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equensWorldline helps 25 European banks reach first PSD2 compliance milestone

equensWorldline, a European card and payment processor, has helped 25 European banks reach the first milestone of PSD2 compliance.

Privitar bags $40m Series B led by Accel

Data privacy company Privitar has bagged $40m in its Series B funding round which was led by global venture capital firm Accel.

Has Open Banking realised its potential or is this just the beginning?

Open Banking has got off to a good start, but it’s time for it to capitalise on the full benefits it can give consumers and the market, according to Justin Fitzpatrick, CEO at DueDil.

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 Stripe claims.

FormAssembly rakes in first external funding with $10 Series A

FormAssembly, a web form platform streamlining the collection of data, has closed its Series A on $10m, marking the startup’s first external funding.

UK’s FCA releases rule changes to P2P platforms

The UK’s Financial Conduct Authority (FCA) has released the new rules for the peer-to-peer sector, in a bid to better protect investors without hindering the ecosystem.

Risk analytics startup OpenGamma gets SOC 2 certificate

Derivatives risk analytics company OpenGamma has received a Service Organisation Controls (SOC) 2 Type 1 Certificate.

PayPal invests in and partners with open banking platform Tink

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

TrueLayer said to raise $35m in its new funding round

TrueLayer, which designs data and payment APIs to support PSD2 compliance, has reportedly collected $35m in a funding round.

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.
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