Uncategorized

Open banking passes five million user milestone

Open banking passes five million user milestone

There are now more than five million active users of open banking services in the UK, five hundred thousand up on January's headline total, with tax payments driving the growth in numbers.

2020 Zimpler results and our adaptation to open banking industry changes


2020 Zimpler results show our tremendous growth in an industry that went into hyper-drive when existing trends in both consumer and business behaviours took off like a Space X rocket. In no small part because of new developments, such as completely restructured supply chains.

We are super excited to share our growth with you. None of this would be possible without the blood, sweat and tears of (sometimes) joy by everyone in the company – working as a team:
* 1041% increase in transactions
* 1580% increase in withdrawals.
* 959% increase in payments.
* Payment time reduced dramatically.
* One of the leading account to account payments providers in the Nordics, now available all over Europe.
* 1300 Banks connected across Europe…and growing!
* 80 million potential users. At least.
* We doubled down against fraud, and now we have industry-leading compliance levels.
* A pure account to account solution. No invoice, no cards, no fuss.

Move with us and shape the future of payments!

Automating KYC through Open Banking Technology of FinTecSystems

Australia Open Banking


Envestnet | Yodlee is uniquely prepared to help integrate open banking into your business.

Imran Gulamhuseinwala: Why Open Banking is the Future of Fintech


Open Banking is a big deal, with wide implications – yet it still feels like the best-kept secret within financial services. It’s not about branches opening longer – it’s about an imminent, seismic shift in the world of banking, which rebalances the relationship between businesses, banks and customers with the recognition that data has value. Imran Gulamhuseinwala OBE is a trustee of the Open Banking Implementation Entity and is responsible for the development of the common technical standards underpinning open banking.

ABOUT WIRED SMARTER
Experts and business leaders from the worlds of Energy, Money and Retail gathered at Kings Place, London, for WIRED Smarter on October 9, 2018. Discover some of the fascinating insights from speakers here: http://wired.uk/V29vMg

ABOUT WIRED EVENTS
WIRED events shine a spotlight on the innovators, inventors and entrepreneurs who are changing our world for the better. Explore this channel for videos showing on-stage talks, behind-the-scenes action, exclusive interviews and performances from our roster of events. Join us as we uncover the most relevant, up-and-coming trends and meet the people building the future.

ABOUT WIRED
WIRED brings you the future as it happens – the people, the trends, the big ideas that will change our lives. An award-winning printed monthly and online publication. WIRED is an agenda-setting magazine offering brain food on a wide range of topics, from science, technology and business to pop-culture and politics.

CONNECT WITH WIRED
Web: http://po.st/WiredVideo
Twitter: http://po.st/TwitterWired
Facebook: http://po.st/FacebookWired
Google+: http://po.st/GoogleWired
Instagram: http://po.st/InstagramWired
Magazine: http://po.st/MagazineWired
Newsletter: http://po.st/NewslettersWired