Tags Open Banking

Tag: Open Banking

Fintech Galaxy continues financial inclusion goal with seed round close

UAE-based open innovation platform Fintech Galaxy has collected $2m in its seed round to support its goal of boosting financial inclusion in the Middle East and North Africa.

European open banking report reveals huge growth potential for the sector

A report by open banking firm Yolt Technology Services (YTS) has found that up to 40% of banking customers across the continent are not currently using an open banking solution.

40% of financial institutions could take a decade to implement open...

A survey by open banking platform Tink has found that four in ten executives believe it will take their organisation between 5-10 years to fully implement open banking.

Almost half of UK consumers would use open banking for quicker...

Zopa has found 4 in 10 UK consumers would use open banking to apply for credit if it boosted the chance of getting an offer or gave them access to better rates than banks.

Integrated Finance closes £2m seed round to improve collaboration in finance

Integrated Finance, a FinTech infrastructure platform, has netted £2m in its seed funding round, which will bolster its platform development.

Mastercard acquires open banking company

Mastercard has acquired open banking technology developer Aiia to help its customers develop and launch new digital solutions that meet the needs of everyday life.

Whitepaper finds almost half of UK consumers have confusion about open...

A whitepaper by payment service provider Ecommpay has found 48% of all UK consumers have some level of confusion regarding open banking and its uses.

Open banking could save lenders 18,000 work hours annually

Open banking could help lenders save around 18,000 work hours each year, as well as reduce the costs of processes, according to a study from Yolt Technology Services.

Fime bags certification to support growth of open banking in India

French FinTech Fime has revealed it has been empanelled as an official certifier to support the growth of India’s open banking ecosystem.

EBA report examines operating model for digital and open banking readiness

The Euro Banking Association’s (EBA) Open Banking Working Group has published a report that explores an operating model for banks on their way to digital readiness.

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