Tag: Open Banking

Nearly half (43%) of large financial institutions have adopted open banking, according to a report from identity management company Curity.

One in four UK merchants predict open banking to become the most popular payment method by customers in the next five years, according to a report from Nuapay.

Open banking payments platform Token.io has scored $40m in its Series C funding round, as it looks to boost the shift to open banking.

FinTech platform Ayden has partnered with open banking company Tink to bolster the offering of open banking-powered payments.

Volume, which stylises itself as the transparent checkout startup, has scored $2.4m in its oversubscribed pre-seed funding round.

The Competition and Markets Authority (CMA) has published its recommendations for the future oversight and governance of the open banking sector in the UK.

Electronic Money Institution ConnectPay has linked with Salt Edge, a provider of banking banking solutions, to boost its open banking offering.

Open banking firm Ecospend has partnered with digital identity network Yoti to integrate both services together.

Research by Yolt has found that the adoption of open banking could save SME online retailers over £19,000 a month in transaction fees alone.

Open banking platform Ecospend has partnered with banking-as-a-service (BaaS) provider Contis to offer a wide range of BaaS products to both its customers.