Industry news
Proptech company Goodlord has struck a partnership with open banking provider TrueLayer, which it says will improve its functionality and service offering to letting agents, landlords and tenants. Goodlord’s proprietary technology streamlines a range of lettings services, including deposits, contracts, compliance, tenant move-in assistance, insurance and referencing. The business says…
On 9 May 2018, the Australian government announced it will implement the recommendations of the recent Review into Open Banking by both creating a Consumer Data Right (CDR) within the banking sector and developing a data sharing framework to facilitate an open banking regime. The CDR was first suggested to…
Business customers are now able to use the DirectID platform to access the UK’s Open Banking services with live connections to all the most significant UK banks including Barclays, HSBC, Lloyds Group (Lloyds, Halifax, Bank of Scotland), Santander, The Royal Bank of Scotland, and Nationwide as well as a number…
ForgeRock, the leading platform provider of digital identity management solutions, announced today the availability of the ForgeRock Open Banking Directory. Continuing its commitment to innovation and industry leadership, ForgeRock has delivered a reference bank implementation and directory, providing a technical sandbox for organizations looking to build and test Open Banking/PSD2…
TrueLayer, the London startup that’s built a developer platform to make it easy for fintech and other adjacent companies, such as retailers, to access bank APIs — and ride the Open Banking and PSD2 gravy train — has picked up further $7.5 million in funding. Leading the round is venture…
Digital banking fintech Revolut called in police and regulators in the last few months after finding suspected money laundering on its system. Revolut contacted the National Crime Agency and City watchdog the Financial Conduct Authority after finding the suspected payments. The digital challenger bank was founded in London in 2015…
ClearScore is to use Open Banking to offer users a detailed insight into their financial situation, with prompts to switch mortgages and credit cards. The credit checking firm’s OneScore will combine credit scores with information pulled from current accounts, along with data from assets, savings and protection in an effort…
Online research from Equifax has revealed the lack of awareness of banking options among consumers. When presented with a list of digital banks 60% hadn’t heard of any of the brands and only 20% would opt for a challenger bank if opening a new account today. The survey, conducted…
Metro Bank has launched its developer portal, opening up the bank’s platform to FCA-registered third-parties wishing to build services on top of its APIs and helping to create more choice and opportunities for consumers and businesses to better manage their money. Built in collaboration with Google’s Apigee team using Apigee’s…
Nationwide Building Society has challenged the fintech community to develop Open Banking technology that helps improve the lives of the one in four UK households who are financially squeezed – equivalent to 12.7 million people Launching in September, Open Banking for Good will pair established fintechs and start-ups with debt…
