Archive for January 2019
Raisin and Santander Spain announce Open Banking tie-up
Source: Fintech Finance Santander Spain customers can register using the Santander Connect button, which facilitates registration at Raisin. Raisin today announced an Open Banking agreement with Santander Spain that allows customers to authorize the bank to share with Raisin defined data for the registration process, such as the customer’s name, date of birth, ID or…
Read MoreSociete Generale strengthens global Open Banking strategy
To offer evermore innovative services and a best-in-class relationship experience to its clients, Societe Generale moves to the next level with its Innovation strategy. This strategy is based on strengthened relations with startups, applying key digital capabilities for the whole Group and creating new businesses. Digital transformation is a priority of Societe Generale’s “Transform to…
Read MoreTrueLayer launches Open Banking-based payments API
Credit: Finextra TrueLayer has launched an Open Banking and PSD2-based payments API, giving businesses and consumers an alternative to card payments and bank transfers. Financial API specialist TrueLayer say its new offering, now in public beta, is one of the first Open Banking and PSD2 -based payment APIs. Using the payment initiation process created by…
Read MoreOpen Banking innovation to assist in responsible gambling
Experian has launched the first affordability check for gaming websites, which will assist in ensuring people gamble affordably. The affordability check can be made at the most appropriate point for customers, such as when there is a change in their account behaviour or specific behaviour may indicate an increased risk. A total of £5.4 billion…
Read MoreVendor announcement: Trusona introduces passwordless 2FA integration for Pulse Connect Secure VPN
Trusona, the global leader in passwordless authentication, announced today a passwordless 2FA integration for Pulse Connect Secure, a leading mobile virtual private network (VPN) that enables secure access from any device to enterprise applications. Designed with unprecedented security and user experience in mind, Trusona’s passwordless 2-factor authentication (2FA) is a more secure and streamlined method…
Read MoreCrealogix advises banks to get to know their customers better or risk losing out
Digital banking technology provider Crealogix has published a market research report suggesting that many banks aren’t doing enough to learn about their customers, which it argues will lead to reduced customer loyalty. The UK retail current account market has seen an influx of new competitors offering increased personalisation and other new customer-centric mobile banking features. A…
Read MoreLack of partnerships holding back Open Banking innovation, report finds
Financial services leaders say finding the right partners is a major challenge As the first anniversary of Open Banking and PSD2 arrives, a report from law firm TLT finds that partnerships will be key to winning the race to launch successful open banking products. However, the report also finds that selecting the right partners is…
Read MoreVirtusa’s open innovation platform powers the first Open Banking Sandbox in the Middle East
Virtusa, a global provider of digital strategy, digital engineering, and IT outsourcing services that accelerates business outcomes for its clients, announced today the successful implementation of the Middle East region’s first Open Banking Sandbox with Emirates NBD, a leading banking group in the UAE. The Open Innovation Platform, developed by Virtusa’s innovation hub, is a…
Read MoreBank Leumi (UK) selects Volante Technologies’ VolPay Open Banking PSD2 solution
Volante Technologies Inc., a global provider of software for accelerated end-to-end payments processing and financial message integration, today announced that Bank Leumi (UK) has selected VolPay Open Banking to implement PSD2 compliance and enable open banking business models. Bank Leumi (UK) is a specialist and relationship bank based in the UK. By choosing Volante’s Open…
Read MoreDownload: Open Insurance whitepaper
This latest white paper is brought to you by The Open Insurance Initiative. The whitepaper takes a deep dive into the relationship between InsurTech and third party providers and how this can aid the promotion of shared customer data within the insurance sector when looking at innovation, customer experience and competition. Source: Open Insurance Initiative…
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