The Global Open Banking market is on the brink of a substantial expansion, with projections indicating a rise from USD 35.4 billion in 2024 to a significantly higher value by 2032. This growth is driven by the secure sharing of financial data through APIs (Application Programming Interfaces), which
The fintech industry has experienced remarkable growth over the past decade, driven by innovations that are redefining how financial services are accessed and delivered. One of the primary catalysts for this transformation is the advent of open banking APIs. These application programming interfaces
The financial services landscape is undergoing a significant transformation with the advent of open banking and its progression towards open finance. These innovations promise to enhance interoperability, customer experience, and financial inclusivity on a global scale. As of January 2024, figures
As we inch closer to 2025, the payments industry is set to undergo significant transformations, driven largely by consumer preferences and advancements in technology. A recent survey conducted by payabl has shed light on the dramatic shifts in the payment landscape, emphasizing the increasing
Lean Technologies, a prominent fintech infrastructure provider based in Riyadh, has recently secured a substantial US$67.5 million in Series B funding. This impressive financial feat was led by General Catalyst, significantly boosting Lean's total funding to over US$100 million. The primary
Trustly, an innovator in open banking payments since 2008, has taken a significant step in its ambitious growth trajectory by appointing Henrik Wallström as its Chief Technology Officer (CTO) for European operations. With this strategic decision, Trustly aims to further solidify its position and
