Tagged: open banking

Monoova and Fintech TrueLayer to Introduce Data-enabled Payments in Australia via the Consumer Data Right


Monoova, a B2B payments solutions provider, and TrueLayer, a key player in open banking, are teaming up to harness financial and identity insights using Australia’s Consumer Data Right (CDR) “for smarter, faster, data-enabled payments in the Australian market.” The benefits of the combination of CDR… Read More

Axway Partners with Cloudentity to Support Open Banking Adoption in North America

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Axway, an API management provider, and Cloudentity, a provider of modern application identity and authorization, are pleased to provide the first production release to support FDX 5.0 APIs. Financial Data Exchange (FDX) is committed to unifying the financial sector around “a common data standard.” The… Read More

UK’s Clear Junction Announces Service for Open Banking Clients

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Clear Junction has announced the introduction of an e-wallet solution that will “enable open banking providers to overcome some of the challenges they face when going to market.” Clear Junction has been working on a new and improved e-wallet solution that “adds value to open… Read More

UK Fintech Digidoe Introduces BaaS Offering

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Digidoe, the UK-headquartered Fintech firm that aims to streamline the global payments infrastructure, has introduced a fast Banking as a Service (BaaS) solution which enables businesses to launch a new virtual bank within 72 hours. The secure Cloud-powered API and white-label service opens the door… Read More

Open Banking Payments Fintech Token Finalizes $40M Raise

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Token, an Open Banking platform supporting the transition from card to account-to-account bank payments across Europe, has acquired $40 million via a Series C round that was co-led by Cota Capital and TempoCap. Element Ventures, MissionOG, PostFinance and existing investors Octopus Ventures, Opera Tech Ventures… Read More

Welcome to the Fintech Party: Snark Emerges Between Plaid and Stripe

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This past week, Stripe announced an open banking (or open finance) initiative with Stripe Financial Connections. Stripe laid out its plans explaining they were “enabling businesses to establish direct connections with their customers’ bank accounts that power a wide range of financial processes.” This is… Read More

Fintech TrueLayer’s Spanish Expansion Continues, Company Appoints Pablo Ruano as Country Manager

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TrueLayer, which claims to be Europe’s “leading” Open Banking platform, recently announced further expansion of its Spanish operations “with the appointment of Pablo Ruano as its Country Manager.” Madrid-based Pablo will “oversee commercial strategy in the country, alongside TrueLayer’s recently appointed VP of EU Sales,… Read More

Ozone API Introduces “Beyond Compliance” Open Banking Solutions

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Ozone API, the developer of the standards-based software for open banking and open finance, has introduced a suite of solutions that “enable banks to move beyond compliance and convert their APIs into more strategic and commercial channels.” The enhancements to Ozone’s open API platform “give… Read More

Fintech Plaid Adds Partners to Payment Partner Ecosystem to Enable the Digital Commerce in Europe

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Plaid, an international open finance data network and payments platform, is announcing an expansion of its Payment Partner Ecosystem in order to include three European partnerships – Primer, UniPaas and NoFrixion. As a result, more vendors and merchants can “leverage open banking in order to… Read More

UK Fintech TrueLayer Introduces New Payment Options with VRP API for Sweeping, Non-Sweeping

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TrueLayer, which claims to be Europe’s leading Open Banking platform, has reinforced its reputation as an “industry innovator,” with the availability of its unique Variable Recurring Payments (VRP) API for sweeping and non-sweeping, “changing the way customers make and manage ecommerce payments, subscriptions, utility bills… Read More

Answer Pay Makes New Appointments to Support Request to Pay Growth Opportunity

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Payments as a service provider, Answer Pay, has reportedly made key appointments to bolster its plans “to support the growth of Request to Pay across Europe.” Following on from the recent award of grant funding from the UK government’s Department for International Trade and its… Read More

DIFC-based Tarabut Gateway Now a Regulated Open Banking Platform in UAE

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Tarabut Gateway has reportedly been granted a license by Dubai Financial Services Authority (DFSA) to offer money services in and from Dubai International Financial Centre (DIFC). DFSA is the independent regulator of financial services in DIFC, which claims to be “the leading global financial center”… Read More

Newcastle Building Society to Bring Banking Back to High Street with GLORY, OneBanks Hub

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  In the face of this “tsunami” of branch closures, plans are progressing on a pilot which will see high street “champions” and community branch innovators, Newcastle Building Society, team up with global player in cash automation, GLORY, and shared banking Fintech, OneBanks Hub, in… Read More

Qualco UK Teams Up with Ecospend, Themis Global, Experian to Offer Open Banking Solutions

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Qualco UK, which delivers panel management solutions and analytics that are focused on debt resolution, has reportedly gone live with new solutions leveraging Open Banking tech. Having teamed up with Ecospend and Themis Global, Qualco UK is providing account-to-account payment options, under a white label… Read More

Open Banking: UniCredit Extends Partnership with Worldline

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UniCredit, which claims to be one of the major pan-European banks, has renewed the partnership with Worldline [Euronext: WLN], an international “leader” in payment services, for the Open Banking Third Party Provider (TPP) service. The partnership with Worldline allows UniCredit customers “to connect their accounts… Read More

UK’s Shawbrook Bank to Provide Lending Discount for Consumers Sharing Open Banking Data

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UK-based specialist lender Shawbrook Bank is reportedly using Open Banking tech from ClearScore in order to determine the creditworthiness of potential clients and offering a discount on loans for those who decide to share their data. Via ClearScore, Shawbrook aims to begin integrating Open Banking… Read More

MogoPlus Chooses TrueLayer for Open Banking Data Access in Australia via Consumer Data Right


MogoPlus, the international “experts” in bank transaction data insights, will reportedly work with TrueLayer, a key player in open banking, to “access financial data using Australia’s Consumer Data Right (CDR).” As mentioned in an update shared with CI, MogoPlus is in “the process of becoming… Read More

Open Banking Fintech TrueLayer Introduces European Payments with Instant Deposits, Refunds, Withdrawals

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TrueLayer, which claims to be Europe’s leading Open Banking platform, has announced it has launched its “closed-loop” payment product in Ireland, France, Germany, Spain, Lithuania and the Netherlands. As noted in an update shared with CI, traditional payment methods “weren’t built to handle the speed… Read More

JOBS Act 4.0: What Are Some of the Recommendations to Boost Entrepreneurship, Access to Capital?

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  Last week, on the anniversary of the JOBS Act of 2012, Republican members of the Senate Banking Committee pitched a new legislative initiative to support entrepreneurship, access to capital, and helping retail investors. The JOBS Act of 2012 legalized online capital formation. The JOBS… Read More

Open Banking Fintech Volt Continues Steady Growth with CRO Appointment

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Volt, which claims to be the leading Open payments gateway, has recruited payments veteran Matt Komorowski as its Chief Revenue Officer . Matt joins Volt after nearly a decade with PayPal, where for the past three years he has “been leading the payments giant’s channel… Read More

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