rmesters

8 ms·

31.
by rmesters 5y ago
"It uses a novel underwriting process, which links with a user’s bank account to determine credit limits based on cash flow." Uses Plaid: https://x1creditcard.com/legal/privacy
32.
German regulator caps N26’s growth at 70k users per month(ft.com)
2 points by rmesters 5y ago|3 comments
33.
by rmesters 5y ago
Actually, the article uses "open banking" correctly in this case. The author believes that if all banks used open sourced tools for exposing their data via APIs (as opposed to building everything from scratch), we'd have more
34.
Gruen Transfer(en.wikipedia.org)
1 points by rmesters 5y ago|0 comments
35.
US Open Banking Uptake Hindered by ‘Fragmented’ Market with Too Many Players(pymnts.com)
4 points by rmesters 5y ago|0 comments
36.
by rmesters 5y ago
I wonder how this could work in practice. A Gov entity will have to connect to some bank APIs to streamline the monitoring? Most banks don't have APIs to connect to. It would pretty wild if the Gov had to ask people to share their bank
37.
by rmesters 5y ago
Exciting to see Israel potentially joining the list of countries where open banking is regulated. PSD2 (Europe's open banking law) has made a lot of things in Europe much simpler, like being able to transfer account data from your bank
38.
by rmesters 5y ago
Coming real soon. If you sign up to the platform, you can get updates on our coverage as we're ramping up in Croatia.
39.
by rmesters 5y ago
Regarding "1. Download transactions from your bank" - to avoid having to deal with PDFs, it's possible to use account aggregators to fetch your own bank data in Python-friendly formats like JSON. We have this feature at Nordi
40.
by rmesters 5y ago
There is a new alternative to Plaid that is created by a network of banks. Is the service live and well or is it just a concept? Has anyone tried it? For context: https://www.forbes.com/sites/scottharkey/2021/
41.
Ask HN: What's your take on Akoya vs. alternatives (MX, Plaid, Yodlee)?
2 points by rmesters 5y ago|1 comments
42.
by rmesters 5y ago
It's exciting to see open banking taking shape in India. I'm based in Europe and the fact that we have regulated and free open banking (under PSD2 law) is a game-changer for fintechs and developers. Instead of having to build&#x2F
43.
The Great Data Debate: A Plaid Point of View(forbes.com)
1 points by rmesters 5y ago|0 comments
44.
by rmesters 5y ago
Hi everyone - cofounder of Nordigen. I wanted to show a hobby project we did to showcase how open banking APIs in Europe work. This Telegram bot allows you to connect your real European bank account (from a list of 1,800 banks) to Telegram
45.
Show HN: Connect your bank account to Telegram messenger(github.com)
3 points by rmesters 5y ago|1 comments
46.
by rmesters 5y ago
To comment on the author's point "01 Create a Compelling Narrative", having a decent flow for a pitch deck is super underrated. I have a feeling that these days VCs look at pitch decks like HR looks at resumes - the initial s
47.
by rmesters 5y ago
Many BNPLs emphasise that they don't require a credit check. This is fascinating.(1) It highlights how big of a problem credit bureaus are (i.e. there's a significant-enough group of people that want to bypass credit checks to get
48.
BNPL Is Here to Stay(amount.com)
2 points by rmesters 5y ago|1 comments
49.
Klarna interim report H1 2021(klarna.com)
1 points by rmesters 5y ago|0 comments
50.
by rmesters 5y ago
The great think about PSD2 is that it comes with a bunch of laws and regulators are generally good at making banks compliant. An API that's not working is a non-compliant API and banks get it. PSD2 came in to force in Sept, 2019 and 2
51.
by rmesters 5y ago
It's true that the 6,000 banks in Europe have different standards, but the fact that the APIs exist and work and that the regulator is enforcing the use of real APIs (as opposed to screen scraping) is worth the effort to integrate each
52.
by rmesters 5y ago
If you're based in Europe or UK, Nordigen has a completely free API do exactly what you described (I'm one of the cofounders). We're connected to 1,500 EU/UK banks and you can connect your bank account to your script&#x2
53.
Plaid Raises Additional Series D Funding(pymnts.com)
1 points by rmesters 5y ago|0 comments
54.
Opinion: Visa, open banking and password sharing(fintechmagazine.com)
1 points by rmesters 5y ago|0 comments
55.
by rmesters 5y ago
Cofounder of Nordigen here. We built a completely free API to allow small companies check what money comes in, no additional license needed (it's done on the back of our AISP licence). We're connected to more than 1,000 banks in E
56.
The quiet battle raging around open banking(sifted.eu)
120 points by rmesters 5y ago|56 comments
57.
by rmesters 5y ago
Hi everyone, cofounder of Nordigen here. We made a tutorial to showcase how Siri can be connected to a bank account to check your account balance. To make this happen we used iOS Shortcuts app + our open banking API. Would love to hear your
58.
Show HN: Hey Siri, what's my account balance?(nordigen.com)
6 points by rmesters 5y ago|4 comments
59.
Ask HN: What Biden's latest executive order means for open banking?
1 points by rmesters 5y ago|1 comments
60.
by rmesters 5y ago
In Europe, all 6,000 retail banks have working APIs and it's possible to connect to banks without username/password sharing. The APIs are completely free to use under the PSD2 regulation. This approach of regulated open banking (i

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