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.
Onna collects $11m in Series A to support product expansion
Onna, a centralised data platform, has netted $11m in its Series A equity round to support the expansion of its central information access product.
The European Commission publishes guidance on free flow of non-personal data
The European Commission has published guidance on the free flow of non-personal data.
Open banking solution Yapily secures $5.4m in seed
Yapily, which builds APIs connecting banks with other providers, has secured $5.4m in its Seed funding round.
