Tag: PSD2

Europe could lose €57bn following SCA implementation – Stripe study claims

Europe is set to lose €57bn in economic activity in the first 12 months after Strong Customer Authentication SCA takes effect, a study from...

PayPal invests in and partners with open banking platform Tink

Open banking API developer Tink has received an investment from online payments giant PayPal.

85% of EU consumers are unaware of PSD2 – Mastercard study

A study from Mastercard has revealed 85 per cent of consumers in the EU are not aware of PSD2 or have very little knowledge of it.

Open banking solution Yapily secures $5.4m in seed

Yapily, which builds APIs connecting banks with other providers, has secured $5.4m in its Seed funding round.

Open Payments closes seed round on €1.2m to support launch in...

Sweden-based Open Payments has closed its seed funding round on €1.2m to support launch of its product in the Nordics and Europe.

The OBIE releases latest open banking standards

The Open Banking Implementation Entity (OBIE) has published the latest open banking standard.

Stripe acquires Touchtech Payments in preparation for looming SCA regulatory requirement

Payments processor Stripe has acquired Dublin-based Touchtech Payments to ready itself for the impending Strong Customer Authentication (SCA) regulation.

Lunar Way selects Tink’s API to provide new mobile banking app...

Danish challenger bank Lunar Way has chosen the Tink API to add new payments and personal finance tools to its mobile banking app.

Khaleeji Commercial Bank partners with Token for open banking services

Bahrain bank Khaleeji Commercial Bank (KHCB) has formed a partnership with Token.io to support its open banking services and meet new regulatory requirements.

Klarna launches new open banking solution

Payment provider Klarna has released its own open banking platform which will provide 4,300 European banks access to its single access to account (XS2A)...

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