The aim is to give small and medium-sized businesses the tools they need to turn the Covid-19 crisis into opportunity.
Partnership with fintech company CoGo will give NatWest customers access to an on-the-go carbon emissions calculator informed by their personal spending.
The round included participation from existing investors, including Anthemis, Connect Ventures, Northzone and Temasek.
The move strengthens Tink’s connectivity coverage and solidifies its market leading position in the UK.
Study from Yolt Technology Services shows 42% of banks are looking to improve service provision and boost customer satisfaction in the year ahead.
This functionality means ClearBank customers will benefit from increased liquidity and improved visibility into cash flows.
71% of financial executives across Europe have compliance-related open banking use cases as their number one investment area.
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Conviction Investment Partners agree multi-million pound investment driven by ‘Open Banking’ market opportunity.
The new service sees the business become the first UK bank to use Open Banking to enable credit card holders to pay their balance.
The patent partnership announcement will provide banks with the infrastructure to play on both sides of the Open Banking ecosystem.
The latest cohort of members will bring the total number to 140 as FDX looks to transform the way in which consumer and business data is shared.
Fintech companies, among others, are encouraged to enter their innovative solutions for a chance to win up to £475,000.
The ELITE community includes over 1400 innovative small and medium sized companies from 45 countries, all of whom are committed to building on success and preparing for the next stage of growth.
The tender is worth £3 million and will go live in early 2021.