Tag: Open Finance

January 23, 2023

Multinational banking group HSBC has received an official warning from UK’s Competition and Markets Authority (CMA) regarding failures in providing the correct information about the Open Banking processes. According to the UK’s Competition and Markets Authority (CMA), the bank published […]

November 15, 2022

With approximately six million users of open banking and more than 230 regulated providers, the UK has been a leader in the segment, creating a blueprint for open banking. “We should sit down and take stock of how much we’ve […]

November 9, 2022

Twenty-two per cent of CEOs, chairmen and directors admit that the banks and building societies they work for are unlikely to become compliant with the regulation by the time the April deadline comes around. This is the central concern of […]

September 23, 2022

Members include: Armalytix, Crezco, finAPI, GoCardless, Nuapay, Ordo, Plaid, Token, TrueLayer, Volt.io, Worldline, Worldpay, Yapily. With the introduction of legislation in 2016 (the Payment Services Directive [PSD2]) consumers and businesses were given the right, for the first time, to access […]

September 13, 2022

The integration between Vyne and Pendragon uses open banking to eliminate the need for manual bank transfers. It follows the recent announcement that Vyne will deliver open banking payments to Pinewood, one of Pendragon’s solutions for automotive dealer management. The […]

September 8, 2022

The BaaS fintech has brought to life Verify, its customer onboarding product set to assist fintechs in onboarding customers at scale while simultaneously meeting regulatory requirements. “Our mission is to create a technology-driven bank that we believe will blend the […]