Open banking

510 articles tagged with this keyword

/people

Atom Bank restructures tech leadership team

UK-based Atom Bank has announced a series of changes to its technology senior leadership team, including a chief of staff and a new AI and data science team.

/retail

Citizens delivers open finance payment features and direct deposit tools

In an exclusive interview with Finextra, Chris Powell, head of deposits and customer engagement at Citizens, reveals how open finance has powered simpler switching and streamlined mobile payments.

/inclusion

Equifax Australia and Mastercard use open banking to boost credit access

Equifax and Mastercard are using open banking data to boost credit access for millions of Australians with limited or no credit history.

/markets

Wise shares fall after Q1 earnings miss analysts' forecast

UK fintech Wise is counting the cost of falling short of analysts' expectations after its latest quarterly results triggered a sharp fall in its share price despite a solid financial performance that saw most metrics increase.

/regulation

JP Morgan to charge fintechs for customer data

Fintechs wanting access to banks' customers' data may have to pay for the privilege, according to a report from Bloomberg on US bank JP Morgan.

/payments

Lloyds Bank in talks to acquire Curve - Sky News

The UK's largest high street bank is reportedly in talks to buy digital wallet provider Curve.

/payments

Yonder launches debit cards

British credit card rewards startup Yonder has launched its first premium debit cards.

/wealth

Envestnet to sell open finance business Yodlee to PE firm STG

Envestnet is selling its open finance and data analytics unit Yodlee to private equity firm STG. Financial terms of the deal were not disclosed.

/retail

UK launches Smart Data Group to bring benefits of open banking to more sectors

The UK is looking to build on the success of open banking through the launch of a government-backed, industry-led Smart Data Group designed to unlock £28 billion in economic value across a variety of sectors.

/retail

New data access bill paves the way for evolution of open banking to open finance

The UK Government has passed the Data (Use and Access) Bill through the House of Parliament, paving the way for expansion of open banking and smart data sharing across multiple business sectors.

/payments

HSBC invests in Token.io

HSBC has made a strategic investment in account-to-account open banking payments vendor Token.io. The value of the investment was not disclosed.

/payments

Deutsche Bank and Mastercard team on open banking payments

Deutsche Bank and Mastercard are working together to bring open banking payments to merchants and consumers across Europe.

/payments

Monzo surpasses £1bn revenue milestone

UK fintech Monzo has recorded a sharp rise in profitability and posted revenue in excess of £1bn for the first time.

/payments

Visa A2A payments land in the UK

Card giant Visa is taking aim at the UK's burgeoning account-to-account market through its new pay-by-bank offering.

/regulation

CFPB to ditch open banking rule

The Financial Technology Association (FTA) has hit out at US regulators over plans to rescind open banking rules, calling the move a "handout to Wall Street banks".

/payments

UK government seeks open banking supplier for Universal Credit

The UK government has begun a procurement process to find an open banking technology supplier for use with its Universal Credit social security payments.

/security

UK businesses would adopt open banking for security benefits

More than 40% of British businesses are keen to integrate open banking into their operations citing the potential benefits of increased security and fraud prevention, but many are held back by lack of understanding, according to a study from NatWest.

/regulation

CFPB to revisit open banking rule

In its latest about-turn under the Trump administration, the Consumer Financial Protection Bureau is preparing to reopen its recently finalised open banking rule, according to Bloomberg Law.

/payments

UK FS players agree to fund delivery of commercial VRPs

A group of 31 players in the open banking and payments industries has committed to fund efforts to create a new company that will bid to put Variable Recurring Payments on a viable commercial footing in the UK.

/markets

IFGS 2025: How can the UK become a world leader in fintech?

In two expert panels at IFGS 2025, speakers considered how geopolitical tensions are impacting the global fintech industry, and strategised how the UK can lead the space.