510 articles tagged with this keyword
News/payments
Swedish B2B open banking platform, Open Payments, has raised €3 million in a funding round led by Alfvén & Didrikson, with participation from Industrifonden and other existing investors.
23 January 2025
Norwegian open banking firm Neonomics has acquired UK contemporary Ordo. Financial terms of the deal were not disclosed.
News/regulation
The UK Financial Conduct Authority is planning to remove the £100 contactless limit and implement an open finance regime tackling SME financing.
22 January 2025
Halfway through its five-year strategic plan, the UK's Payment Systems Regulator (PSR) has published its strategy update setting out its core commitments.
17 January 2025
The European Court of Auditors has raised concerns over how the EU goes about price interventions in the card market and its approach to open banking data sharing.
10 January 2025
The Consumer Financial Protection Bureau has approved Financial Data Exchange (FDX) as the first standard setting body for the regulator's new open banking regime.
09 January 2025
News/startups
Startup Money Squirrel has launched an open banking-powered app to help UK businesses master their cashflow management.
07 January 2025
Account-to-account payments fintech Volume has raised $6 million to scale its operations across the UK and Europe.
18 December 2024
Open banking data vendor Neonomics has filed a complaint with the Norwegian Competition Authority alleging anti-competitive practices in the payments market by the country's banking sector.
17 December 2024
News/ai
Atos Group unit Eviden is teaming up with fintech Ordo and blockchain company ByzGen to pilot an open banking-based bill payment service.
12 December 2024
As Europe moves closer to boosting open finance through the rollout of Financial Data Access (FIDA) legislation, a host of associations have called for a "thorough assessment" of its impact to avoid damaging the sector's competitiveness.
09 December 2024
News/people
Open banking vendor TrueLayer reportedly laid of a quarter of staff in September in an attempt to push the loss-making firm to profitability.
18 November 2024
The UK Government has published its National Payments Vision (NPV), vowing to cut through the "regulatory congestion" facing the sector to deliver a world-leading ecosystem.
15 November 2024
News/devops
UK Chancellor Rachel Reeves detailed the financial services strategy launching in March 2025, which will focus on bolstering growth, developing fintech and sustainable finance sectors.
Bank of New Zealand has acquired Māori open banking fintech BlinkPay.
07 November 2024
The Bank Policy Institute and Kentucky Bankers Association have filed a lawsuit against the Consumer Financial Protection Bureau, alleging that the regulatory agency overstepped its authority on the release of new open banking rules
23 October 2024
Consumers in the US will be given the right to instruct their banks to transfer their financial data to other institutions, under new open banking rules devised by the Consumer Financial Protection Bureau.
22 October 2024
News/retail
Mastercard has unveiled a set of tools designed to make it easy for people to manage how they share their financial data with third parties.
Worldline is seeking to futher diversify its payment offerings with the launch of account-to-account payment services across ten European markets.
17 October 2024
Credit Referencing Agency AperiData has released a real-time open banking credit score to help lenders more accurately guage the ability of applicants with limited credit history to repay their debt.
14 October 2024
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