News

Royal Bank of Canada (RBC) has launched NOMI Budgets, a solution available on the bank’s app that uses artificial intelligence (AI) to analyse a customer’s spending history.The feature recommends an appropriate budget and sends timely updates to help keep customers on track.

ING customers in France now have more choice in how they manage their money and make online payments. From today, licensed third parties can – with the explicit request of customers – access their payments accounts to initiate payments, confirm the availability of funds, or get account information, for example for a money management app.

Open Banking Expo has been shortlisted for Best Conference at the AEO Excellence Awards. Open Banking Expo, which launched in London on 27 November, was hailed a huge success by visitors, speakers and exhibitors alike. Attended by leading high street banks, challenger banks and fintech businesses, Open Banking Expo focussed on the customer journey and…

Today marks the launch of Tully. A FinTech start-up that is free for consumers and created to improve financial education, make it easier for people to manage their money and repay debts faster. The start-up’s innovative approach to money management has caught the attention of like-minded industry names such as Nationwide. Currently, the debt of an…

Credit Kudos, challenger credit bureau and leader in commercial applications of Open Banking, announced they have raised £2.2m in their latest round of funding.

Gregory Pennington, one of the UK’s largest and longest established debt management companies, has integrated an Open Banking solution, provided by Equifax in partnership with AccountScore, into its annual customer review process.

The biggest bank in the Nordic Region has launched an Open Banking solution that enables corporate customers to access their accounts and integrate real-time data into their own systems and processes. The tool, named Instant Reporting, gives companies access to their accounts, balances and transactions and allows them to complement their current file-based systems by…

Norwegian bank Sbanken has selected payment solutions provider Nets to support its Open Banking journey across the Nordics and Europe. Nets’ single integration solution will give Sbanken access to account information in all banks in Norway and beyond through PSD2 APIs. This will enabling Sbanken to develop services for its customers as a third party…

Three challenger banks have been awarded grants totalling £280m to improve business banking for small and medium-sized enterprises (SMEs). Metro Bank, Starling and ClearBank have been awarded grants of £120m, £100m and £60m respectively by the RBS Alternative Remedies package. The money is part of a £775m fund backed by the UK Government and overseen…