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Open Banking

12 posts
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  • Open Banking

Fintechs explode in Spain, led by “unstoppable” neobanks

  • News Team
  • December 26, 2020
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Over 300 fintechs are now operational in Spain. The firms are providing an increasingly wide variety of services that include proposals for managing family finances, comparing mortgages and all kinds…
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Railsbank to emulate Apple’s iTunes as its announces Industry step change

  • Neil Martin
  • December 9, 2020
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Railsbank hopes to do for the financial services industry what Apple’s iTunes did for the music industry. At the recent Singapore Fintech Festival the company, which has its Asian hub…
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Global open banking market to rocket

  • News Team
  • November 13, 2020
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The value of the global banking is set to rocket said a new report. Valued at $7.29bn in 2018, it is expected to reach $43.15bn by 2026, growing at a…
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Use of investment and banking apps surge during Covid-19

  • News Team
  • October 8, 2020
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The use of investment and banking apps has surged, with Covid-19 accelerating the already exponential growth of fintech apps in 2020 A new report revealed that average sessions in investment…
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First appathon created to propel open banking launches

  • News Team
  • August 27, 2020
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The first appathon created to propel open banking into the broader domain of open finance has been launched.  An initiative from Finastra, Open Banking Excellence, Railsbank and Yolt, the event is…
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And through to the next round is….MAS doesn’t reveal chosen ones bidding for electronic banking licence

  • Neil Martin
  • June 18, 2020
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The Monetary Authority of Singapore (MAS) today announced that 14 lucky contenders for an electronic banking licence are through to the next round. Seven of the 21 applications were booted…
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ByteDance targets bank licence says source

  • Neil Martin
  • June 17, 2020
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Competition for one of the five electronic bank licences to be issued by the Monetary Authority of Singapore is hotting up with news that Chinese tech company ByteDance, which owns…
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Neobank Tonik Raises $21M Series And Plans Launch

  • Neil Martin
  • June 16, 2020
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Tonik Financial, the first neobank in the Philippines, has closed a $21m round of Series A equity funding. The round was led by VC investors Sequoia India and Point72 Ventures, with help from…
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Philippine consumers More comfortable opening bank accounts with smartphones

  • Neil Martin
  • June 13, 2020
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Filipinos prefer to open a bank account on their smartphone. So says a new study from the FICO Consumer Digital Banking Survey which looked at the preferences Filipino consumers when…
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Huawei and Sunline digitizes the Bank Yudha Bhakti

  • Neil Martin
  • June 12, 2020
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Huawei and Sunline are working together to digitize the Bank Yudha Bhakti (BYB) in Indonesia. BYB was acquired by Akulaku, the largest fintech in Southeast Asia. It has over seven…
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