Industry news
After years of mumbling that there was “no margin” in small business banking, will traditional banks think again about how they serve SMEs? Traditional banks should heed warnings about the itchy feet of their small business clients. A lack of appetite for risk has left many traditional high street…
CEO at Open Vector, Carlos Figueredo, spoke with Open Banking Expo to offer insight into his thoughts on the Open Banking landscape and the current ‘state of play’ ahead of the event later this month. 1.What opportunities does Open Banking offer your business? Open Vector was established specifically to assist governments,…
Emirates NBD API sandbox is now live setting the stage for collaboration in an Open Banking environment. The API sandbox makes Emirates NBD more accessible to developers with API technology. This will boost the bank’s role in accelerating the region’s innovation ecosystem as well as creating increased value for its…
Atom Bank and Newcastle University have set aside three years to conduct research on trust in financial services and how companies can design better digital banking services. The UK’s first bank built exclusively for smartphones and tablets is embarking on a million-pound project with computer science, psychology and banking experts…
Nottingham-based fintech OpenWrks has been named the first company or third party provider (TPP) in the world to be approved by the UK’s Financial Conduct Authority (FCA) and listed in the Open Banking directory.
AIB has launched Ireland’s first industry standard* Open Application Programming Interfaces (APIs).
Token has made history by becoming the first licensed Payment Initiation Service Provider (PISP) to conduct an end-to-end payment through a public bank API.
Online lender iwoca is reporting that it has successfully released Open Banking for all new customers with a Lloyds Bank account. iwoca says it is the first ever business lender to connect with any of the UK’s nine largest banks under the Open Banking initiative, launched in January 2018. The…
Following the UK banks’ ambitious move towards open banking, fintech hubs across the globe have been following suit, leading to a banking revolution that could fast-track the development of fintech—particularly fintech based on personal wealth and spending habits. With Singapore’s authorities taking keen note of this trend, it is no…
Equifax, the consumer and business insights expert, announces the latest development in its partnership with consents.online, integrating Equifax Bank Account Verifier into the Open Banking journey. The new solution means identity information such as the consumer’s name, address and date of birth, can for the first time be matched with…
