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 to securely transfer open finance data to the Dwolla platform, unlocking new capabilities like bank verification through trusted third-party providers,...
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 with financial institutions as we move into a new era of digital finance,” Plaid said in an announcement emailed to...
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 and services with Okta’s identity solutions that enable secure access, the collaboration will make it easier for financial institutions to...
Latin American open finance firm Syncfy has raised $10 million to broaden its customer base. The funding — a seed round led by Point72 Ventures — comes amid a boom in the use of digital payments in Latin America. “The positive response we’ve received from...
February 14, 2022
Commercial financial institutions (FIs) have come to rely on flexible digital banking as closures and social distancing accelerated existing trends. Sixty percent of decision-makers at FIs in the United Kingdom say their organizations have incorporated at least one new digital technology in the past year, for example. Across the industry and the globe, embedded finance […]
October 08, 2024
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 to help them streamline payment processes, lower operational costs and make sure they’re complying with regulators, the companies said in a Tuesday (Oct. 8) news release. “It represents a significant milestone […]
October 30, 2023
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 to securely transfer open finance...
August 25, 2023
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 with financial institutions as we...
February 15, 2023
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 and services with Okta’s identity...
