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Industry news

Italy’s illimity switches on Open Banking platform

Italian digital bank illimity has introduced electronic scooter-sharing firm MiMoto and fitness tracker Fitbit as the first partners for its Open Banking-based collaborative ‘Hubs’ offering.

Yolt Technology Services partners with Jortt to provide its PSD2 offering to the online accounting platform

The partnership will see Yolt Technology Services incorporate its Account Information Services into the Jortt platform.

ING Open Banking platform secures additional funding

ING spinout that helps international clients manage multiple bank accounts has raised €10 million in its first external funding round.

TransUnion launches enhanced Open Banking solution putting affordability in the spotlight

The launch will see an evolution of its end-to-end, API-driven Open Banking solution.

Nuapay appointed to deliver Payment Initiation Services to UK Public Sector

The agreement will enable public sector organisations to benefit from accepting Openanking payments through Payment Initiation Services for the first time.

SurePay successfully launches Confirmation of Payee in the UK

Dutch FinTech is already playing a key part in delivering Covid-19 payments from HMRC at scale.

Open Banking Implementation Entity launches App Store to simplify Open Banking during COVID-19

The Open Banking Implementation Entity (OBIE) has launched an online app store to help individuals and companies navigate Open Banking services.

Tandem Bank agrees deal with Trusona to enhance customer security

The deal will see Trusona provide PSD2-compliant, passwordless strong customer authentication (SCA) to enhance customer security and safety of data.

Facebook and PayPal invest in Indonesian app Gojek

Facebook and PayPal have announced investment in Gojek, the Indonesian firm which began life as a ride-hailing app.

PayPal and Tink expand partnership to enhance growth in Europe

PayPal has made a second strategic investment in Tink in order to continue its growth alongside Tink in the wider European market as it continues to explore opportunities within the Open Banking space.

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