Tagged: open banking

April 12, 2025 @ 5:55 pm By Omar Faridi  |  

FinGoal, a provider of transaction enrichment solutions, announced a partnership with Quiltt, the unified API platform for open banking. This collaboration marks a step forward in simplifying financial data management and “enhancing user experiences across financial applications.” By integrating FinGoal’s transaction enrichment capabilities with Quiltt’s… Read More

April 11, 2025 @ 7:41 am By Omar Faridi  |  

Europe’s open banking infrastructure platform Yapily has partnered with the UK Fintech, Allica Bank, to bring the “benefits” of open banking top-ups to UK SME current accounts. Having launched to market in 2020, Allica has become the challenger bank for established SMEs with “between 5… Read More

April 8, 2025 @ 8:06 am By Omar Faridi  |  

  The Consumer Financial Protection Bureau’s (CFPB) recent shutdown caused a ripple across the industry and calls into question many regulations, including the status of the October open banking ruling. As the situation continues to evolve, CI caught up with Aaron Byrne, Head of Financial… Read More

April 6, 2025 @ 11:02 pm By Omar Faridi  |  

TrueLayer, Europe’s Pay by Bank network, has announced a partnership with Papa Johns, one of the world’s pizza brands to introduce Pay by Bank, a payment method that enables customers to pay directly from their bank accounts. With TrueLayer’s open banking technology, Papa Johns customers… Read More

April 1, 2025 @ 7:35 am By Omar Faridi  |  

Backbase, the enabler of engagement banking, announced a partnership with Salt Edge, a provider of open banking solutions, to support the adoption of open banking and help banks meet compliance requirements while unlocking revenue opportunities. This collab reportedly enables Backbase customers to “integrate open banking… Read More

March 23, 2025 @ 11:33 pm By Omar Faridi  |  

Trustly, the global Pay by Bank solutions provider, announced that it will now support RIX INST, the instant settlement system of Sveriges Riksbank, the Swedish Central Bank, solidifying Trustly’s position in instant payouts. Representing a key milestone for the company in its home market, Trustly… Read More

February 27, 2025 @ 11:12 pm By Omar Faridi  |  

The financial landscape is undergoing a significant transformation, driven by the rise of open banking and the power of Application Programming Interfaces (APIs), according to an update from Juniper Research. A recent report from Juniper Research, titled “Open Banking APIs: Facilitating the Future of Finance,”… Read More

February 23, 2025 @ 11:59 pm By Omar Faridi  |  

In a step toward enhancing public sector payments, the UK government has reportedly opened bidding for a £49 million contract to embed open banking technology into its Gov.UK Pay platform. Announced on February 19, 2025, by the Government Digital Service (GDS), this procurement initiative aims… Read More

February 13, 2025 @ 12:31 pm By JD Alois  |  

ClearBank is powering Capital on Tap’s embedded banking solution. Capital on Tap is a cards platform that focuses on SMEs. According to a note from ClearBank, Capital on Tap will now be offering savings accounts and loans from their chosen banks. The new savings accounts… Read More

February 7, 2025 @ 1:09 pm By Omar Faridi  |  

Trustly, a provider focused on Pay by Bank services, says it will partner with Spreedly, a payments platform. Trustly and Spreedly expect to provide merchants with full-service access to Pay by Bank to drive improved conversion rates and “optimize payment efficiency across expanded regional and global… Read More

February 5, 2025 @ 11:13 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), one of Europe’s financial technology companies, has started using Yapily‘s account information services (AIS) to power their merchant services. Yapily will enable Adyen to deliver a better onboarding experience for customers while improving their account verification processes. Merchants that use Adyen’s services can now… Read More

February 5, 2025 @ 10:30 am By Tony Zerucha  |  

As Open Banking becomes more popular in Latin America, Prometeo is well-positioned to be a major player in the space. Prometeo’s partners, a provider of a single API connecting businesses to every bank in 11 countries, include Santander, Bancolombia, Banco de México, and Chile’s Banco… Read More

February 2, 2025 @ 5:47 pm By Omar Faridi  |  

Enable Banking, the open banking provider offering business account connectivity and account-to-account payment infrastructure, has partnered with Qred Bank, a provider of financing solutions tailored to entrepreneurs’ needs. Qred specializes in delivering “flexible” financing, enabling entrepreneurs to focus on growing their businesses without the “constraints… Read More

January 15, 2025 @ 1:15 am By Tony Zerucha  |  

This week, the United Kingdom governmental organization Open Banking Limited celebrated the seventh anniversary of PSD2 and the creation of open banking. Open Banking Limited is the implementation entity described in a Competitions and Market Authority Order. It created an open banking standard and industry… Read More

January 14, 2025 @ 7:30 am By Omar Faridi  |  

TrueLayer, Europe’s open banking payments network, announces a partnership with payments orchestration platform BR-DGE, to bring Pay by Bank to enterprise businesses across the globe. BR-DGE is a key player focused on payment orchestration, working with enterprise businesses, across sectors such as transport, travel, igaming,… Read More

January 13, 2025 @ 11:55 am By Omar Faridi  |  

Fintech Plaid has reportedly selected Triangle for its next office, along with plans to hire more staff in 2025. Plaid CEO and cofounder Zach Perret, said that you may think of the company as the “plumbing that connects banks to the app and the app… Read More

December 24, 2024 @ 9:00 am By Tony Zerucha  |  

As he looks ahead to 2025, DECTA CEO Scott Dawson sees SMEs, Donald Trump, an AI backlash, Open Banking, and PSD3 making headlines. The ‘real’ year of the SME Dawson said markets were assured that 2024 was going be the Year of the SME, but… Read More

December 18, 2024 @ 12:17 pm By Omar Faridi  |  

Plaid has looked into how financial institutions are thinking about open banking and has shared insightful survey results. In today’s digital world, consumers demand real-time financial services – from mobile banking apps to digital wallets and investment platforms. The adoption of digital tools is no… Read More

December 18, 2024 @ 8:04 am By Omar Faridi  |  

Raisin, a platform for savings and investments, has partnered with open banking Fintech Salt Edge to strengthen its compliance with UK regulations, ensuring secure financial solutions for clients. Raisin operates across the European Union, UK, and US, offering customers access to “competitive” interest rates and… Read More

December 12, 2024 @ 1:41 pm By Omar Faridi  |  

Fintech TrueLayer, which claims to be one of Europe’s most prominent open banking payments network, has teamed up with Ryanair, Europe’s largest airline group. This collaboration is now live and represents a key milestone for both TrueLayer and Ryanair. Ryanair customers are now able to… Read More