rmesters

11 ms·

61.
by rmesters 5y ago
"New service that will let millions of small business employees get easy access to employment and income verification services" It feels so very old school to have to share a data dump with a single "trusted third party"
62.
by rmesters 5y ago
Founder of Nordigen.com here. We're gathering a list of free/freemium tools that make life simpler for founders that are starting a fintech startup. If you have any suggestions for the list, please let me know.
63.
Free and freemium tools to help you build your fintech company(nordigen.com)
1 points by rmesters 5y ago|1 comments
64.
by rmesters 5y ago
Yes, this applies to all 31 European Economic Area countries. It covers ~6,000 banks in total and requires banks to build APIs that provide free access to banking data (for licensed AISP companies) and payment initiation services (for licen
65.
by rmesters 5y ago
Tink uses both real bank APIs (aka PSD2 APIs) and non-regulated proprietary APIs (screen-scraping, reverse engineering mobile APIs). The former method does not require sharing bank credentials - authentication happens on bank's side an
66.
Visa buys Swedish fintech Tink in €1.8bn deal(ft.com)
3 points by rmesters 5y ago|0 comments
67.
by rmesters 5y ago
- https://fintechbusinessweekly.substack.com/ - for Fintech News - https://stratechery.com/ - for tech related discussions
68.
by rmesters 5y ago
Link: https://waitbutwhy.com/
69.
Download your bank statement as a JSON file(nordigen.com)
6 points by rmesters 5y ago|0 comments
70.
by rmesters 5y ago
Not just EU. Also Australia, Brazil, Japan, Saudi Arabia, Mexico, Singapore, Hong Kong, India. Canada is rumoured to have this soon as well.
71.
by rmesters 5y ago
This is a problem that can only be solved by regulated open banking (i.e. regulator enforcing banks/FIs to build APIs following one standard). Until US has regulated open banking, users will be sharing bank credentials in plain text an
72.
by rmesters 6y ago
We don’t sell the data. Our business model is to help developers/businesses access banking data (with end-user consent) and make sense of the banking data to power their apps.
73.
by rmesters 6y ago
We’re regulated by GDPR (Europe's data privacy law), which is super strict about data.
74.
by rmesters 6y ago
Fair point. But Europe is also a bit of a mess - 6,000 banks with unique banking APIs. And the large open banking incumbents are charging for access to banking data that's available via PSD2 for free. We're trying to make it a li
75.
by rmesters 6y ago
Today Nordigen offers Free access to banking data and Premium data insights as a service. For reference: https://techcrunch.com/2020/12/01/nordigen-introduces-free-e... In 2019, we only offered Premium bankin
76.
by rmesters 6y ago
There's a good chance we support your bank in Denmark. We support a good bunch of banks in DK already.
77.
by rmesters 6y ago
Thanks - super valuable feedback. A fully self-service onboarding is on the way. I get the frustration of having to wait, we're working on that.
78.
by rmesters 6y ago
UK and Europe has already done this. Australia, Saudi Arabia, Brazil and Japan are all working towards this. It's happening.
79.
by rmesters 6y ago
CEO/co-founder of Nordigen here. We plug in to the same Open APIs as Truelayer, but we don't charge for access to banking data. We only charge for value-adding data services (e.g. Transaction Categorisation, Credit Insights) that
80.
Nordigen: Free banking data and premium insights(nordigen.com)
53 points by rmesters 6y ago|39 comments
81.
Free Alternative to Plaid in Europe(techcrunch.com)
2 points by rmesters 6y ago|0 comments