Latest news with #OpenBanking

Finextra
a day ago
- Business
- Finextra
Open Banking Won't Work Without Trust. Here's How We Enable That.: By Mathieu Altwegg
Open banking isn't just a regulatory shift - it's a generational opportunity. For the UK, one of the most digitally connected economies in the world, it offers a pathway to make managing money simpler, smarter, and more rewarding. It holds the promise for consumers to move money instantly, access better financial tools, switch providers effortlessly, and view their entire financial lives in real time. That future is no longer theoretical - it's here and now is the time for it to scale, but only with the right catalyst. From in-game purchases to managing cross-border transfers, Open Banking is already enabling faster, more flexible money movement. For the consumer, convenience is king. In 2023 alone, 70% of all UK online purchases were made via mobile phones, while over 90% of in-store transactions used contactless. The shift in consumer behaviour is clear: people expect seamless, secure, and intuitive ways to pay – if they trust it they will use it. Yet adoption in the UK remains uneven. Many consumers are still hesitant to embrace open banking as a way to pay - often due to concerns around protection, limited awareness, and inconsistent user experiences. The underlying technology is strong, but trust has yet to catch up. And trust isn't built overnight - it's earned through consistent focus, sustained investment, and a relentless commitment to putting customers first. It goes beyond fraud prevention; it's also about how issues are handled when things go wrong. If a consumer makes a payment to a business and doesn't receive the goods or services, they need the reassurance that they'll be reimbursed. The same goes for merchants – while cost savings and speed are attractive, many have proved reluctant to embrace pay by bank without the systems in place to smoothly handle disputes. Why would they risk turning a hard-won customer into a net cost if something goes wrong? These are the kinds of safeguards that will turn curiosity into confidence, and that's the gap we need to close. Simplicity and Control will Drive Trust and Uptake At its heart, open banking is about giving people more choice. Whether it's streamlining loan applications, enabling one-click checkout, or bringing together multiple accounts into a single, real-time view - open banking empowers consumers to manage their finances on their own terms. Recurring payments are a clear example. Today, Direct Debit dominates but brings friction: delays due to failed payments, manual work to match payments and records, and user visibility. Variable Recurring Payments (VRPs), enabled by open banking, offer a compelling alternative: real-time availability of funds, enhanced transparency, and greater user control. That translates into fewer payment failures and more predictable cash flow for businesses and consumers alike. But it is account-to-account (A2A) payments backed by a trusted provider with additional protections and features that will cement open banking as a go-to mechanism. Open banking unlocks powerful consumer features: tracking subscriptions and bills in one place, setting limits, and stopping unwanted charges. These convenient experiences will build trust, but consumers are both savvy and cautious; aware that risk still exists. They will need the presence of a trusted independent player in the payment process who can provide them protection. Collaboration Is the Key to Change The opportunity is enormous. Innovate Finance estimates that growing the UK's fintech ecosystem - where open banking is foundational - could unlock £328 billion in value over the next five years. But realising that value requires collaboration and consensus. No single organisation can do this alone. It will take coordinated efforts across banks, fintechs, payment providers, and policymakers to deliver consumer-friendly infrastructure that connects easily and works across providers. That's why we support collaborative A2A solutions that are open, secure, and built to scale - because a rising tide lifts all boats. Businesses Needs to Be Part of the Open Banking Story While the consumer opportunity is front of mind, the potential for business-to-business payments is just as transformational. Open banking can modernise how companies - from SMEs to large enterprises - manage cash flow, settle invoices, and access working capital. We should be pushing the boundaries of what's possible, not just for consumers, but for all users of the financial system. A UK Leadership Opportunity The UK has a proven track record of leading in payments innovation - from contactless adoption to the rise of challenger banks and embedded finance. The next leadership opportunity lies in scaling open banking, not just by improving the technology behind the scenes, but by embedding usability and trust across the ecosystem. The policy landscape is moving in the right direction. In her 2024 Mansion House speech, Chancellor Rachel Reeves reaffirmed the government's support for the development of open banking - signalling alignment between regulators and industry. For all these reasons, we're working with partners across the financial ecosystem to unlock the full potential of open banking. We've developed open-access A2A capabilities that support both consumer and business use cases - offering trusted, secure rails that complement card and other payment options. But we're not here to go it alone. We want to work with industry and policymakers to ensure that open banking delivers on its promise - for everyone.


