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Latest news

UK retirement savings fintech Smart raises $95m to scale globally

Aquiline Capital Partners led the Series E funding round in Smart, which expects AuM to exceed £10bn in by end of first half of 2023.

German fintech Moss advances European business with Deutsche Bank partnership

Deutsche Bank will handle the receipt, custody and shipping of all funds for Moss.

Zip raises $100m in Series C round, launches ‘Intake-to-Pay’ platform

Y Combinator, Tiger Global and CRV invested in Zip, valuing the US-based company at $1.5 billion.

NTT Data Payment Services bolsters anti-financial crime ‘defences’ with Facctum

The regtech’s screening platform FacctView has been selected by the PSP to “enhance the effectiveness and efficiency of risk controls”.

Q&A: Bud’s Ed Maslaveckas on ‘building for the future’ by launching in the US

The chief executive officer of Bud tells Open Banking Expo about breaking America, why its technology is “way ahead of the market” and its latest product development.

Axway forms partnership with Envestnet to ‘realize the promise of Open Banking’

The partnership will allow consumers to access their financial data via a secure, common API.

Total UK fraud losses declined in 2022 but ‘risks remain elevated’

Official data from UK Finance revealed that more than £1.2bn was stolen through fraud, while 78% of APP fraud starts online.

Mastercard unveils Open Banking-powered digital account opening tool

‘Open Banking for Account Opening’ verifies a consumer’s account ownership and their identity in real-time.

US fintech Petal raises $35m, spins off B2B data arm Prism

The new funding has been led by Valar Ventures and includes strategic investments from Synchrony and Samsung Next.