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To offer evermore innovative services and a best-in-class relationship experience to its clients, Societe Generale moves to the next level with its Innovation strategy. This strategy is based on strengthened relations with startups, applying key digital capabilities for the whole Group and creating new businesses. Digital transformation is a priority…
Credit: Finextra TrueLayer has launched an Open Banking and PSD2-based payments API, giving businesses and consumers an alternative to card payments and bank transfers. Financial API specialist TrueLayer say its new offering, now in public beta, is one of the first Open Banking and PSD2 -based payment APIs. Using the…
Experian has launched the first affordability check for gaming websites, which will assist in ensuring people gamble affordably. The affordability check can be made at the most appropriate point for customers, such as when there is a change in their account behaviour or specific behaviour may indicate an increased risk.…
Trusona, the global leader in passwordless authentication, announced today a passwordless 2FA integration for Pulse Connect Secure, a leading mobile virtual private network (VPN) that enables secure access from any device to enterprise applications. Designed with unprecedented security and user experience in mind, Trusona’s passwordless 2-factor authentication (2FA) is a…
Digital banking technology provider Crealogix has published a market research report suggesting that many banks aren’t doing enough to learn about their customers, which it argues will lead to reduced customer loyalty. The UK retail current account market has seen an influx of new competitors offering increased personalisation and other new…
Financial services leaders say finding the right partners is a major challenge As the first anniversary of Open Banking and PSD2 arrives, a report from law firm TLT finds that partnerships will be key to winning the race to launch successful open banking products. However, the report also finds that…
Virtusa, a global provider of digital strategy, digital engineering, and IT outsourcing services that accelerates business outcomes for its clients, announced today the successful implementation of the Middle East region’s first Open Banking Sandbox with Emirates NBD, a leading banking group in the UAE. The Open Innovation Platform, developed by…
Volante Technologies Inc., a global provider of software for accelerated end-to-end payments processing and financial message integration, today announced that Bank Leumi (UK) has selected VolPay Open Banking to implement PSD2 compliance and enable open banking business models. Bank Leumi (UK) is a specialist and relationship bank based in the…
Nordea is launching Instant Reporting, a new Open Banking solution that enables corporate customers to access their own accounts and integrate real-time data with their own systems and processes. It is the first offering from Nordea that moves beyond legal requirements in PSD2 and turns Open Banking into a commercially…
Plaid, a US fintech that enables consumers to connect their bank accounts to other financial services providers through application programming interfaces (APIs), has acquired Quovo, a similar startup, per a blog post. Although financial details have not been disclosed, Plaid is said to be paying around $200 million for its…