Techday NZ
3 days ago
- Business
- Techday NZ
Open banking in New Zealand advances with NZD $13.77m spent
Payments NZ has released a report outlining six years of progress in open banking, highlighting industry delivery, collaboration and partnerships across New Zealand's open data ecosystem. The report, titled "Shaping Open Banking Together", reviews efforts and outcomes achieved by the sector since the establishment of the API Centre in 2019. Key metrics include the release of 25 open banking API standards, adoption by four major banks covering over 80% of customer accounts, and the engagement of more than 1,100 users in an API sandbox environment resulting in the development of 235 unique applications and over 13.7 million test calls. API standards and usage Since its inception, the API Centre has delivered six versions of API standards, with widespread implementation in the banking sector. Major financial institutions now support key open banking standards, facilitating secure and seamless access to banking services for a large proportion of New Zealanders. The API sandbox, supported by Glueware, has played a significant role in fostering innovation, with hundreds of community contributors involved in shaping the ecosystem. Community engagement has increased markedly, from just five contributors in 2019 to over 500 in the current year, and more than 11,000 working group hours have been logged by participants. Inclusive governance model The API Centre has adopted a governance model developed through industry collaboration. Over a dozen versions of the API Centre Terms and Conditions have been refined in consultation with banks, fintech firms, regulators and other stakeholders. This approach is described as being based on trust, inclusion and co-design. Collaboration has also extended to work with the Ministry of Business, Innovation and Employment (MBIE) on the Consumer Data Right (CPD) framework. Looking to the future, Payments NZ states that this inclusive and partnership-driven approach will continue as the industry transitions towards a regulated open banking environment. "We've built a world-class foundation for open banking in New Zealand – not through mandate, but through collective mahi. This report is a chance to pause, reflect, and acknowledge what we've achieved together," says Phil Cass, Manager of Payments NZ's API Centre. Financial investment and efficiency Payments NZ highlights that the open banking ecosystem has been established at a considerably lower cost compared with international efforts. The total investment over six years amounts to NZD $13.77 million, which represents approximately 5% of Australia's expenditure and 4% of that in the UK for similar sector initiatives. Phil Cass stated, "We now have upgraded, future-ready API standards being implemented by the major banks, new products hitting the market, and a strong platform for innovation. It's been a true partnership approach, and the outcomes speak for themselves." Cass noted that New Zealand's approach has allowed for progress without the need for regulatory compulsion, saying, "Our approach in Aotearoa is unique – open banking here has been shaped by cooperation, not compliance." He continued, "We've seen the cost of regulation in the UK and Australia, and in Aotearoa we have delivered a fully functioning ecosystem at a fraction of the cost." "We're carrying forward the same spirit of industry-led partnership and progress as we transition to a regulated environment for open banking." Data sovereignty and future focus The recent release also marked the launch of Ngā Tohu Ārahi, the new Data Handling Guidelines created in partnership with Nicholson Consulting. These guidelines are grounded in the principles of Māori Data Sovereignty and have implications for the design and management of data systems in the banking sector. Cass explained, "These guidelines are about more than compliance – they reflect our collective responsibility to design data systems with integrity and care." Preparations are underway for the formal designation of banks under New Zealand's CPD Act, expected in December 2025. Payments NZ believes the foundations laid through the API Centre will continue to support secure, innovative and inclusive banking solutions. "This is just the beginning," says Cass. "The next chapter of open banking will be even more impactful – and we're ready."

