Tag: PSD2

Konsentus, an Identity and regulatory checking service provider, has completed the acquisition of Open Banking Europe S.A.S. from PRETA.

Credit scoring startup Nordigen has launched a new open banking API to solve the issue of expensive solutions in the market, taking a swing at companies like Tink and Plaid in the process.

Italian multi-utility provider Iren has picked payment services company SIA to launch of advanced payment services thanks to the innovations introduced by PSD2.

Last year, the EU started to roll out its strong customer authentication (SCA) rules to make it safer to buy things online, but it seems it is making customers abandon their purchases, according to new Microsoft research.

Dutch online bank Knab prides itself on supplying a human service backed by the latest technology. To that end, it has just teamed up with biometrics company iProov.

Open banking service provider Yolt Technology Services has been picked by Dutch accounting software provider Jortt to provide PSD2-compliance API technology.

Finland-based Enfuce has provided its PSD2 compliance software to financial services group OP Financial Group to support compliance in the Baltic states.

Open banking API platform LUXHUB has received €7.4m in an internal funding round which will support its European expansion.

With the coronavirus putting a lot of pressure on businesses, the UK Financial Conduct Authority has yet again extended the deadline for Strong Customer Authentication (SCA).

From helping businesses survive the coronavirus crisis to revolutionising finance, Funding Options is bullish about the impact open banking could have as the FinTech embraces the data-sharing scheme.