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News

All-in-one financial platform for Canadian businesses Venn raises $21.5m in Series A

By OpenBankingExpo | 4 March 2025

The Series A funding round was led by New York-based Left Lane Capital, while Venn also unveiled a rebrand.

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Australian Government reveals plans to expand CDR to non-bank lending in 2026

By Ellie Duncan | 4 March 2025

The Albanese Government has announced a series of changes that will take effect in mid-2026, as part of the CDR “reset” it instigated last year.

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Unzer unveils ‘Direct Bank Transfer’ based on Mastercard’s Open Banking infrastructure

By Ellie Duncan | 27 February 2025

The new Open Banking-driven payment method is initially available to merchants in Germany, before being rolled out more widely.

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US-based Blend partners with Truework to embed I&E verification across consumer banking

By OpenBankingExpo | 27 February 2025

Blend’s platform uses automation, data connectivity, and technology partners to simplify consumer banking and home lending origination for financial institutions.

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GoCardless teams up with Pipe to help SMEs access capital

By Ellie Duncan | 26 February 2025

The two companies ran a pilot programme ahead of the launch of ‘capital powered by Pipe’, which will sit on the GoCardless platform.

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ClearScore Group secures new growth capital from HSBC Innovation Banking

By Ellie Duncan | 25 February 2025

HSBC Innovation Banking has supported the ClearScore Group since 2017.

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The AA partners with NatWest Boxed to introduce own-brand financial products

By Ellie Duncan | 25 February 2025

The partnership with NatWest Boxed will see The AA will launch an instant access savings account and unsecured personal loans this year.

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UK government seeks PSP to add Open Banking payments to Gov.UK Pay platform

By Ellie Duncan | 24 February 2025

Government Digital Service has issued a tender worth £49 million for a payment service provider that will enable the public sector payment platform to process Open Banking payments.

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Juniper Research: Global Open Banking API call volume to exceed 720bn by 2029

By Ellie Duncan | 24 February 2025

The new study by Juniper Research also revealed that generative AI will become “increasingly integrated” with Open Banking offerings.

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Konsentus TPP Tracker reveals ‘significant shifts’ in how TPPs operate across the EEA

By Ellie Duncan | 21 February 2025

The Q4 2024 Konsentus Third Party Provider Open Banking Tracker reveals the latest trends in the Open Banking ecosystem across the EEA and UK.

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