Project Jura is a a public-private collaboration led by Banque de France, Swiss National Bank and the BIS Innovation Hub, as well as a group of private sector firms comprising Accenture, Credit Suisse, Natixis, R3, SIX Digital Exchange and UBS.
The Australian bank said that upon completion of the deal next month, the technology behind the MoneyBrilliant app will be integrated into its digital banking app.
De Nederlandsche Bank has issued Yolt with a license to enable it to expand across Europe, independently of its parent company ING.
It comes after the two companies announced a strategic partnership to develop joint Open Finance solutions in Latin America.
Enfuce, the leading European Card-as-a-Service (CaaS) platform for modern card issuing and processing, has announced a successful €45 million Series C investment round led by international growth investor Vitruvian Partners.
Germany’s ecolytiq will embed Tink’s ‘Transactions’ product into its sustainability solution for banks and fintechs in the DACH region.
The €193 million raised by Bunq will be used by the challenger bank to ‘fuel’ its European growth, particularly in France and Germany, and double staff numbers by end of next year.
Partners Funding Options and Capitalise.com are the first to natively embed Funding Circle into their website to offer business loans of up to £500,000.
Eyal Sivan, head of Open Banking at Axway, explains why ‘strong leadership’ is only part of the way to get Open Banking over the line in Canada, and what it can learn from Brazil’s implementation journey.
The Open Banking payments platform said the announcement marked its entry into the retail sector, with Glossybox, Zavvi and Myprotein among the initial 10 THG brands to add Vyne to their checkouts.
