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Mastercard teams with Worldpay and Zip to expand open banking options

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Mastercard is intensifying its involvement in open banking through partnerships with Worldpay, a merchant solutions business, and Zip, a Buy Now, Pay Later (BNPL)...

Orum Launches FedNow-based Instant Account Verification Solution

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Orum, a provider of payments APIs, has developed a product called Verify that leverages the new FedNow rail to instantly verify the validity of...

NatWest launches account aggregation app

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NatWest has launched an account aggregation feature that enables its users to view balances and transactions from 15 other banks on the bank's mobile banking app. The...

Adyen introduces new open-banking payment method

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Netherlands-based payments platform Adyen has launched a new open banking-powered alternative to card payments. The new open banking payment method takes advantage of the EU's Payment Service...

Danish neobank Lunar Way secures EUR13m

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Lunar Way, a Denmark-based company raised EUR 13 million in a funding round led by existing SEED Capital. The round also included Greyhound Capital, Socii...

IBM inks $260m services deal with Bank of Philippine Islands

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Bank of Philippine Islands is signing a $250 million deal with IBM to accelerate it's digital transformation by providing IT infrastructure services that can...

Swift to launch ‘Pay Later’ for instant loan approvals

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Global payments messaging service provider Swift is looking to roll out an API standard that enables banks to approve loans instantly for customers at...

Nordea launches Instant Reporting API

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Nordea is taking Open Banking beyond PSD2 with the launch of Instant Reporting for corporate customers to download their accounts and transactional data into their...

Danske Bank introduces account aggregation for Northern Ireland customers

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Danske Bank has opened an account aggregation app in Northern Ireland using Open APIs to draw in data from other banks to its mobile...

Motive Partners makes strategic growth investment in Finantix

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Private equity firm Motive Partners has signed an agreement to acquire a majority stake in Finantix, a leading provider of technology that helps in the...