Nordigen, the only free open banking platform, has started a collaboration with SaaS investment platform Tapline to provide data on business accounts, transaction insights, risk analysis, and credit scoring.
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.
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.
Salt Edge, a pioneer in open banking, has teamed up with Western Union, a global leader in cross-border, cross-currency money movement and payments, to integrate its solution into the latter’s multi-currency bank account pilot in Europe.
Today Open Banking Europe (OBE) and the European Third Party Providers Association (ETPPA) announced a Mutual Cooperation agreement had been signed to foster collaboration, enhance industry understanding and establish a framework for sharing information between the two organisations.
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