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Fintech and Traditional Bank Collaborations and Open Banking Are Becoming More Prevalent Globally (Omar Faridi, CrowdFundInsider.com)
Traditional bank and Fintech collaboration and Open Banking are becoming quite common for financial institutions throughout the world that are planning to update their product offerings for small and medium-sized businesses (SMBs). India-based private lending institution SBM Bank recently teamed up with PayNearby to introduce various Open Banking solutions for each others’ clients. SMB Bank and PayNearby have committed […]
Minna Technologies and Finland’s Largest Financial Group, OP, Extend Partnership Involving Open Banking Program (Omar Faridi, crowdfundinsider.com)
Minna Technologies and Finland’s largest financial group, OP, have extended their partnership which was established last year during OP’s open banking startup partnership program. Minna Technologies was chosen last year to take part in OP’s open banking program. John Nyström, country manager Finland at Minna Technologies, said that participating in the program was a great […]
Tech: Identitii takes its tech for a test drive with Standard Chartered Bank (Sam Jacobs, stockhead.com.au)
Fintech platform Identitii (ASX:ID8) is now collaborating with $22.7 billion market cap Standard Chartered Bank. The two companies will commence an eight-week pilot run for Identitii’s Overlay+ data sharing platform at Standard Chartered’s Singapore office. The project will also be embedded within the Symphony platform, a communications network backed by a consortium of major global banks (including […]