Tag : Open banking

Mastercard Extends Open Banking Efforts with Close of Finicity Acquisition
Banking Fintech News

Mastercard Extends Open Banking Efforts with Close of Finicity Acquisition

Fintech News Desk
Mastercard (NYSE: MA) today announced it has completed its acquisition of Finicity, a leading North American provider of real-time access to financial data and insights. Read More: Veracode Research Shows Financial Sector Leads In Fixing Application Flaws, Lags In Time To Remediate “Today is a great milestone as we continue......
More Regulations on the Horizon for Banks as Pandemic Exposes Security and Identity Verification Deficiencies
Artificial Intelligence Banking Fintech News Risk Management

More Regulations on the Horizon for Banks as Pandemic Exposes Security and Identity Verification Deficiencies

Fintech News Desk
OneSpan Global Financial Regulations Report reveals coming regulations on identity verification, Open Banking, AI, cryptocurrencies and biometric authentication aimed at enabling secure, digital economies OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today released the inaugural OneSpan Global Financial Regulations Report. The report examines regulatory and legislative initiatives......
Finicity and BMO Harris Bank Finalize Secure Data Access Agreement
Business Fintech News

Finicity and BMO Harris Bank Finalize Secure Data Access Agreement

Fintech News Desk
Agreement Demonstrates BMO’s Focus on Customer-Centric Digital Advancement and Open Banking Finicity, a leading provider of open banking solutions, announced today with BMO Harris Bank that they have signed a data access agreement. The agreement signals a commitment to empower consumers with more control and secure sharing of their financial......
Banking as a Service Platform Omnio Announces New Partnership for Its Credit Union Business KESHO
Banking Fintech News

Banking as a Service Platform Omnio Announces New Partnership for Its Credit Union Business KESHO

Fintech News Desk
Partnership will add a new level of secure data analytics for OMNIO KESHO client’s risk and affordability assessments Omnio, the Banking as a Service platform FinTech, has announced that its credit union business KESHO has agreed a partnership with Credit Kudos, an FCA-authorised challenger credit reference agency and Open Banking......
Nium Names Frederick Crosby as New Chief Revenue Officer
Banking Fintech News

Nium Set To Improve Services To Customers In Brazil And Turkey

Fintech News Desk
Open banking is transforming financial ecosystems all over the world. Since the European directive on digital payment services (PSD2) came into force on 2018, Europe has seen benefits for customers and businesses alike. Consumers have been given more control over the data and access to third party service providers, while businesses have......
Finicity Launches Finicity Lendâ„¢ to Accelerate the Next-gen Credit Decisioning Experience, Advance Open Banking
Banking Fintech News

Finicity Launches Finicity Lendâ„¢ to Accelerate the Next-gen Credit Decisioning Experience, Advance Open Banking

Fintech News Desk
Finicity’s new integrated set of credit-decisioning services to digitally transform lending with accurate, real-time and consumer-permissioned data Finicity, a leading provider of open banking solutions, today announced the rollout of Finicity Lend™ for credit-decisioning. Finicity Lend, an integrated solution set of open banking data services, provides banks, lenders and fintech developers access to tools......
IMB Bank Selects Virtusa for Open Banking Compliance in Australia
Banking Fintech News

IMB Bank Selects Virtusa for Open Banking Compliance in Australia

Fintech News Desk
Simplifies Access and Sharing of Banking Data for IMB Customers Virtusa Corporation (NASDAQ GS: VRTU), a global provider of digital strategy, digital engineering, IT services and solutions that help clients change and disrupt markets through innovation engineering, today announced that its CDR (Consumer Data Right) Solution has been selected by IMB......
London Based Money Transfer App, PassTo, Teams Up With TrueLayer to Offer Seamless International Payments
Banking Fintech Startups

London Based Money Transfer App, PassTo, Teams Up With TrueLayer to Offer Seamless International Payments

Fintech News Desk
London’s latest Fintech startup, PassTo, today announced the launch of its open banking feature in partnership with market-leading financial API provider TrueLayer, to offer Open Banking-based payments to its UK customers. Read More:Purewrist Launches Purewrist GO, an Affordable Mass Market Wearable Empowering Contactless Transactions with the Tap of a Wrist Launched......
Banking News

Ozow – Paving the Way for Open Banking in Africa

Fintech News Desk
Adding over 100,000 new users a month in South Africa and Namibia alone, Ozow is now taking steps to bring its payments platform to the rest of Africa and the world. “In a constantly changing global economy, traditionally dominated by large banks since 1472, (something which is unlikely to change......
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Do Regulations in Finance Need to Evolve Faster in Order to Keep Pace with Fintech?

Paroma Sen
At its core and over the last several years, fintech has successfully been utilized to assist companies and individual users in seamlessly managing their financial operations, the constant innovations and development of specialized software and algorithms that can be used easily via computers and personal smartphones has in turn simplified......
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