Tag: Open Banking

With the Consumer Financial Protection Bureau’s (CFPB) proposed changes to personal financial data rights, open banking could soon make its way to the US As firms in the country get excited about the development, should wealth managers be taking note?  

TrueLayer, the foremost player in Europe’s open banking payments scene, today made headlines by becoming the inaugural European open banking payment solution to be featured on Stripe’s Payment Element.

Despite data being the lifeblood of wealth management, many firms lack complete and clean datasets. Brian Costello - head of data strategy and governance at Morningstar Wealth - recently sat down with FinTech Global to explore how ByAllAccounts is helping wealth technology enterprises, platforms and the wealth managers they serve improve their use of data.

Token.io, a leading account-to-account (A2A) payment infrastructure provider, has expanded its influential open banking network across Europe. Working alongside Paysafe, a prominent payment platform, the two companies aim to redefine the payment landscape in Scandinavia.

Westpac NZ's venture capital division, Red Bird Ventures, has taken the lead in a $1.4m funding round for Akahu. The Kiwi FinTech firm also saw participation from co-investors K1W1 and NZ7 Investments in this round.

Key Lending Technology investment stats up to Q3 2023 • Lending Technology deal activity is on track to reach 521 transactions in 2023, a 15%...

Wagestream, the financial wellbeing app, is set to acquire Keebo, in a bid to assert its commitment to improving the financial health of shift and frontline workers in the UK.

NatWest, a digital-focused relationship bank championing potential for the 19 million individuals, families, and businesses they serve in the UK and Ireland, has unveiled their innovative service called Enriched Transactions.

Tietoevry Banking, a dominant force in financial technology solutions worldwide, has teamed up with the Maldives Monetary Authority (MMA), the nation's central banking entity, to roll out an advanced instant payments and smart addressing system.

Swedish FinTech Brite Payments has successfully secured $60m in a recent funding round led by Dawn Capital, with participation from Headline and existing investor Incore Invest.