Most European executives optimistic about open banking

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.

The biggest challenges giving the RegTech sector a headache right now

From getting accurate data to responding to new regulatory challenges, there are plenty of opportunities and obstacles to overcome for RegTech innovators.

illimity unveils new banking service that integrates its platform with other banks

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.

Tink inks open banking partnership with Lydia

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.

Fabrick launches two turnkey PSD2 solutions

Italian RegTech company Fabrick has launched two ready-to-use solutions enabling companies to remain compliant with the updated Payments Services Directive (PSD2).

RBS’ banking app Bó faces another setback as it forces 6,000 customers to destroy...

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.

Barclays strengthens security against fraud with new biometric finger vein scanner

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 launches open banking feature

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...

Monzo is trialling an open banking feature despite the founder’s previous scepticism of open...

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.

News Stories

LendingClub reveals the strain of seasonal expenses on US financial health

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, and PYMNTS Intelligence have partnered to shed light on the financial challenges faced by US consumers.
Praxent

Robin Smith takes on Chief Revenue Officer role at Praxent

Praxent, a financial services digital consultancy, has expanded its leadership by ushering in Robin Smith as Chief Revenue Officer. Smith, an enthusiast of FinTech and...
ESMA

ESMA shifts focus: Navigating the digital and green transitions in 2024

The European Securities and Markets Authority (ESMA) has recently unveiled its work programme for 2024.
This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

FinTech sector drops this week with only 24 deals

This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.
SEC

SEC reviews Scope 3 emissions in upcoming climate disclosure rules

The U.S. SEC has received feedback against the inclusion of Scope 3 emissions in their proposed climate disclosure rule.

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