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Industry news

A shot in the arm for business banking

For years, small and medium sized enterprises (SMEs) have felt underserved and undervalued by their banks, pushed aside in favour of larger companies that come with big fees, higher lending and larger balances. But things are about to change.

Insight: Jennifer Reynolds, President & CEO , Toronto Finance International

As the Canadian Government prepares to enter into an election Open Banking Expo Magazine caught up with Toronto Finance International on the rise and rise of the Open Banking narrative in Canada

Stripe launches new funding line

Stripe has launched Stripe Capital, an easier way for internet businesses running on Stripe to access capital.

UK FinTech start up Railsbank raises $10M Series A for its Open Banking platform

London, UK-based Railsbank, which operates an Open Banking and ‘regtech’ platform, has raised $10 million in a Series A funding round.

FinTech North hits the North East

Following successful conferences in Manchester and Leeds this year, FinTech North has announced its first full-day conference in the North East.

WSO2 and Allevo to offer Open Banking solutions to Romanian financial services market

Open source integration vendor WSO2 has announced that Bucharest-based financial software provider Allevo is now a WSO2 Consultative Integration Partner. As the supplier states, Allevo will join forces with WSO2 for developing the design and delivery of customized Open Banking solutions aimed at the banks and the third party financial…

Better than banking

Company announcement: New CEO for Token

Token announced earlier this week the appointment of Todd Clyde to the position of CEO, effective immediately.

Experian data share requests soar

Experian is handling more than 20 million Open Banking data sharing requests a month as the initiative grows.

HM Treasury confirms affordable credit programme

The UK’s Treasury has joined forces with an innovation foundation to make affordable credit accessible to a broader UK market, offering £2m in development grants.

NatWest launches debt assistance tool

NatWest has launched an online tool in partnership with Paylink Solutions, aimed at customers in financial hardship.

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