Tag: Open Banking

Nuapay acquisition by GoCardless: A strategic move towards full-service bank payment...

GoCardless, a leading bank payment company, has entered into an agreement to acquire Sentenial, which operates globally under the Nuapay brand, from EML Payments Limited, pending regulatory approval.

Cheddar relaunches savings app amidst cost of living crisis

Cheddar, a pioneering FinTech company known for its innovative rewards applications, has unveiled its latest product aimed at alleviating the financial pressures of the cost of living crisis for consumers in the UK.

Mastercard simplifies subscription management with open banking-powered solution

Mastercard, a global leader in payment technology, has launched an open banking-powered solution which seamlessly integrates into consumer banking applications for financial institutions.

SAVIS and Konsentus forge path for open banking revolution in Vietnam

SAVIS, one of Vietnam's foremost providers of digital capabilities and a critical technology services supplier to the financial sector, has joined forces with Konsentus, a global leader in open banking advisory services and trust infrastructure.

The UK dominates European Lending Tech in 2023 with a 47%...

Key Lending Tech investment stats in 2023: • European Lending Tech deal activity totalled at 43 transactions in 2023, a 45% decrease from 2022 • European...

Montreal’s Zūm Rails raises $10.5m from Arthur Ventures to expand open...

Zūm Rails, a Montreal-based company at the forefront of integrating open banking with instant payments, has successfully concluded its Series A funding round, securing $10.5m CAD.

OpenPayd and TrueLayer forge strategic partnership to revolutionize instant payments

OpenPayd, a pioneering global payments and Banking-as-a-Service (BaaS) platform, has entered into a strategic partnership with TrueLayer, Europe's premier open banking payment network. This collaboration aims to bolster OpenPayd's instant payment solutions across the UK and Europe, enhancing the payment experience for their global clientele.

Inside the rise of open banking

In recent months open banking has gained serious traction and customers are no longer hesitant to embrace it. With the long-term debate surrounding open banking seemingly settled, a handful of RegTech industry experts gave their views on the growth of the offering.

European FinTech companies raise over $100bn in 2019-2023

European FinTechs raised a combined $104.8bn between January 2019 and December 2023. The UK accounted for nearly half of the funding with $48.4bn raised...

Canadian FinTech deal activity in 2023 sees lowest levels in past...

Key Canadian FinTech investment stats in 2023: • Canadian FinTech deal activity reached 144 deals in 2023, a 48% reduction from 2022 • Canadian FinTech companies...

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