Finextra
4 days ago
- Business
- Finextra
Fabrick completes acquisition of finAPI
Fabrick, Italian company operating in the Open Finance industry, has completed the acquisition from SCHUFA Holding AG. of 75% of finAPI, one of the leading players in Open Banking in Germany. 0 The acquisition, authorized by regulatory authorities, expands the international perspective of Fabrick and enables the development of synergies for innovation in digital payments across Europe. The convergence between Fabrick and finAPI aims to improve customer experience in payments and access to financial data, making it increasingly secure, fast, and reliable. In this context, the combined portfolio of the two companies will offer enterprises clients a broader range of digital solutions. Specifically, finAPI's clients will benefit from Fabrick's extensive portfolio. Thanks to this operation, Fabrick is now entering high-potential markets such as Germany and Austria, in addition to Italy, Spain, and the United Kingdom. Fabrick not only strengthens its presence at European level but also confirms its DNA as an open ecosystem capable to grow through confrontation with different contexts and cultures and a mutual exchange of know-how and expertise. An asset that enriches the overall offer to the benefit of enterprise clients and their end customers, who can benefit from solutions that are increasingly effective, complete in line with the needs of a market in constant transformation. With its open finance platform, Fabrick orchestrates innovative solutions in the entire payment value chain. It operates as an enabler for banks, fintechs, and corporations, aiming to optimize the end-user experience by making it seamless and personalized. With the acquisition of finAPI, it not only gains expertise and experience, but also strengthens itself in a segment as strategic for the future as A2A payments, becoming one of the main European players by value of transactions. Founded in 2008 in Munich, finAPI is among Germany's pioneers in Open Banking, Data Intelligence, KYC, and Payments. The company serves more than 400 clients, including banks, insurance companies, fintechs, financial institutions, and software providers, operating not only in Germany and Austria, but also in numerous other European countries. In 2024, it reported net sales of €7 million, handling more than 5 billion API calls and a total volume of over €70 billion in account-to-account payments. Germany remains one of the most promising markets for Open Finance in Europe, thanks to strong economic, regulatory, and technological fundamentals. According to Grand View Research, the German Open Banking market was worth €1.7 billion in 2023 and could exceed €8.6 billion by 2030, with a CAGR of 26 percent. Embedded Finance is also growing strongly: estimated at $9.79 billion in 2024, it could reach $25.81 billion by 2029. Consumer adoption increased from 2% to 13% between 2022 and 2024, with 14% of consumers and 10% of SMEs already using embedded lending solutions. With the upcoming PSD3 directive, Europe is preparing to become the leading global market for Open Banking. In this context, the international presence of specialized players such as Fabrick fosters the evolution of Open Finance, promoting innovation, efficiency, and competitiveness. Paolo Zaccardi, CEO and co-founder of Fabrick, comments: 'The acquisition of finAPI represents a strategic step in our European journey. The integration of the two companies, which share a common vision and goals, allows us to enable new models of customer engagement and loyalty, through a fluid, omnichannel and tailored customer experience, in which payments become relationship opportunities. We proceed with a growth perspective based on the exchange of skills and targeted investments, with the aim of strengthening the solutions developed for customers and contributing to their evolution in an increasingly efficient, complete and innovative key.' Florian Haagen, CEO and Co-founder of finAPI, added: 'The merger with Fabrick marks a significant step for finAPI and our customers. Together, we can offer an even broader portfolio of digital Open Finance solutions - with greater flexibility, enhanced capabilities, and access to innovative payment services such as Fabrick's orchestration. For our clients, this means more possibilities and real added value. As part of Fabrick, we are ideally positioned to actively shape the future of Open Finance in Europe.'
