Open Banking: UK Fintechs have asked FCA to adopt a more market-led approach to open finance services
The Coalition for a Digital Economy (Coadec) is recommending a more market-led approach to providing open finance services.
Fintech trends to look out for in 2021
Across various sectors in 2020, people have embraced the challenges and developed innovative solutions. Fintech is no exception.
Lloyds Banking Group and Fintech Scotland to support high-potential startups and early-stage businesses
Lloyds Banking Group, which owns the Bank of Scotland, has introduced the next phase of its plan to support Scotland’s Fintech workforce.
Revolut launches mid-tier subscription plan
Fintech startup Revolut is tweaking its subscription plans with a new mid-tier offering called Revolut Plus.
Admiral Financial Services to adopt open banking through Credit Kudos partnership
Admiral Financial Services has selected Credit Kudos to provide Open Banking data to initially help with income verification.
Yapily finds Open Banking is top priority for UK banks in 2021
New data released by Yapily has revealed how open banking connectivity has become a top priority UK banks as we head into 2021.
Lloyds to licence invoice financing technology from Satago
Lloyds Banking Group is to run a six month trial of an invoice financing platform from Satago Financial Solutions, with a five-year commercial contract for the product on the line. As part of the pilot, Lloyds Bank will be extending financing to its customer base utilising Satago’s digital cashflow management and invoice financing platform. Satago will be paid a recurring fee for each customer of the Bank that utilises the technology. Sinead McHale, CEO of Satago, says: “Lloyds’ brand and reach, combined with our technology and speed of execution, is a great example of how established banks and innovative Fintech companies can work together to deliver better outcomes for SMEs.” […]
Open banking fintech TrueLayer to open operations in Dublin
Tencent-back UK fintech company TrueLayer has begun hiring for a new Dublin office as part of a greater push in Europe.
