Topic
Every INSIGHTEX story on Banking-as-a-Service & Open Banking: reporting, interviews and analysis.
Follow every new story here in your feed reader.
Tink, A Visa Solution, the market-leading open banking platform, has announced that 10,000 merchants have now chosen Pay by Bank via its Payment Service Provider (PSP) partnerships. Tink also recently hit a new €100M peak in a single day for its payment initiation services (PIS) across Europe, marking a tipping point in demand for Pay…
Kate Marsden, Chief Marketing Officer at award-winning, real-time payments provider Yaspa, argues that continued widespread user adoption of open banking will only come about when the mechanism has an established brand identity Pay-by-Bank. Pay by bank account. Account-to-account payments. A2A. Open banking. Instant payments… All of these terms are currently being used to refer to the…
Trustly, the global leader in Open Banking, has revealed UK holidaymakers spent 230% more year-on-year on travel in January 2024 using the secure account-to-account payment technology. January is often the most popular month to book holidays with many businesses offering discounts at the start of the year. The research shows the growing use of Pay…
Yapily – one of Europe’s leading open banking infrastructure platforms – has been selected by Adyen, the global financial technology platform of choice for leading businesses, to strengthen its Open Banking offering. Adyen will use Yapily’s leading data features to streamline onboarding and strengthen account verification, giving even more merchants across Europe a faster, more seamless, highly…
Norway-based Neonomics has acquired UK-based Open Banking platform Ordo to strengthen its commercialisation strategy and ability to offer services in the UK. Fintech Innovation AS, the parent company of Neonomics, has acquired 100% ownership of The Smart Request Company Limited Ltd, which trades as Ordo. The transaction has been fully approved by both the Financial…
Ohpen, the SaaS core banking platform for financial institutions and specialist in executing investments operations (BPO) that wants to serve customers better, today announces that it has signed a multi-year BPO partnership renewal with Dutch retail bank, de Volksbank. This move extends the two companies’ existing agreement, originally signed in 2016, when de Volksbank selected…
Fingular, a Singapore-based global neobank renowned for accelerating financial inclusion, has achieved a significant financial milestone, marking its rapid ascent in the fintech industry. Launched in late 2021, the neobank reached operational breakeven at the Group level in October 2024 while amassing 5.2 million customers globally. This achievement positions Fingular as one of the fastest-growing…
AperiData, the Open Banking credit bureau, today introduces its real time Open Banking credit score, AperiScore™. AperiData is authorised and regulated by the Financial Conduct Authority as a Credit Reference Agency (CRA) and Open Banking Provider. Leveraging these authorisations, AperiScore™ will enable lenders to move beyond the boundaries of traditional CRA data, allowing them to…
Ecommpay, a leading global payments platform, has announced the expansion of its partnership with Token.io, a top account-to-account (A2A) payment infrastructure provider, to optimize real-time open banking payments in four new European markets: the Netherlands, Spain, France, and Ireland. The extended partnership introduces Token.io’s virtual accounts into Ecommpay’s Open Banking Advanced solution, delivering significant improvements…
Complytek, a leader in AML compliance solutions, and Advapay, a specialist in core banking systems, have formed a strategic alliance to deliver a comprehensive end-to-end solution for fintech companies—allowing businesses to scale while staying fully compliant with both local and international regulations. Complytek offers cutting-edge AML tools, including AI-driven screening, automated onboarding, transaction monitoring, and…
CRIF and Ozone API, a leader in open banking API solutions, are pleased to announce a strategic partnership aimed at transforming the financial sector. This collaboration brings together CRIF’s extensive expertise in credit information and decision support systems with Ozone API’s advanced open banking technology and secure, standards-compliant solutions. Together, they will help financial institutions…
Griffin, the UK’s leading bank for fintechs, today announced it is opening its platform up to UK fintechs as it concludes its early access programme, Foundations. As a licensed UK bank and Banking-as-a-Service (BaaS) provider, Griffin enables companies to seamlessly embed banking products like payments, savings, safeguarding and client money accounts, and unlock more revenue…
