Open Banking
HSLU-Studie: Schweizer Banken tun sich schwer mit Open Banking
Open Banking könnte längerfristig zu Strukturanpassungen der Schweizer Bankenlandschaft führen. Denn für kleinere Banken ist die Öffnung der Bankdaten eine grosse Herausforderung. Dies zeigt die neueste Sourcing Studie der Hochschule Luzern. Das Sourcing der Retailbanken hat gegenüber dem Vorjahr nur
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Mastercard Launches New Financial Inclusion Open Banking Initiative in Europe
Mastercard is announcing its latest open banking innovations in Europe – Account Owner Verification, a new solution that enables a frictionless experience aimed to instantly verify people are who they say they are. To further fuel the ambitions of Mastercard’s
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Mastercard Invests into Italian Embedded Finance Fintech Fabrick
Mastercard and Open Finance sector pioneer Fabrick announced an expanded new partnership to develop Embedded Finance solutions that will improve the digitalization of businesses, financial institutions and fintechs across Europe. As part of the agreement, Mastercard has made a minority
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Fabrick Acquires Mobile Payments Firm Judopay, Expands Footprint in the UK
Fabrick, an Italian open banking solutions provider, announces that it has acquired UK-based mobile payments company Judopay. Details of the transaction was not disclosed. This acquisition marks an important step in Fabrick’s expansion into the UK market. Judopay will continue
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Mastercard Launched Open Banking for Account Opening Solution
Innovations in finance and payments are unlocking new experiences for consumers and fintechs alike. As of 2022, 78 percent of adults in the U.S. prefer to bank via a mobile app or website. As more people open accounts and manage
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Multibanking for Private Customers? Swiss Banks Sign Memorandum of Understanding
A group of banks in Switzerland headed by the Swiss Bankers Association (SBA) has signed a memorandum of understanding – with the goal of enabling initial multibanking offerings for individuals by mid-2025. SBA and its member institutions view the opening
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Finanzguru Bags €13 Million in Fundraise Led by SCOR Ventures, PayPal
Finanzguru, a German financial advisor enabled by open-banking, announced that it has raised €13 million in a funding round led by new investors SCOR Ventures and PayPal Ventures. This brings its total funds raised to €27 million since its launch
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Inventx erwirbt Mehrheitsbeteiligung an Wiler Spezialistin für Daten-Transformation
Die Inventx übernimmt rückwirkend per 1. Januar 2023 die Aktienmehrheit der DTI-Gruppe. Die DTI ist eine unabhängige Dienstleisterin für digitales Informationsmanagement mit Sitz in Wil SG, einer über 25-jährigen Firmengeschichte und Expertise in der digitalen Transformation und im Informationsmanagement. Sie wird
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Swiss Government Plans to Promote Open Finance in 2024
During its meeting on 16 December 2022, the Federal Council discussed open finance developments in Switzerland. It has instructed the Federal Department of Finance (FDF) to submit measures to it by June 2024 in the event that the financial sector
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Moneyhub Kicks Off Fundraise With £40M From Legal & General, Lloyds Bank
Open finance platform Moneyhub has secured an initial £35 million in its latest funding round led by asset manager Legal & General and Lloyds Banking Group, with an additional £5 million debt facility provided by Shawbrook Bank. The investment will
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