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Australia: The State of Open Banking 2024 report is online, a deep dive into the industry's opportunities and challenges, from Frollo https://lnkd.in/g4pG_HJU #australia #fintechaus #startupaus #bankingtech #startupaustralia #digitalpayments

💡 Timo Digital Bank's innovative approach is not just about banking; it's about empowering individuals to take control of their financial journeys. The fusion of cutting-edge technology and a customer-centric mindset is reshaping the financial experience, offering a seamless and personalized solution to the diverse needs of the Vietnamese market. #TimoDigitalBank #FinancialInnovation #VietnamFinance #FintechRevolution #BankingTransformation #DigitalEconomy

FinTech Australia just released the annual Australia and New Zealand  Open Banking Ecosystem Map and Report. While it shows lots of growth, there's even more behind the scenes! - 𝐓𝐫𝐮𝐬𝐭𝐞𝐝 𝐀𝐝𝐯𝐢𝐬𝐞𝐫𝐬 𝐚𝐧𝐝 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫𝐬 aren't publicly reported in the participants. We have tens of these that would show an even bigger map. - 𝐓𝐡𝐞 𝐧𝐮𝐦𝐛𝐞𝐫𝐬 𝐠𝐫𝐨𝐰 𝐝𝐚𝐢𝐥𝐲: Adatree has more software products and participants going live each week - so May 2024 is already dated. - 𝐍𝐞𝐰 𝐂𝐃𝐑 𝐅𝐚𝐜𝐞𝐬: The map is sourced from the ACCC CDR Product Register, so you'll see a number of businesses that haven't publicly announced (yet) they're using CDR. Its a must read for anyone wanting to know the state of the CDR and will be the foundation for July's #CDRSummit. Download it here: https://lnkd.in/gW8p7k4R #openbanking #openenergy

What's Brewing in MENA's Open Banking Scene? ♨️ Our latest report, in collaboration with Arab Financial Services and Brankas, unveils the hottest trends and cutting-edge innovations transforming the financial sector in MENA 🌍. From groundbreaking collaborations 🫱🏽🫲🏽 to tech-driven customer experiences 👥, get the inside scoop on how Open Banking is reshaping the future of finance in the MENA region. Here's a quick taste of what's inside 👇🏽: 💭 The latest scoop on Open Banking movements in the MENA region. Insights on how banks and fintechs are joining forces to reimagine business models and product innovation. 🤿 A deep dive into Open Banking’s role in driving top-notch customer experiences. 🔓 Strategies for harnessing Open Banking to unlock new revenue streams and stay ahead of the curve. Exciting times lie ahead for Open Banking in the MENA region! 🚀 To explore the full report and gain deeper insights into the transformative power of Open Banking, click here ➡️: https://lnkd.in/giPRMeYH #fintech #openfinance #openbanking #MENA #A2APayment #BaaS #embeddedfinance

🔗 This Week in FinTech: Key Developments from FinTech360 🔗 It's been a dynamic week in the FinTech industry with several groundbreaking developments that underscore the sector's rapid evolution. Here are the top stories: 1. Digital ID Verification by Tiller Technologies & HSBC Expat: Tiller Technologies, a leader in RegTech, has partnered with HSBC Expat to launch a new digital ID verification service. This collaboration aims to enhance the banking experience for expatriates by providing streamlined, secure, and tailored banking solutions. 2. Mercury Personal Launches for Consumer Banking: Mercury, traditionally known to support over 100,000 startups with business banking solutions, has expanded into consumer banking with "Mercury Personal." This new service is designed to meet the needs of tech-savvy entrepreneurs looking for smart, user-friendly banking options. 3. Blair Institute's Call to Embrace FinTech: The Tony Blair Institute for Global Change has urged the Labour Party to embrace FinTech as a key driver for economic growth, inclusivity, and opportunity in the UK. This recommendation comes as the country prepares for the upcoming general election, highlighting the potential of FinTech to influence national economic strategies. Each of these developments not only reflects significant strides in technology and policy but also presents unique opportunities for B2B partnerships and market growth within the global FinTech ecosystem. 💡 What do you think the impact of these innovations will be on the industry? Let’s discuss how these changes can shape the future of finance. #FinTechNews #DigitalBanking #EconomicGrowth #BlockchainTechnology #FinTech360

