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Archive for 2022

Equitable announces agreement to acquire Concentra Bank for total purchase price of $470m

By OpenBankingExpo | 11 February 2022
EQ Bank Logo

Equitable Bank has entered into a definitive agreement to acquire a majority interest in Concentra, the 13th largest Schedule I bank in Canada.

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Network B turns to Nordigen for financial data to power client loyalty programmes

By OpenBankingExpo | 10 February 2022
Danske Bank UK and Aiia partnership

Network B plugs into Nordigen’s free Open Banking platform for raw transactional data as an alternative to card linking. 

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Novibet partners with Citizen to make gaming transactions safer and faster

By OpenBankingExpo | 9 February 2022

Novibet has teamed up with Citizen to make gaming transactions safer, faster and effortless by guaranteeing instant account-to-account (A2A) deposits and withdrawals, and simple payment journeys.

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Tink and Youtility partner to offer embedded subscription and carbon management tools

By OpenBankingExpo | 9 February 2022

Tink and Youtility have entered a strategic partnership to provide UK retail banks with embedded subscription and money management tools.

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GoCardless secures $312m to accelerate growth in open banking 

By OpenBankingExpo | 8 February 2022

GoCardless has secured $312 million in a Series G funding round, making it the latest European and UK tech unicorn valued at $2.1 billion.

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Boston Fed and MIT publish initial CBDC design research findings

By Ellie Duncan | 8 February 2022

The work produced one code base capable of handling 1.7 million transactions per second.

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SME online retailers can save £19,000 a month on transaction fees – Yolt

By OpenBankingExpo | 7 February 2022

Open Banking technology can help small and medium-sized online retailers save an estimated £19,000 by reducing transaction fees associated with payments providers.

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Bunq introduces investing feature to app

By Ellie Duncan | 7 February 2022

Through a partnership with birdee, ‘Easy Investments’ allows Bunq’s users to invest.

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Tribal secures $60m in Series B round for LatAm push

By Ellie Duncan | 4 February 2022

The B2B payments platform for emerging markets plans to use the latest proceeds to build out local teams in Brazil and Mexico, among other LatAm countries.

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Barclays unveils new fintech initiatives in partnership with Rainmaking

By Ellie Duncan | 4 February 2022

The Rise Start-Up Academy, a virtual digital skills-building accelerator for early-stage fintechs, is the first of the initiatives to launch, with more planned for later this year.

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