Industry news
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.
Khaleeji Commercial Bank has become the first bank in Bahrain to be fully compliant with the Central Bank of Bahrain’s Open Banking directives.
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.
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
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.
Investors in start-up fintech include Amadeus Capital Partners and SixThirty.
Shawbrook Bank has announced it is now live with Monzo offering up its savings products to Monzo customers.
Funding Options has partnered with Runpath, a part of Experian, to develop a cash flow management tool that will allow small business to better manage its finances.
It’s easy to push a narrative of fintech upstarts versus the big incumbent banks, but the more subtle reality is that as well as competing on numerous fronts, there are partnerships being formed across the board.
The Emerging Payments Awards is returning for its twelfth anniversary this year and will be staged at a new exciting venue, the InterContinental London O2.
