Latest news

Open Banking Nigeria welcomes Pngme to extend international partnership

The partnership will bring its expertise to help service providers reach new markets.

Open Banking Nigeria welcomes Pngme to extend international partnership

The partnership will bring its expertise to help service providers reach new markets.

Clear Bank: The bank of the future

A multi-million pound grant, an experienced and well-connected management team and a corporate strategy to be envied. Could ClearBank be the first to break the UK banking oligopoly? Joe McGrath investigates…

Conrad Ford, Founder & CEO, Funding Options

As with so many innovations in the world of finance and technology, Open Banking was going to revolutionise the way consumers and businesses manage their finances and access financial services.

Breakfast Briefing

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…

Fintech 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.

PayPal 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.

Not 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…

Big 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…

Fouad Husseini

Industry 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.

One 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.

Konsentus 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.

First 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.

Industry 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.

National Bank of Bahrain enhances Open Banking services

Bahrain’s national bank partners with Tarabut Gateway, Bahrain’s first licensed open banking systems provider, to enable customers to access new digital services and aggregate all their accounts from different banks

Toronto FinTech Koho Financial raises $42million to fund growth plans

Koho Financial Inc., the Toronto-based company behind a mobile-banking service that has helped more than 120,000 Canadians track their spending, has raised $42-million in growth capital.

The ID Co. secures seed funding for international growth

Investors in start-up fintech include Amadeus Capital Partners and SixThirty.