Because of poor banking, 80% will switch to fintech
The poor experience with services prevalent in traditional banks would motivate eight out of 10 of their customers to switch to alternatives like fintechs.
Frollo brings Open Banking to Siri
Bringing together Open Banking and Siri, users of the Frollo iOS app can check their bank balance by saying: “Hey Siri, what’s my account balance”.
Synctera aims $33M Series A at developing Banking-as-a-Service
Synctera raised $33 million in Series A funding. The new investment comes six months after announcing its $12.4 million seed round.
Smartbank 86 400 debuts direct-to-consumer digital home loan channel
Australians can now apply for an 86 400 digital home loan – complete with competitive rates, no paperwork and fast turnaround times.
Spanish brokerage platform launches open banking payments with Truelayer
HeyTrade’s customers can use TrueLayer’s open banking infrastructure to top up their accounts instantly using the fintechs Payments Initiation Service.
Accelerated Payments collaborates with banks to provide more funding to SMEs during Covid
Accelerated Payments is working collaboratively with banks to offer a lifeline to their existing SME clients as they strive to grow during Covid.
Zolve partners with i2c to enable banking and payments for global citizens
i2c’s partnership with Zolve expands access to financial services for global citizens, supporting them as they travel to the US.
Open Banking platform Tink acquires Germany’s FinTecSystems
Tink are continuing their expansion across Europe with the acquisition of FinTecSystems – a leading German open banking technology provider