Open Finance

UK’s FCA Charts Path From Open Banking to ‘Open Finance’
UK’s FCA Charts Path From Open Banking to ‘Open Finance’
January 22, 2025  |  Bank Regulation

Open banking’s roots lie with the United Kingdom, where PSD2, a decade ago, gave a tailwind to banks’ “opening” their data to third-party providers. As...

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Finastra Names Ex-Avantax CEO Chris Walters as New Chief Executive
Finastra Names Ex-Avantax CEO Chris Walters as New Chief Executive
January 06, 2025  |  Personnel

U.K.-based financial services software firm Finastra has a new chief executive. Chris Walters, a veteran of financial services firms like Avantax, has joined Finastra as...

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TerraPay and Fabrick Team to Further European Cross-Border Payments
TerraPay and Fabrick Team to Further European Cross-Border Payments
October 08, 2024  |  Partnerships

Italy-based open finance company Fabrick has launched a collaboration with money movement firm TerraPay. Initially focused on Fabrick’s home country, the partnership gives businesses access to a platform...

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Dwolla Expands Platform With Open Finance Integrations
Dwolla Expands Platform With Open Finance Integrations
October 30, 2023  |  B2B Payments

Dwolla, an account-to-account payment services provider, has expanded its Dwolla Connect solution by integrating it with the open finance ecosystem.  This integration allows Dwolla Connect clients...

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Plaid Appoints Former Visa SVP Cecilia Frew as Head of Open Finance
Plaid Appoints Former Visa SVP Cecilia Frew as Head of Open Finance
August 25, 2023  |  Personnel

Plaid has appointed payments and financial services executive Cecilia Frew as head of open finance. “In this role, Cecilia is responsible for overseeing Plaid’s evolving and dynamic relationships...

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Plaid and Okta Partner on Secure Connections for Open Finance
Plaid and Okta Partner on Secure Connections for Open Finance
February 15, 2023  |  Security & Fraud

Plaid and Okta have partnered to help financial institutions offer open finance more securely. By combining Plaid’s data network that connects financial accounts to apps...

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LatAm Open Finance Platform Syncfy Raises $10M in Seed Round
LatAm Open Finance Platform Syncfy Raises $10M in Seed Round
December 11, 2022  |  Investments

Latin American open finance firm Syncfy has raised $10 million to broaden its customer base. The funding — a seed round led by Point72 Ventures...

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MX Teams With MeridianLink for Real-Time Verification
MX Teams With MeridianLink for Real-Time Verification
September 01, 2022  |  Partnerships

Open finance firm MX and financial software platform MeridianLink announced a reseller agreement to speed up and enhance the digital account opening process. Under the...

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Open Banking Weekly: Europe Gives Glimpse Into the Future of Open Finance
Open Banking Weekly: Europe Gives Glimpse Into the Future of Open Finance
July 08, 2022  |  Banking

The phrase open finance refers to a broadening of the original remit of open banking to include a greater range of services. In the context...

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