European financial institutions are in general optimistic about open banking, but a risk of internal alignment could be holding them back, new data from Tink reveals.
From getting accurate data to responding to new regulatory challenges, there are plenty of opportunities and obstacles to overcome for RegTech innovators.
Italian lender illimity has launched a payment initiation service (PIS) that enables customers to make payments from accounts with other banks, consolidated in the illimity platform.
French mobile payment app Lydia has tapped Swedish FinTech Tink to use its open banking technology, empowering it to leverage access to PSD2 APIs across Europe.
Italian RegTech company Fabrick has launched two ready-to-use solutions enabling companies to remain compliant with the updated Payments Services Directive (PSD2).
The Royal Bank of Scotland’s (RBS) banking app Bó has suffered yet another setback after it had to send out new cards to 6,000 customers as their old ones were non-compliant with the EU’s strong customer authentication (SCA) rules.
Having unveiled the original finger vein scanner in 2014, Barclays has now updated the technology to boost security even more.
Biometric identity verification company iProov signs deal with NorthRow to boost customer due diligence...
iProov, the spoof-resistant biometric authentication technology company, has revealed that it has inked a partnership with RegTech venture NorthRow.
Danske Bank has become the second bank in UK to launch an open banking feature through its mobile banking app. Costumers who also have a personal current account with...
Challenger bank Monzo is testing out a new feature enabling customers to easily move money from other banks' accounts, despite founder Tom Blomfield's previous scepticism of open banking.