ClearBank's European Expansion: A Significant Development for Embedded Banking and Fintech ClearBank just secured a Dutch banking license, marking a significant step in their European expansion. This move enables them to offer Euro accounts and payments alongside Sterling, opening up access to major European payment rails like SEPA and TARGET2. What does this mean for the market? > Increased Competition in Embedded Banking: ClearBank's modern, cloud-native platform and focus on real-time clearing offer a compelling alternative to traditional banking infrastructure. This will likely spur innovation and put pressure on incumbents to improve their offerings. > Opportunities for Fintechs: ClearBank's API-driven solutions and multi-currency capabilities make it an attractive partner for fintechs looking to expand across Europe. We can expect to see new and exciting collaborations in the coming months. > Accelerated Adoption of Real-Time Payments: ClearBank's focus on real-time payments aligns with the broader trend towards faster and more efficient payment systems. This move will likely contribute to the wider adoption of real-time payments across Europe. #fintech #embeddedbanking #payments #ClearBank #SEPA #TARGET2 #EuropeanCentralBank #DeNederlandscheBank

Is the Future of Banking Branchless? 🤔 The financial landscape is evolving rapidly, with neobanks like Saldo Bank leading the charge. Unlike traditional banks, neobanks operate 100% online, redefining banking with key advantages: 1. 24/7 Digital Accessibility: Manage finances anytime, anywhere. 2. Innovative Technology: Advanced automated systems for swift, personalized financial solutions. 3. Cost-Efficiency: Competitive rates and reduced fees thanks to streamlined operations. At Saldo Bank, we're not just participating in this revolution—we're driving it forward across Finland, Sweden, and Lithuania. Our fully online platform embodies these neobank advantages, offering seamless digital experiences, rapid processing of loan applications, and attractive rates on products like term deposits. Our commitment? Responsible banking, transparency, and customer empowerment in the digital age. How do you see banking evolving? Share your thoughts below! Discover how we're shaping finance's future at saldo.com 💫 #banking #neobank #finance #fintech

The digital banking wave continues in APAC, but how can established players and start-ups build modern *and* profitable digital banks? To find out, check out this great blueprint for new digital banks in APAC, created in collaboration with our partner Paymentology!

Powering economic growth through modular banking. At Singapore FinTech Festival we spoke to Mike Dickinson from Brankas, a banking infrastructure company who are taking advantage of Open Banking in Europe and abroad. He lets us know what it’s like trying to access this kind of technology in South East Asia and what commercial opportunities are available. There’s talk about their work with payment gateways and other fintechs as well as the possibilities opening up as a result of modular core banking. It certainly presents some exciting prospects for consumers and banks in countries like Indonesia. https://lnkd.in/e4bbe5JX #FFNews #Fintech #Finance #Banking #Paytech #Payments #Insurtech #Insurance #sgfintechfest #sff23

🔍 How can banks create a better banking experience for small businesses? 🚀 Edgardo Torres-Caballero, Tuum's Chief Revenue Officer, recently joined The Fintech Show hosted by FF News | Fintech Finance, alongside James Holian from NatWest and Niall Devlin from Bank of Ireland. They explore how banks can harness advanced technologies to support SMEs in this insightful episode. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: 𝗘𝗺𝗯𝗿𝗮𝗰𝗲 𝗗𝗶𝗴𝗶𝘁𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻: Learn why integrating modern digital platforms is crucial for delivering rapid, efficient banking solutions. 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹𝗶𝘇𝗲𝗱 𝗕𝗮𝗻𝗸𝗶𝗻𝗴: Discover how personalized services can enhance customer satisfaction and drive business growth. 𝗔𝗣𝗜-𝗗𝗿𝗶𝘃𝗲𝗻 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻: See how APIs enable seamless integration with fintechs to provide tailored solutions for SMEs. 𝗗𝗮𝘁𝗮 𝗔𝗻𝗮𝗹𝘆𝘁𝗶𝗰𝘀 & 𝗔𝗜: Find out how data analytics and AI can transform decision-making and improve customer experiences. 𝗦𝗰𝗮𝗹𝗮𝗯𝗹𝗲 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀: Explore how scalable, modular platforms empower banks to innovate and adapt quickly. 🌟 Empowering Small Businesses: Small businesses face unique challenges that require flexible, responsive banking solutions. At Tuum, we are committed to providing tailored banking experiences that meet these needs. Watch the full episode to get inspired and learn how our cutting-edge technology is transforming the SME banking landscape: https://lnkd.in/e9txtVEB #Corebanking #Fintech #SMEs #DigitalTransformation #Tuum