Breaking News
Revolut and TrueLayer are bringing Open Banking to users in Germany
With the new Open Banking function (linked accounts), Revolut customers can now link all their bank accounts at Comdirect, Commerzbank, Deutsche Bank, ING-DiBa and Sparkasse in their Revolut app.
Read also: Starling Bank moves into profit according to Anne Boden
The new Open Banking offer from Revolut was developed in cooperation with Europe’s provider of financial APIs (programming interfaces), the London-based fintech TrueLayer.
The use of the TrueLayer platform ensures that account information from major German banks is securely integrated and updated in the Revolut app in real-time. The cooperation with Revolut also serves as the prelude for TrueLayer on the German market.
[mc4wp_form id=”2736″]
Specifically, this means: With Open Banking, German customers can connect all their bank accounts at the supported financial institutions to the Revolut app.
But not only: Users can now transfer money between Revolut and other bank accounts, create personalized budget analysis across different accounts and send money to friends and family and from one account to another via Revolut – finally in a single app and without losing track of things.
The top-up function is also supported in Open Banking: Revolut accounts can be topped up easily by simple transfers from the linked accounts directly in the app, without entering a card or IBAN and, above all, without logging into the online banking of other financial institutions. Open Banking is free for all Revolut users.
- Nuvo and Avalara Launch AI Integration to Eliminate Tax Compliance Gaps and Accelerate B2B Customer Onboarding Read more
- Lumin Digital Unveils Lumin Solaire, an AI-Native Intelligence Layer Embedded In Its Compounding Growth Platform Read more
- Sturgis Bank Partners with MANTL to Transform Business and Retail Account Opening Across All Banking Channel Read more
- Redbridge: Visa’s Commercial Enhanced Data Program (CEDP) – What Merchants Are Really Facing Read more
- TSAM London: FE fundinfo on Mastering Data and Unifying Operations in Asset Management Read more
NEW Revolut UK CEO to make Conference Debut at MoneyLIVE Summit
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
2024’s Financial Innovators: A New Era of Banking Startups
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
C-suite Banking and Payments Leaders From Across Europe Set to Meet at London’s MoneyLIVE Summit in March
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Evolution of Digital Wallets: A Shift from Physical Cards by 2030
By 2030, we can expect digital wallets to become the preferred payment instrument, offering a myriad of non-payment-related services for consumers.
Payment Technology Trends Shaping 2024 and Beyond
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Future of Digital Payments: Exploring PayPal Alternatives
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Nubank: Supercharged Banking and Predicted to Soar Beyond $100 Billion
In this blog, we will explore two exciting developments that have everyone talking about Nubank: its potential for exponential growth in share value and its remarkable expansion to serve more than 90 million customers across Latin America.
Nuvo and Avalara Launch AI Integration to Eliminate Tax Compliance Gaps and Accelerate B2B Customer Onboarding
Nuvo Technologies, the AI-native customer-to-cash platform, today announced an integration with Avalara, the agentic AI leader in global tax and compliance. The integration connects Nuvo’s AI-powered onboarding with Avalara’s exemption certificate management and real-time tax calculation capabilities—enabling B2B suppliers to handle credit applications and tax compliance in a single, unified experience. The result is a single workflow where suppliers can approve customers and ensure tax compliance at the same time.
Lumin Digital Unveils Lumin Solaire, an AI-Native Intelligence Layer Embedded In Its Compounding Growth Platform
Lumin Digital, the Compounding Growth Platform for banks and credit unions, today unveiled Lumin Solaire, an AI-native intelligence layer embedded across its platform. The announcement was made at Lumination, the company’s annual client conference, where Lumin is showcasing its platform strategy and product roadmap.
Sturgis Bank Partners with MANTL to Transform Business and Retail Account Opening Across All Banking Channel
Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced a new partnership between MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, and Sturgis Bank, a community bank serving Michigan through 16 branches, to transform its account opening experience for business and retail customers. Through this partnership, Sturgis Bank will modernize onboarding across all physical and digital banking channels, reinforcing its commitment to delivering a seamless, efficient, and customer-centric experience while expanding accessibility and accelerating digital growth.
Redbridge: Visa’s Commercial Enhanced Data Program (CEDP) – What Merchants Are Really Facing
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
TSAM London: FE fundinfo on Mastering Data and Unifying Operations in Asset Management
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Reap and TerraPay Partner to Expand Local Payout Corridors Globally
Reap, the stablecoin-native global payments and financial platform infrastructure for businesses, today announced a strategic partnership with TerraPay, a global money movement company, to expand local cross-border payouts through direct access to domestic clearing systems worldwide.
Digital Assets Clearing Center Secures US$10 Million Funding for International Market Infrastructure
Digital Asset Clearing Center (DACC.HK), a next-generation financial market infrastructure for the tokenized economy, today announced US$10 million in funding from strategic partners including Conflux, Transaction Technologies Limited (“TTL”) and Global InfoTech. Traditional bank transfers continue to dominate the US$214 trillion cross-border payments market, but tokenized finance offers an alternative to slow settlement cycles, high transaction costs, fragmented data systems and regulatory barriers. Digital Asset Clearing Service offers seamless connections to the world's leading payment systems including Cross-Border Interbank Payment System (CIPS), blockchain networks and compliance infrastructure delivering end-to-end Clearing-as-a-Service (CaaS) for financial institutions.