Bud launches open banking solution for payments
CEO Ed Maslaveckas says aggregation is “least disruptive” part of open banking.
CEO Ed Maslaveckas says aggregation is “least disruptive” part of open banking.
The Swedish bank has roughly 6.2 million customers.
The service uses open banking infrastructure.
The launch date was moved up because “open banking can make life easier in lockdown”.
Open banking platform continues expansion in Asia.
This follows a similar acquisition of Plaid by rival Visa in January.
The UK’s CMA is looking into potential anti-competitive implications.
The bank launched just nine months ago.
Co-founder & CEO of Plum offers his insights on how COVID-19 affects savings.
The challenger is gearing up for a launch later this year.
It has raised an undisclosed funding round to help build out its product.
The fintech to provide receipts management in Chase’s banking app.
Data sharing enables banks to more effectively serve customers across the lifecycle.
Real-time payments and fraud: balancing customer relationships and security.
It’s therefore important for banks to make sure they are dealing with legitimate and regulated TPPs.
ANNA has been busy onboarding customers and adding features to its platform for SMEs.
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
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.
But we are already drowning in a sea of data.
The separation of customer management from product management has very strong advantages.
Phased implementation will start in November 2020.
The start-up’s funding round was led by San Francisco-based Class 5 Global.
Edinburgh-based fintech prepares for next growth phase.
It’s set to launch for the bank’s users in Norway, Finland and Denmark “in the coming months”.
The investment values it at $110m, with the founders keeping a 40% stake in the start-up as part of the deal.
Why is it hard to get into open banking as a new player?
“The region is super scattered,” says co-founder, Mohammed Aziz, regarding open banking regulations.
It’s a cheaper, faster & more secure method for online payments, so why aren’t PIS being more widely used?
Let’s dive into the ‘HOW’ of this innovation that has made payments simpler and far more secure.
Yolt’s chief business officer unpacks his thoughts on Brexit & the future of finance.
The fintech will now look to raise up to £400,000 on Crowdcube.
“It will give firms what they’ve longed for – real-time understanding of the figures.”
The number one concern, unsurprisingly, is ensuring online security.
“We’re opening the door to another level of innovation,” says founder.
YTS said it was processing 14 million API calls on average per week.
The fresh capital will initiate an “aggressive growth” plan to achieve pan-European coverage.
“They must embrace Open X or risk becoming irrelevant,” says John Berry, CEO of Efma.
The fintech is headed by ex-Virgin Money CEO Dame Jayne-Anne Gadhia.