OBE Chevrons Orange

Industry news

Apac banks see big benefits from Open Banking for commercial customers

Most large banks in Asia Pacific think providing Open Banking services for their commercial clients is a key strategic initiative in their digital transformation programmes, and many expect it to help them achieve double-digit revenue growth, according to research from Accenture. According to the study, 90% of large banks in…

RBS shrinks but turns to Open Banking

“NatWest and RBS have been shrinking,” said Adrian Smyth, head of payment innovation RBS, at an industry event in London last week. “As a bank we have historically, to be completely fair to us, seen people focus on getting the mandatory compliance aspect through, that’s not lead to a lot…

Double-digit revenue growth expected by banks who offer Open Banking services to commercial customers

Source: Accenture/Which-50   Most large banks said that providing Open Banking services for their commercial clients is a key strategic initiative in their digital transformation programs, and many expect open banking to help them achieve double-digit revenue growth, according to a global research report by Accenture. Open Banking enables financial…

CYBG launches B money management service

CYBG is ready to launch its very own money management aggregation service to its B customers.

New Open Banking Expo leads the way for developing a new banking framework

The Open Banking Expo, which launched in London on 27 November, has been hailed a huge success by visitors, speakers and exhibitors alike. Attended by leading high street banks, challenger banks and fintech businesses, Open Banking Expo is the only event focussed on the customer journey and consumer adoption of…

Fiserv Open Banking survey shows emergence of strategic focus

BROOKFIELD, Wis. & LONDON–(BUSINESS WIRE)–Nov. 27, 2018– Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced the results of a survey revealing insights into the implementation of open banking initiatives by banks in the U.K., Poland, France and Australia. To date, banks have primarily…

A Q&A Session with Biju Suresh Babu, Country Head, Fiorano Software UK

Biju is Country Head at Fiorano Software and sat down with Open Banking Expo to discuss his thoughts on the evolving PSD2 landscape.   How do you think PSD2 will change the financial services landscape? PSD2 will probably be the biggest and most impactful change in banking that our generation…

Experian unveils new Open Banking services

Source: Experian Experian has launched a new set of advanced Open Banking services. Affordability Check and Tennant Vetting Service are both innovations which will empower consumers to better understand and take control of their finances, while offering businesses the insight to deliver improved products and services. Experian is the only…

Westpac warns of “trust gap” hovering over digital identity in Open Banking

Source: it news Westpac technology chief Dave Curran has delivered a reality check to policymakers and the technology sector, cautioning crucial reforms including open banking and digital identity must be better explained and understood by the public if they are to be successful. As the clock ticks down to Australia’s…

PensionBee continues Open Banking integration

Source: FT Fintech company PensionBee has added another personal finance app to its list of open banking partners. The pension consolidator’s clients are now able to see their live pension balance within the Money Dashboard app, which has almost 500,000 registered users. The integration – which follows the partnership with Yolt…

Orange squiggle 2 opt