Tag: Open Banking

A study by Swedish open banking platform Tink has found 41% of European financial executives believe the shift online caused by the Covid-19 pandemic is permanent.

UK banks HSBC and Barclays have railed against open banking reforms as the amount they have spent to share customer data with smaller rivals has been 'significantly higher' than original estimates.

American Express has teamed with Swedish open banking business Tink to bolster the latter’s onboarding process for new card members.

Fintecture, which aims to make instant payments safer and cheaper, has reportedly collected €6.2m in its seed round.

London-based payments company Volt has introduced Volt Connect – a new cash management service aimed at making the open banking payment process more transparent.

Dutch challenger bank Bunq has partnered with London-based payments company Volt to provide a faster way for Bunq customers to transfer money from other accounts.

FinTech mobile platform Fiskl has partnered with PayTech leader Nexi to bolster the latter’s open banking offering.

UK-based open banking platform TrueLayer has closed a Series D investment round on $70m.

Open banking platform Tarabut Gateway has bagged $13m in its seed round, which was led by Target Global.

Almost half of the banking executives around the world are looking to digitalise their businesses, according Temenos' new research.