initiation service (PIS) technology embedded in the Wealthify app. This enables investors to seamlessly transfer an initial investment sum during the onboarding process and... more
Yolt Technology Services (YTS) Launches Open Banking-Powered Tool to Revolutionise Affordability Checks
- 3 years 7 months ago
- Open Banking, Banking
Yolt Technology Services (YTS), the leading open banking provider, has today launched their Cashflow Analyser tool, a solution powered by its Account Information Services (AIS) that gives credit underwriters deeper insights into the cashflow of credit applicants and customers to streamline and simplify affordability assessment processes.
Open Banking Demand Triples During Covid-19 Pandemic
- 3 years 8 months ago
- Open Banking
The number of people choosing to share their data through open banking has tripled since the start of the Covid-19 pandemic, according to the latest statistics from Experian.
Target Group and Perenna Team Up to Transform the Mortgage Process
- 3 years 8 months ago
- APIs, Open Banking
Target Group, the FCA-regulated business processing and software provider, has today announced that the fintech mortgage lender, Perenna, has become the first client of its Mortgage Hub. The partnership, which is set to launch later this year, will see the Mortgage Hub powering Perenna’s mortgage offering; allowing it to provide decisions-in-principle within 20 seconds.
Tink And American Express Enter Open Banking Partnership
- 3 years 8 months ago
- Open Banking, Payments
Tink and American Express have entered a European open banking partnership to improve the onboarding process for new card members.
Under 35s Increasingly Open to Sharing Bank Data to Prove Creditworthiness
- 3 years 8 months ago
- Open Banking, Payments
Younger people’s finances have been hit hardest by the pandemic, and they are increasingly willing to securely share their bank transaction data to get access to financial products that can help them weather the storm, according to the latest findings from Credit Kudos’ Borrowing Index.
