Nordigen, the only free open banking platform, is partnering with SME lending provider Spotcap to support lending solutions with in-depth customer insights.
Today, we celebrate four years of open banking in the UK. Over these last few years the innovative practice has brought us more control over financial information, a plethora of apps and services that would fall flat without open data sharing, and an endless supply of opportunities to take finance further.
Tonik Digital Bank, the Philippines’ first digital-only neobank, is tapping Google Cloud’s advanced platform to accelerate financial inclusion for all Filipinos.
There is huge untapped potential value that could be created by increased use of financial data. Not only will economies that adopt open data ecosystems see GDP growth of up to 5 percent by 2030, but all participants of such an ecosystem would reap the benefits.
As Huawei continues to identify new routes for innovation in the financial services industry, it has today announced plans to enable Open Banking services on AppGallery through a new partnership with Neonomics - the leading pure API platform provider.
China’s ‘Big Four’ banks include the Industrial & Commercial Bank of China, the China Construction Bank, the Bank of China and the Agricultural Bank of China. Together they have a reported combined asset value of $17.321 trillion.
Using Nordigen’s account information API, Authologic clients can now access their open banking data to verify their identity, securely transfer their account history from one or many accounts at the same time, and gain flexible access transaction history.
In the run up to this year’s Sibos conference in London, DisruptionBanking spoke with Temenos’ Chief Marketing Officer Martin Häring. Temenos is to attend Sibos as a partner, and has been particularly busy at a number of other events lately – we caught up with them at Money 20/20 in Amsterdam – as they undergo what Martin called “an almost complete rebranding of the company.”
“Europe is one example where AppGallery has grown considerably since its global launch three years ago. Huawei’s AppGallery is now the world’s third largest app marketplace with 540 million monthly active users (MAUs), growing in Europe by 61.5% year-on-year to more than 42 million users.” Michael shared.
The BNPL industry has experienced rapid growth over the last year. In order to provide a smart and efficient service, companies need to have access not only to consumer banking information, but also to understand the data in milliseconds.
There are 73m active bank users, creating a huge amount of customer data which remains underexploited. Nigeria’s national target is for 95% of the adult population to have access to formal or informal financial services by 2024.
Business angels network Affärsänglarna AB is partnering with European open banking company Nordigen to connect with investors through the company’s free European open banking API.
Envestnet | Yodlee will provide open banking access to new Blockchain.com users, accelerating Blockchain’s ability to onboard new customers and securely fund their accounts through real-time account verification, directly from the user’s bank account, without the need to provide micro-deposits.
In what was our first (partly) Face-to-Face conference for over sixteen months, #DisruptionBanking was proud to cover the FinTech Week London event earlier this month.