In the space of a week, Petal and newly-formed spin-off, Prism Data have made two significant announcements, super charging open banking.
Open banking is not a new concept. More than a decade ago companies like Yodlee were allowing their 30 million...
One of the hottest U.S. based fintech startups is now live in the UK with their first two customers; Plaid...
Finastra CEO Simon Paris tells CNBC that European Banks are falling behind their U.S. counterparts when it comes to innovation;...
Leading UK digital bank, Revolut, is bringing its open banking data aggregation feature to its one million Irish customers; the...
According to a report by Which almost 92 percent of consumers have not heard of open banking; slow adoption by banks is one reason for the low numbers; another reason is many people have started to use non bank services for payments or other tasks, the term open banking is still relatively new; banks are starting to innovate, by building or partnering, and open banking will only help to push innovation forward. Source.
Portugal based BNI Europa has formed a partnership with German software firm NDGIT to expand their open banking offering across...
There was a lot of anticipation of what might happen in the UK as lawmakers put in place the Payment...
With the advent of open banking ING says they see themselves more as an intermediary within a financial services marketplace;...
Lend Academy answers the question: Where does the UK stand after more than two months since the introduction of open banking? Source