Posts by OpenBankingExpo

Westpac Group has welcomed the first stage of open banking in Australia by today launching generic product data as part of the Federal Government’s pilot program.

Newcastle Building Society has used Open Banking tools to launch a digital debt help service for customers in financial difficulty.

Source: Yolt Yolt, the smart thinking money app, today announced it has extended its payment test phase to UK customers who bank with Nationwide, Santander and Barclays. Following the successful launch of ‘Yolt Pay Beta’ just two months ago with six of the major high street banks, the app is now extending its test phase…

The government must give consumers the means to share their financial data safely and securely by facilitating Canadian Open Banking.

Source: Lloyds Banking Group Lloyds Banking Group has launched an app that allows customers to see their current accounts, savings and other features across three of its brands. The new app links Lloyds Bank, Halifax and Bank of Scotland accounts in real time. The group said that under the new system a Halifax current account…

Source: Starling/Bottomline Technologies Bottomline Technologies, provider of financial technology for business payments, is launching its Real Time Payments Express Service in partnership with Starling Bank, which allows banks and corporates to send, receive and track payments in real-time to any UK bank account. Bottomline, who was already the payment technology supplier of Starling, aims to…

Yapily is the London-based fintech startup offering an Open Banking-based API platform, enabling financial services providers and other kinds of enterprises, like merchants, to connect to banks. In its seed funding the startup recently raised $5.4 million.

PayPal Holdings has invested 10 million euros ($11.2 million) in Tink, a Swedish company that enables banks and financial technology start-ups to access financial data more easily, the companies said on Tuesday.

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.

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.