Industry news
Banking & Financial Expert and CMO at Equifax UK, Jake Ranson, spoke with Open Banking Expo to offer his thoughts on the Open Banking landscape and its outlook for 2019. January will mark a year since the implementation of Open Banking. So, how has Open Banking disrupted the traditional banking…
South Korean company JB Financial Group has signed a strategic memorandum of understanding (MoU) with CIMB Niaga for Open Banking platform business in Indonesia. The MoU will make JB Financial Group the first Korean banking group to export its Open Banking platform to Indonesia. It also acts as a substitute…
Regional Australia Bank have partnered with Basiq to provide input into a newly released Affordability Report, a new innovative new tool for their home lending specialists and customers. Rather than spending time requesting pay slips, credit card and bank statements the lender can spend more time where it matters most,…
Fiorano Software, a leading Enterprise Middleware, Integration and API Management specialist announced today that it has launched a ready-to-deploy sandbox ahead of the March 2019 deadline for PSD2. The sandbox is a key addition to Fiorano’s PSD2 Accelerator, designed for banks who need to deliver ASPSP interfaces for PSD2. At…
Bank technology firm Temenos has struck a deal to acquire banking services and on-boarding firm Avoka in one of the largest exits for an Australian FinTech, reports in the Australian Financial Review said Wednesday (Dec. 12). Switzerland-based Temenos will acquire Australia-based Avoka for $245 million, reports said, following Temenos’ acquisition…
iwoca, the UK’s fastest growing small business lender, today announces it has connected to Barclays and HSBC banks under Open Banking. This expands the number of Open Banking connections offered by iwoca to three, including Lloyds Bank, and will enable more than 60 percent of the lender’s customers to take…
The below blog from OpenWrks explores the latest Open Banking API statistics from the month 22nd October- 22nd November 2018. A couple of months ago we made the conscious decision to put a pause on the release of our bank performance stats to give the participating banks time to iron…
Turnkey Open Banking platform provider, Token.io Limited, today announces a partnership with Almoayed Technologies, the MENA region’s leading technology infrastructure development company, to accelerate open banking across the Arabian Peninsula. Ahead of the introduction of Open Banking regulations in Bahrain, also announced yesterday, Almoayed Technologies and Token have been working…
LendingMetrics has announced the launch of its new Open Banking platform OpenBankVision (OBV), which will provide consumer bank account data free of charge to bridging and other finance providers. The platform will allow users to access 90 days of bank statements with no minimum or maximum cap on the number…
Business finance marketplace, Funding Options, has been announced as one of the winners of the second phase of Nesta’s ‘Open Up Challenge’ – one of only three companies to have won both stages of this challenge. The Open Up Challenge prize is part of a package of reforms from the…
