Five Spanish banks complete blockchain POC for interbank payments
The platform has programmed more than 20,000 instant credit transfers.
The platform has programmed more than 20,000 instant credit transfers.
The start-up wants to create a bank-agnostic branch network.
Zazu pivoted to digital banking in 2017.
Its CCO speaks to FinTech Futures about the firm’s one-platform and auto-code approach.
There is still more to do, a lot more, and it heavily relies on banks’ cooperation.
Unlocking the benefits of open banking.
The fintech is moving into wealth and expanding to the US.
The fintech has worked with Mastercard since 2011.
The upgrade “promises to set an industry standard for Islamic banking in the country”.
FinTech Futures speaks to Rajashekara V. Maiya at Infosys Finacle about open banking.
If open banking was to deliver on its promise, the opportunity for growth would be enormous.
The only technology model for future payments ecosystems.
Sopra Banking Software serves roughly 1,500 banks and financial institutions.
ANZ, NAB, Westpac and Commonwealth Bank have all gone live with APIs.
CEO Ed Maslaveckas says aggregation is “least disruptive” part of open banking.
The value of the acquisition has not been disclosed.
The Swedish bank has roughly 6.2 million customers.
Why companies that have nothing to do with finance will get into financial services.
The launch date was moved up because “open banking can make life easier in lockdown”.
This follows a similar acquisition of Plaid by rival Visa in January.
Both firms entered the market in 2011 to bring APIs to payments.
It also signalled its intention to move more of its workforce to Texas.
The acquisition is IBM’s first since its $34bn buyout of Red Hat in 2018.
COVID-19 has already led to a shift in mindset for many businesses.
It has raised an undisclosed funding round to help build out its product.
Forward Partners, MMC and Alliance Ventures participated in the round.
Data sharing enables banks to more effectively serve customers across the lifecycle.
“They will be at the heart of our transformation,” says bank.
Sparkle already has a banking license from Nigeria’s central bank.
The acquirer wants to boost revenues by 25%.
The bank partnered with the Transport Corporation of India.
As part of the deal Tink will cover all countries in EEA for PayPal.
The open banking firm has been added to the Payment Acceptance Framework.
The firm is also looking to hire between 40-50 new developers.
Johanna Pugh spent four years at core banking provider Finastra.
Phased implementation will start in November 2020.
The insurance platform expands its global footprint.
The start-up’s funding round was led by San Francisco-based Class 5 Global.
The services will help develop APIs alongside evolving regulations.
It’s set to launch for the bank’s users in Norway, Finland and Denmark “in the coming months”.