Tag: Open Banking
Salad Finance raises £4.3m to aid credit-invisible workers
Salad Finance, which claims to be the UK's largest consumer lending Community Development Finance Institution (CDFI), the largest cumulative raiser of retail capital of...
Source of funds moves to the centre of UK compliance
Source of Funds compliance has spent much of the past decade as a background AML task, a box ticked on higher-value transactions rather than...
Why wealthy clients’ hidden assets are banks’ biggest blind spot
Few wealthy clients keep their fortune with a single bank. Assets are typically spread across several custodians, multiple bank accounts, property and alternative investments....
Will embedded finance push banks into the background?
Embedded finance is reshaping how customers access financial services. As banking moves away from standalone experiences and into the digital platforms people use every...
Why AI has ended banks’ knowledge edge in wealth management
The debate around AI in wealth management usually revolves around tools, automation and efficiency. But according to fincite co-founder and CEO Friedhelm Schmitt, this...
Plend secures up to £50m facility from Triple Point
Plend, the FCA-authorised consumer lender that provides affordable credit to borrowers overlooked by mainstream high-street banks, has secured a senior revolving credit facility of...
Salt Edge backs Sientia to grow open banking loyalty
Salt Edge, an open banking and open finance platform that has operated globally for more than 13 years, has made an investment in Sientia,...
Why AI could strip banks of their last advantage
For decades, banks built their wealth management business on knowing more than their clients. According to fincite, that advantage has already slipped away, and...
Shacom Bank taps Planto to end SME multi-bank blind spots
Shanghai Commercial Bank has joined forces with FinTech firm Planto to roll out an advanced Inter-bank Financial Insights solution in early 2026, giving its...
CFPB rethink leaves open banking compliance in limbo
Open banking has firmly arrived in the US, yet the regulatory framework underpinning it remains anything but settled, leaving banks facing a strategic dilemma:...










