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Industry news

Thought Machine lands $83m for banking expansion

The funding line will fuel the next phase of the company’s growth and global expansion plans. By Dippy Singh

Canadian banking challenger outlines launch plans

Neo Financial, the group backed by venture capitalists Harvest Partners, has unveiled its initial proposition.

Is the UK prepared for the US invasion?

With Goldman Sachs, Morgan Stanley and JP Morgan entering the UK retail market, Dippy Singh asks what’s the appeal?

Blog: Challenging the ‘status quo’ in Open Finance

Open Banking shouldn’t just be about the bottom line. It’s also a real opportunity to help the most vulnerable in our global societies, writes Adam Cox.

Payments sector could lose $200 billion in four years

Companies operating within the payments industry are predicted to lose billions to online payment fraud over the next four years, according to a new study. By Jenny Turton

How banks plan to innovate in 2020; partner, acquire or build from within?

How banks plan to innovate in 2020; partner, acquire or build from within?

Customers embrace Open Banking for personal loans

Consumers are increasingly likely to consider a loan from a non-traditional brand. By Jenny Turton

Yapily increases European coverage for Open Banking with new partnerships in Ireland and Italy

Due to growing customer demand, enterprise connectivity platform Yapily has this week announced it has expanded its accounts coverage to Ireland and Italy.

Youtility raises £4.5 million in funding round

The fintech innovator will use the money to develop new product lines and to evolve its data insights platform. By Jenny Turton

Insight: Open Banking & SMEs: Serving the underserved

Many SMEs report being underserved, especially when it comes to accessing finance. FriendlyScore investigate how the FinTech sector is working to address such problems.

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