This Week’s Open Banking News

Visma Group’s ‘Cash Software’ has partnered with ibanXS to provide open banking services across Europe. Customers of the accounting software company will now be able to make payments and view their transaction data from more than 1,500 banks within the ‘Cash’ platform. ibanXS is licenced by the Dutch Central Bank.

Norway-based Nöffe is working with Neonomics to create a digital savings account for children. Parents will be able to connect their children’s bank accounts with the ‘piggy bank’ using open banking technology. The digital ‘piggy bank’ speaks to children when money is deposited and updates them on their balance creating a sensory experience. 

Financial Dots Limited is partnering with Envestnet | Yodlee to provide open banking-enabled services in the United Kingdom. Envestnet | Yodlee is a data aggregation and analytics platform. The collaboration will allow Financial Dots’ customers to handle cross-border issues and get a broader picture of their complex finances. 

Open Banking Expo along with Equifax has launched an awards scheme for the global open banking sector. Taking place in London UK on 15 July 2021, the awards will celebrate innovation and digital transformation in financial services. The judging panel have been selected and comprise a large number of experts in the industry. 

Pay iO’s articles do not constitute financial advice and are for information only.