Yolt links up with Anorak to give users life insurance advice

Money management app Yolt has plugged Anorak into its platform, giving users access to personalised and impartial advice from the life insurance specialist. ING-owned Yolt is a free app that lets Brits view their bank accounts and credit cards in one place, promising to give them a real view of…

Open Banking Expo announces former Google UK MD and an Open Banking visionary as keynote speakers

Open Banking Expo has today announced the appointment of two fintech heavy-weight speakers for its morning and afternoon keynote sessions. Google’s renowned former managing director is confirmed as the morning keynote, who will offer a unique insight on the future of Open Banking. Now MD, Fintech at Blenheim Chalcot, Dan…

Judo Capital to use Temenos technology for digital banking

Australian challenger bank Judo Capital has selected banking software company Temenos as its breaks into the country’s SME sector. Judo Capital is set to use the Temenos T24 Core Banking, Channels, Analytics and Financial Crime Mitigation solutions to to power its charge into the business banking sector. According to Temenos, the…

Barclays app lets customers see accounts from other providers

Taking advantage of the UK’s new Open Banking environment, Barclays has introduced a feature that lets customers view current accounts from several other banks within its mobile app. Customers who have a personal or business current account with Lloyds, Halifax, Bank of Scotland, RBS, NatWest, Nationwide or Santander can now…

How the adoption of AI and Automation in banking is evolving.

Banking is perceived to be a conservative industry, but necessity is now forcing the sector to seriously consider the opportunities presented by artificial intelligence (AI) and automated decision-making. On one level, the United Kingdom’s Competition and Markets Authority’s Open Banking revolution is really forcing banks to rethink how they use…

Round table review: Open Banking ‘could drive down the cost of advice’.

Open Banking could drive down the cost of advice, participants at a recent roundtable hosted by Bravura Solutions Limited (Bravura) predicted. The attendees, which included senior platform executives, workplace savings providers and financial advisers, believe the use of banking data would not only improve the standard of advice in the…

Open Banking Standards version 3.0 published

The Open Banking Implementation Entity (OBIE) is pleased to announce the publication of the Open Banking Standards, version 3. This update builds significantly on the version of the Standards that launched in March 2018, effectively giving account providers who implement them in full, a solution that complies with the EU’s…

Irish fintech Priviti sniffs Open Banking opportunity in Australia

As Australia prepares for its new Open Banking standards and the Consumer Data Right, Priviti, the global fintech company, is helping banks get ready to comply with new legislation and empower consumers with greater control over how their personal data is shared. Its extensive experience with global data protection laws…

Xero launch Open Banking journey

New-Zealand-based cloud accounting platform Xero has announced the imminent release of an open banking API. The full featured API will allow banks, fintechs, and financial institutions to integrate with the platform with minimal development, the company said. As a result, data can be imported via direct bank feeds, allowing for…

Open Banking and the evolution of digital payments

Consumers are set to benefit from an improved user experience under Open Banking, but what is the opportunity for banks and PSPs in the new Open Banking era? Open Banking is without doubt one of the most significant changes in the European banking sector in recent years. Many banks in…