June 6, 2019 @ 8:08 am By JD Alois  |  

Fintech startup BudgetBakers has received regulatory approval from the Czech National Bank to join the bank’s API’s, according to a release. BudgetBakers has developed a Wallet global personal finance management application. The European PSD2 Directive instructs banks to make their client account data available to third… Read More

April 24, 2019 @ 9:02 am By Samantha Hurst  |  

TrueLayer, a computer software company that enables companies to capitalize on new open banking initiatives in the UK, announced on Wednesday it has formed a new partnership with ANNA Money. According to TrueLayer, the partnership will enable ANNA to provide its customers with enhanced open… Read More

March 28, 2019 @ 7:52 am By Samantha Hurst  |  

Global payments provider Klarna announced on Thursday the launch of its new open banking platform. According to Klarna, the platform will enable access to more than 4,300 European banks through a single Access to Account (XS2A) API in line with Payment Services Directive (PSD2). Klarna… Read More

March 26, 2019 @ 2:37 pm By Samantha Hurst  |  

Turnkey open banking platform provider, Token.io Limited, announced on Monday it has formed a partnership with digital-first challenger bank Tandem Bank to achieve PSD2 compliance and leverage open banking opportunities. According to Token.io, Tandem is now looking to look beyond core compliance, developing innovative new services… Read More

March 4, 2019 @ 9:30 am By Samantha Hurst  |  

Yolt announced on Monday it has begun beta testing for its smart thinking money app, Yolt Pay. Yolt reported that in this early stage of Yolt Pay, users be able to initiate payments on the Yolt platform. “We know it’s not perfect, but we wanted… Read More

February 11, 2019 @ 3:23 pm By Samantha Hurst  |  

Bud, a UK-based open banking fintech startup, recently announced it raised $20 million through its Series A funding round, which involved participation by HSBC, Goldman Sachs, Banco Sabadell, ANZ and Investec . Founded in 2015, Bud describes itself as an early stage business that offers an… Read More

February 10, 2019 @ 4:54 pm By Samantha Hurst  |  

Lloyds Bank announced last week that it and Halifax customers are now able to see their personal current accounts from different banks through the Lloyds Bank mobile banking app. According to Lloyds Bank, the new open bank feature now enables customers to safely and securely… Read More

January 30, 2019 @ 8:41 am By JD Alois  |  

Fintech Raisin has announced a new partnership with Santander Spain with an “Open Banking Agreement” which allows customers to authorize the bank to share with Raisin defined data for the registration process, including a customer’s name, date of birth, ID or contact details. Thus, registration… Read More

January 3, 2019 @ 10:09 pm By JD Alois  |  

Fintech, or financial innovation, is pervasive within the financial services industry. Innovation has always existed in this sector of business but the advent of the internet combined with the creativity of risk taking entrepreneurs has engendered an accelerated period of disruptive change in finance. Think about… Read More

January 2, 2019 @ 2:41 pm By JD Alois  |  

Online lender iwoca is now connected to both Barclays and HSBC under Open Banking rules, according to a note from the company. iwoca claims to be the first ever business lender to connect with any of the UK’s nine largest banks under Open Banking when… Read More

December 27, 2018 @ 6:26 am By Erin Hobey  |  

‘Tis the season for decking halls, lighting candles, spending time with family and friends, reflecting on 2018 and thinking ahead to 2019 and new trends in the global Fintech market. Crowdfund Insider reached out to the Fintech community members to look into their crystal balls… Read More

November 18, 2018 @ 11:13 am By JD Alois  |  

Data platform Quovo reports it has been granted registration in the Open Banking Directory. As a Registered Account Information Service Provider (RAISP), regulated by the UK Financial Conduct Authority (FCA), Quovo gains better access to the UK market and potentially continental Europe. The registration, which… Read More

October 31, 2018 @ 7:43 am By JD Alois  |  

Online lender iwoca is reporting that it has successfully released Open Banking for all new customers with a Lloyds Bank account. iwoca says it is the first ever business lender to connect with any of the UK’s nine largest banks under the Open Banking initiative,… Read More

September 28, 2018 @ 8:41 am By JD Alois  |  

SIA Group, a consortium of eight European companies, has launched a new platform for financial service firms as they move to become compliant to Open Banking rules under PSD2. Their new digital platform is said to allow European banks, Fintechs, corporates, SMEs and public sector… Read More

September 26, 2018 @ 10:24 am By Samantha Hurst  |  

Dash Financial Technologies, a New York-based fintech that specializes in order routing transparency, visualization, and customization solutions, announced on Wednesday the launch of its next-generation portfolio trading (PT) algorithm, which is described as a highly customizable workflow and execution solution with real-time transparency and analytics, allowing… Read More

September 14, 2018 @ 9:10 pm By Samantha Hurst  |  

European financial group Nordea announced on Friday the launch of its open banking services in Sweden. According to the company, the open banking launch gives developers the possibility to begin building applications designed for both Finnish and Swedish customers. Nordea reportedly launched the Open Banking platform… Read More

August 17, 2018 @ 7:57 am By JD Alois  |  

The Competition and Markets Authority (CMA), in conjunction with the Financial Conduct Authority (FCA), have demanded that traditional banks improve their services. The admonition comes following an independent survey of both personal and small business accounts that indicates banks are falling short when it comes… Read More

August 16, 2018 @ 12:00 pm By Samantha Hurst  |  

Deposit Solutions, a Germany-based opening banking and international platform for savings deposits, announced on Wednesday it secured $100 million through its latest investment round, which was led by Vitruvian Partners with participation from Kinnevik and existing shareholders including Deposit Solutions‘ first institutional shareholder e.ventures. The funds reportedly bring… Read More

August 6, 2018 @ 12:04 pm By JD Alois  |  

While much of the world is pushing forward with empowering users to control their own financial information, social media leader Facebook (NASDAQ:FB) is heading in the opposite direction by asking banks to share detailed financial information about their customers. This deeply concerning report was first… Read More

July 23, 2018 @ 1:55 pm By Samantha Hurst  |  

Goodlord, a UK-based proptech platform, has formed a new open banking partnership with TrueLayer. Founded in 2014, Goodlord reports that its cloud-based platform is trusted by hundreds of agencies across the UK. The company has created a one-stop-shop by providing access to a dynamic suite… Read More