VibePay means business: Gen Z payments pioneers launch open-banking powered business offer
- 4 years 8 months ago
- Open Banking, Payments
VibePay, the enterprising ecosystem behind the fast growing social payments app, today announces its open banking driven offer for businesses. The latest products will allow brands to process frictionless checkout and subscription payments online, increasing transaction success and reducing fees, whilst giving brands a gateway into their engaged Gen Z community.
Salt Edge helps Roundups create a new way of donating
- 4 years 8 months ago
- Open Banking, Payments
Salt Edge, a leader in offering open banking solutions, joined Roundups in its mission to raise millions through adding up pennies left from payment transactions and donating them to charities and non-profit organisations.
OpenPayd enhances SEPA capabilities
- 4 years 8 months ago
- Open Banking
OpenPayd, an API-first Banking-as-a-Service provider, today announced it has enhanced its payments capabilities with direct access to the SEPA payment scheme (Single Euro Payments Area). The new integration will see OpenPayd’s business customers— predominantly online marketplaces, merchant acquirers and other high growth fintechs— benefit from fast and cost-effective payment processing across the 36 participating nations of the SEPA scheme,... more
Funding Options uses Open Banking to reduce business loan decision times
- 4 years 8 months ago
- Open Banking
Funding Options, the marketplace for business finance, is now using Open Banking to make it quicker and easier for businesses to access finance. Businesses applying for finance will see their application time reduced from days and hours, to just minutes as they will no longer need to source original bank statements. Around 20 lenders have agreed to consume the Open Banking data as part of their analysis for credit decisions. These include Just... more
Yapily raises $13m in Series A funding to drive the global open finance revolution
- 4 years 8 months ago
- Open Banking
Leading enterprise connectivity platform Yapily has today announced that it has raised $13m in a Series A funding round. The fintech will use the investment to drive open banking adoption by organisations across Europe; providing a strong, secure and powerful connectivity layer that enriches customer experiences and creates financial opportunity. The investment was led by Lakestar, an early investor in Skype, Spotify, Airbnb and Facebook as well... more
Lendonomy selects Neonomics to build Norway’s very first PSD2 crowdlending solution
- 4 years 8 months ago
- Blockchain, Lending, Open Banking
Lendonomy, a Norwegian fintech startup that is developing a blockchain-based “Airbnb for lending” targeting GenZ, and Neonomics, a leading provider of open banking APIs have announced a new partnership agreement. The solution enables Norwegian customers of Lendonomy to instantly and securely lend and borrow small amounts of money to and from each other with payments powered by the Neonomics open banking API. The partnership is the first... more
National initiative launched by Fintech Tully aims to help 17 million people in the UK who have been financially impacted by COVID-19
- 4 years 8 months ago
- Open Banking, Personal Finance, Banking
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.
Billingo to digitalize the billing services with Salt Edge data aggregation
- 4 years 9 months ago
- Open Banking, e-billing, e-Invoicing
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
Open Banking growth spurs BIAN’s global memberships
- 4 years 9 months ago
- Open Banking
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.
iDelta launches Open Banking Insights app to help high street banks strike back against online challenger brands
- 4 years 9 months ago
- Open Banking
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
Elavon and Nuapay collaborate to provide open banking in Europe
- 4 years 9 months ago
- Open Banking, Payments
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.
Open Banking Expo Prepares Delegates for Consumer-directed Finance Rollout
- 4 years 9 months ago
- Open Banking, Banking
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.
I2C Expands Presence in Middle East and Africa
- 4 years 9 months ago
- Open Banking, Payments
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.
Salt Edge helps Keysafe to speed up tenants verification via Open Banking
- 4 years 10 months ago
- 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.
Yolt Technology Services joins advisory group for NextGen PSD2
- 4 years 10 months ago
- Open Banking
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.