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Friday, February 26, 2021
Tags Open banking

Tag: open banking

Revolut and TrueLayer are bringing Open Banking to users in Germany

With the new Open Banking function (linked accounts), Revolut customers can now link all their bank accounts at Comdirect, Commerzbank, Deutsche Bank, ING-DiBa and Sparkasse in the Revolut app.

Tink appointed Simcorp CEO Klaus Holse as the new chairman

Holse spent eight years at the head of SimCorp and is also chairman at SuperOffice and Zenegy.

Revolut launches Open Banking in Italy in partnership with TrueLayer

Revolut has just announced the launch of Open Banking for its over 400.000 retail and business customers in Italy.

Monzo’s new open banking feature is called ‘easy bank transfer’

Monzo bank has been recently working on a simpler way to move money into the Monzo account from other major UK banks.

Revolut adds American Express to open banking feature

Challenger bank Revolut announced the addition of American Express to its Open Banking feature. This allows Revolut retail customers in the UK to connect their American Express bank account to Revolut.

Mastercard acquires Finicity for $825 million to advance in open banking

Mastercard has bought the Salt Lake City-based fintech Finicity. With this move, the card issuer aims to strengthen its open banking platform and expand financial services through more real-time access to data.

Revolut launches account aggregation feature in Ireland with the help of TrueLayer

Revolut has extended its open banking feature to Ireland. This feature launched in the U.K. during February. The partnership with TrueLayer enables customers to add third-party bank accounts to your Revolut account.

DirectID: Creating a Better Tomorrow with Open Banking

Traditional financial institutions have always been resistant to change; after all, managing and reducing risk is essential to running a successful bank. After decades of building processes to minimise risk, innovative digital technologies, like open banking, often face resistance from traditional operations.

Open Banking for Good: reshaping the debt management

Open banking allows financial institutions to share financial information with each other securely.

Klarna strikes again, buys Italian Moneymour

Klarna has acquired the Italian ‘pay now, buy later’ start-up Moneymour and established a new hub in Milan, from which Moneymour origins.
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Starling Bank aims to hold 18% of the SME market

The digital bank Starling announced a plan in which it is going to hold 18% of the SME banking market in five years, Insider reported.

TransferWise gets rebranded as ‘Wise’

The rebranded company Wise drops the part Transfer as a signal of moving on from the money-transfer focus of the company.

Revolut about to increase fees and cut number of free trades

Revolut introduced additional fees on its free plan and trading on the Revolut platform will also become more expensive.

Exclusive: An interview with Michael Schweikart, a co-founder of the sustainable banking provider Tomorrow

Tomorrow is a social business FinTech company and a neobank, that was started in 2018 by founders Inas Nureldin, Jakob Berndt, and Michael Schweikart with a vision to use money as a lever for positive change. Since its launch in 2018, the company has 50+ employees and 55,000+ customers.