News
Open Banking Expo Magazine to host breakfast briefing event
Open Banking Expo Magazine is to host a breakfast briefing event in London in collaboration with Equinix. Solving the Open Banking Maze will address whether the sector is harnessing the opportunities presented by the PSD2 directive. This free-to-attend breakfast briefing is taking place on 3 July 2019 in London and will bring together Open Banking pioneers…
Read MoreFintech Yapily raises $5.4M for Open Banking API
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.
Read MorePayPal look to Tink in the Open Banking market
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.
Read MoreNot about banking
As Open Banking evolves beyond apps that collate customer accounts, the incentives for customer adoption are becoming clearer. Joe McGrath looks at some of the innovators creating a buzz…
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.
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