Tag: Open Banking

Norwegian bank group SpareBank 1 has picked Nets Access to Account Services (NAAS) to support its open banking infrastructure.

None of the tested bank APIs released by the 14 June deadline have met quality requirements of PSD2, according to new analysis by Tink.

Estonian financial institution Tallinn Business Bank (TTB) will use open banking platform Token to meet PSD2 compliance in new partnership deal.

Open banking platform Token has scored a new round of funding from investors including EQT Ventures and banking giant BNP Paribas.

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

Synapse, a banking API developer, has closed its Series B on $33m to support its growth strategy for 2019 which includes the launch of brokerage accounts.

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.

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

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

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.