Industry news
The Konsentus Open Banking Hub (OB Hub), a SaaS based solution, runs in a national cloud infrastructure, has end to end functionality and helps create, support and secure vibrant Open Banking economies across the globe.
Early 2021 has been earmarked for the launch.
PayPal Ventures invests £9 million into Modulr, a leading Payments as a Service API platform, to help it accelerate digital businesses’ adoption of embedded payments
Visa’s clients will now be able to create a fully digital journey for their SME customers, from onboarding, to underwriting, to account and portfolio management
The partnership uses Open Banking to help landlords and agents get a more accurate picture of a prospective tenant’s income, expenditure and creditworthiness
The funding will be co-led by MiddleGame Ventures and Ventura Capital.
New credit card account openings are down 60% since the lockdown in March and sub-prime applications have jump 143% August to September.
Oakbrook’s new venture offers customers a superior application journey and pre-approved offers which reflect their personal circumstances without impacting their credit scores.
OpenWrks will be making their consumer budgeting application, MyBudget, and its Open Data services available to Visa’s clients across Europe.
When complete, Contis’ 250+ clients will be able to utilise Token’s AISP and PISP functionality to deliver open banking services to their end-customers through the Contis platform.
