Archive for May 2019
Industry Insight, Andrew Moor, CEO, Equitable Bank
Canada Focus In last year’s federal budget, Canada’s Finance Minister committed to studying the merits of Open Banking. Understandably, his decision triggered intense discussion among industry insiders and policymakers but we are now gradually seeing a broader conversation take place in the media. As a supporter of Open Banking but also an industry insider, I…
Read MoreBig ambitions
Through lending and payments, the world’s technology giants have already taken a piece of the financial sector. But so far, they’ve stopped short of becoming fully-fledged banks. What’s holding them back, asks Joe McGrath. In Open Banking circles, the prospect of Google, Amazon, Facebook and Apple (GAFA) entering the mainstream banking market was always thought…
Read MoreIndustry Insight: Fouad Husseini Founder, Open Insurance Initiative
The quickly-rising number of conferences, InsurTech (insurance technology) hubs, podcasts and online InsurTech magazines across the globe is indicative of an industry that is looking to reshape its image, products, and customer experience.
Read MoreOne in ten European banks to fall away?
A.T. Kearney is predicting the demise of one in ten European banks over the next five years as more agile digital challengers embrace the changes wrought by Open Banking to increase their market reach.
Read MoreKonsentus and Neonomics in strategic partnership
Konsentus, a RegTech company that delivers SaaS solutions to Financial Institutions to enable them to be PSD2 Open Banking compliant have announced a new strategic relationship with Neonomics.
Read MoreFirst past the post for Khaleeji Commercial Bank
Khaleeji Commercial Bank has become the first bank in Bahrain to be fully compliant with the Central Bank of Bahrain’s Open Banking directives.
Read MoreIndustry Insight: Yvonne Dunn, Pinsent Masons
Open Banking is ushering in a brave new world, with many possibilities as to how it could develop. Already parts of the industry are expanding the discussion from Open Banking to Open Finance – looking beyond banking to additional applications.
Read MoreNational Bank of Bahrain enhances Open Banking services
Bahrain’s national bank partners with Tarabut Gateway, Bahrain’s first licensed open banking systems provider, to enable customers to access new digital services and aggregate all their accounts from different banks
Read MoreToronto FinTech Koho Financial raises $42million to fund growth plans
Koho Financial Inc., the Toronto-based company behind a mobile-banking service that has helped more than 120,000 Canadians track their spending, has raised $42-million in growth capital.
Read MoreThe ID Co. secures seed funding for international growth
Investors in start-up fintech include Amadeus Capital Partners and SixThirty.
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