Tink inks deal with Italian bank BNL

Open banking startup Tink has entered into a partnership with BNL to launch a multi-banking service to the Italian bank's app.

Minna Technologies raises £14m in Series B round

Subscription management company Minna Technologies has raised £14m in a Series B round to fund the development of its open banking technology.

FinTechs urge the FCA to pull the plug on big banks’ data dominance

The Coalition for a Digital Economy (Coadec) has urged the UK's top financial regulator to make open banking truly open in 2021 and to "break" banks' dominance.

Citi builds FinTech open banking marketplace for FinTechs

Investment bank Citi is building an open banking marketplace where third party FinTech firms can sign data access agreements to customer-approved accounts with eight startups and data aggregators.

Should you outsource or build your own WealthTech solutions?

Implementing digital wealth management solutions can be tempting for many companies. However, the choice of whether they should build their own, enlist vendors or mix the two approaches is far from easy to make.

Tink adds €85m in investment round extension

Open banking platform Tink has added another €85m to its coffers in a new investment round-extension co-led by new investor Eurazeo Growth and existing investor Dawn Capital.

Firms paid $10.4bn in fines over the last year for breaking money laundering, privacy...

The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.

Singapore authorities launch new infrastructure for improved financial management for citizens

While open banking is still to be fully realised in Europe and the US, Singaporean authorities have joined forced to launch a digital infrastructure that offers something similar.

Most European executives optimistic about open banking

European financial institutions are in general optimistic about open banking, but a risk of internal alignment could be holding them back, new data from Tink reveals.

Nordigen launches free API to solve the European “hot mess” of open banking

Credit scoring startup Nordigen has launched a new open banking API to solve the issue of expensive solutions in the market, taking a swing at companies like Tink and Plaid in the process.

News Stories

FBI

FBI gives disinformation warnings ahead of 2022 midterms

The FBI has warned of potential foreign influence operations that may spread disinformation to impact the results of the 2022 midterm elections in November.
Funding-rounds-FinTech

Lending companies shine in this week’s FinTech deals

This past week saw a diverse range of deals closed, lending companies fared particularly well in the highest value deals.
CMS

How to ensure compliance with new CMS requirements

The Centers for Medicare and Medicaid Services have implemented new electronic communications recording, disclosure and oversight rules. How can you stay compliant? 
Ali-FinTech-financial-health-rasies-$25m-offer-Brazilians-fair-credit

Ali secures $25m to offer Brazilians fair credit

Ali, a FinTech that partners with companies to offer financial health solutions for employees, has raises $25m in Series A funding.
Jiko-cash-management-raises-$40m-Series-B-T-bills

Cash management FinTech Jiko bags $40m

Jiko, a cash management FinTech, has raised $40m in Series B funding to empower businesses of all sizes to store their cash in higher yielding spendable T-bills.

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