iwoca wins major prize for open banking innovation

Innovation foundation Nesta has awarded a £100,000 prize in its Open Up Challenge to small business lender iwoca for its work on open banking technology. Iwoca was chosen as one of 10 winners from 150 applicants by an independent panel of judges for developing products assessed as most likely to have a positive impact on UK small businesses in 2018 and beyond.

iwoca wins major prize for open banking innovation

Jan 08, 2018

Innovation foundation Nesta has awarded a £100,000 prize in its Open Up Challenge to small business lender iwoca for its work on open banking technology. Iwoca was chosen as one of 10 winners from 150 applicants by an independent panel of judges for developing products assessed as most likely to have a positive impact on UK small businesses in 2018 and beyond.

Coffee drinkers help guide the future of car buying

Fintech software expert Codeweavers is researching the views and experiences of consumers in coffee shops across the UK as it develops its next-generation technology for car finance and e-retailing. The company’s User Experience (UX) team is conducting a series of short, sharp sessions with consumers on their car buying and financing views.

Coffee drinkers help guide the future of car buying

Dec 11, 2017

Fintech software expert Codeweavers is researching the views and experiences of consumers in coffee shops across the UK as it develops its next-generation technology for car finance and e-retailing. The company’s User Experience (UX) team is conducting a series of short, sharp sessions with consumers on their car buying and financing views.

Nordea Ventures launched to invest in fintechs

Nordea, one of the biggest banks in Europe, has established Nordea Ventures to make strategic investments in fintech start-up companies as it follows its strategy of building an agile, digital bank. The bank has already partnered with and invested in fintech companies in order to develop new solutions faster than it could alone and Nordea Ventures will enable it to accelerate this process to bring new products to market for its 10 million household and 540,000 corporate customers.

Nordea Ventures launched to invest in fintechs

Dec 08, 2017

Nordea, one of the biggest banks in Europe, has established Nordea Ventures to make strategic investments in fintech start-up companies as it follows its strategy of building an agile, digital bank. The bank has already partnered with and invested in fintech companies in order to develop new solutions faster than it could alone and Nordea Ventures will enable it to accelerate this process to bring new products to market for its 10 million household and 540,000 corporate customers.

CFPB publishes data access principles

The Consumer Financial Protection Bureau (CFPB) has outlined principles for protecting consumers when they authorize third-party companies to access their financial data to provide certain financial products and services, which will be significant for a number of fintech-based developments in the auto leasing market. These principles are intended to help foster the development of innovative financial products and services, increase competition in financial markets, and empower consumers to take greater control of their financial lives.

CFPB publishes data access principles

Oct 31, 2017

The Consumer Financial Protection Bureau (CFPB) has outlined principles for protecting consumers when they authorize third-party companies to access their financial data to provide certain financial products and services, which will be significant for a number of fintech-based developments in the auto leasing market. These principles are intended to help foster the development of innovative financial products and services, increase competition in financial markets, and empower consumers to take greater control of their financial lives.