Open Banking
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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Swiss Professionals Show Reticence to Share Data Despite Seeing Opportunities in Open Banking
In Switzerland, the finance and banking industry believes open banking offers considerable opportunities across all major use cases. But despite the realization that the sector is moving towards greater openness and connectivity, there is a clear discrepancy regarding the practical
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Tresio Partners With Latvia’s Nordigen to Gather Its Customers’ Financial Data
Financial planning platform Tresio has partnered with freemium open banking provider Nordigen to further enhance its financial tool via accurate, real-time data. Tresio’s partnership with Nordigen allows it to source customers’ financial data directly from their bank accounts within seconds
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Open Banking Adoption: 1578 Banking Platforms and 5564 APIs Worldwide
Around the world, open banking adoption is rising steadily, embraced by a growing number of banks and fintech companies to provide innovative financial products and tap into new market segments. A new report by Platformable, a Barcelona-based startup building data
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Argentina Paves the Way for Open Banking
In Argentina, the central bank is paving the way for open banking, introducing new regulation and initiatives to encourage digital payments and enable interoperability. New measures for regulating virtual wallets were adopted in May 2022 by the board of Banco
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France Central Bank Officer Praises the Potential of Open Finance
The European Union (EU) was among the world’s pioneers in open banking regulation, adopting since the late 2000s a series of directives to allow new types of market players to provide payment services alongside credit institutions, ultimately increasing competition and
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Swiss Banks Slow to Embrace Open Banking
In Switzerland, banks and financial institutions have been slow in embracing the open banking movement, a delay that can partly explained by institutions’ conservative corporate culture as well as an overarching fear of losing customers to third parties. These are
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Worldline kooperiert mit dem Fintech- Kredit-Prüf-Unternehmen Algoan
Worldline kooperiert ab sofort mit dem Französischen Fintech-Unternehmen Algoan, einem führenden Anbieter von Kreditwürdigkeitsprüfungen. Ziel ist es, gemeinsam eine innovative Lösung zur Bonitätsprüfung zu entwickeln, die Kreditgebern und Dienstleistern hilft, schnelle und gleichzeitig sichere Kreditentscheidungen zu treffen. Der Dienst wird
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Open Finance, Green Fintech Among Swiss Federal Council’s Top Areas of Focus for Coming Years
Switzerland’s Federal Council has set out 12 key fintech trends and technologies it will be putting a focus on for the coming years as part of the government’s ambition to establish the country as a top business location for digital
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3 Key Trends Transforming the Swiss Wealth Management Industry
Open financial ecosystems, data and analytics, as well as sustainability are the top three most impactful trends shaking up the Swiss wealth management industry. These trends are forcing traditional players to rethink themselves and innovate in order to maintain their
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