Yahoo
12-06-2025
- Business
- Yahoo
Global Open Banking Market Size to Reach USD 136.13 Billion by 2030, Growing at a 27.60% CAGR: MarkNtel Advisors (Capgemini, Oracle, Global Payments, Tata Consultancy, Finastra & others)
Global Open Banking Market Report Overview: NEW DELHI, June 12, 2025 /PRNewswire/ -- The Global Open Banking Market size is experiencing significant growth, projected to rise from approximately USD 31.54 billion in 2024 to USD 136.13 billion by 2030, with a robust CAGR of around 27.60% during the 2025-2030 period, according to MarkNtel Advisors. This growth is driven by the ongoing digital transformation within the banking sector, where both innovative digital banks and traditional institutions are modernizing their operations to remain competitive. Approximately 23% of the population in the surveyed 28 countries have opened digital bank accounts, spurring financial institutions to accelerate their digital initiatives and securely share data with third-party providers, thereby enhancing Open Banking adoption. The open banking market report highlights that regions like Asia-Pacific and the Middle East are leading in digitalization efforts, prompting increased investment in open banking solutions. Interested User Can Get a FREE PDF sample of the report here - Global Open Banking Market Value & Statistics Market Value in 2024: USD 31.54 Billion Projected Valuation by 2030: USD 136.13 Billion Forecast Period CAGR (2025–2030): 27.60% Base Year: 2024 Historical Years: 2020–2023 Leading Segment by Service: Corporate Banking & Retail Banking Leading Region: Europe Industry Dynamic: 1.) Open Banking Market Trend Transformation in Banking Onboarding - The onboarding process in banking is undergoing a significant transformation with the rise of open banking. Financial institutions are leveraging this trend to simplify the onboarding journey, reducing customer stress by allowing seamless access to user data and automating information retrieval. This not only enhances efficiency and user-friendliness but also prepares the way for a greater adoption of open banking solutions, ultimately contributing to substantial growth in the market as more consumers embrace these improvements. 2.) Factor Affecting Open Banking Market Growth The The surge in digital transformation has significantly increased online financial transactions, enhancing the convenience of banking services. However, this growth comes with heightened data security threats. Financial institutions are becoming increasingly cautious about sharing sensitive financial information through APIs, driven by fears of potential financial losses, reputational damage, and regulatory penalties linked to security breaches. This heightened sense of caution is impeding the widespread adoption of open banking practices. As a result, the market's potential for growth is being constrained, as institutions grapple with balancing innovation and robust security measures in an evolving digital landscape. 3.) Open Banking Market Driver In an increasingly globalized world, governments recognize the importance of fostering connections between financial institutions and consumers, both domestically and internationally. Countries such as the UK, Mexico, and the US are actively promoting the adoption of open banking services, which simplify cross-border financial transactions and enhance global trade relationships. Over the past decade, North American and European nations have also proactively worked to democratize access to financial products and services. A significant milestone in this effort was the European Banking Authority's introduction of the Payment Services Directive Two (PSD2) in 2015, which officially marked the beginning of the open banking era. Following this, the UK's Competition and Markets Authority (CMA) implemented guidelines requiring banks to adopt open banking practices by 2018. These regulatory mandates have compelled banks to share their previously restricted financial data with third-party providers, encouraging more entities to enter the market and significantly driving the growth of the Global Open Banking Market. 4.) Global Open Banking Market Opportunity The Impact of CBDCs on the Financial Landscape - The emergence of Central Bank Digital Currencies (CBDCs) is significantly transforming the financial landscape, with many countries exploring or implementing these digital versions of national currencies. Driven by the need to modernize financial systems and enhance monetary policy, over 10 nations have launched CBDCs, while over 100 others are exploring their possibilities, according to the Atlantic Council. China's digital yuan, a leading CBDC initiative, aims for expansion after its pilot began in 2014. As digital currencies gain traction, banks must adapt their systems to support these assets. This presents a unique opportunity for open banking solution providers to facilitate the integration of CBDCs into existing banking infrastructures, paving the way for growth in the Open Banking Market. For in-depth analysis, market data, and forecasts, access the complete study - Competitive Landscape: List of Emerging Open Banking Companies Globally The competitive landscape of the open banking market is characterized by dynamic strategic initiatives among leading players. Companies are actively engaging in mergers, collaborations, and acquisitions to enhance their market presence. Key participants include: F5 Solutions Finleap Financial Details Revolut Ltd Tink AB Salesforce, Inc. Worldline S.A. TATA Consultancy Services Limited Capgemini Oracle Finicity (Mastercard) Jack Henry & Associates, Inc. Finastra Global Payments Virtusa Corp. Plaid Inc. Others These initiatives are aimed at strengthening their positions within the evolving open banking ecosystem, underscoring a commitment to innovation and competitiveness in the financial technology space. Industry Recent Development: 2024: Paysend formed a partnership with Tink, an open banking platform and Visa solution provider, to strengthen and speed up money transfers powered by open banking. Through the integration of Tink's advanced open banking technology, Paysend now allows customers, especially within the EU, to verify and fund international transfers directly from their bank accounts. This removes the need for manual data input or complex security procedures, offering a faster, smoother, and more secure payment process while minimizing errors and the risk of fraud. Schedule a Consultation with Our Experts! – Open Banking Market Segments By Service (Retail Banking [Aggregation & Financial Management, Credit Risk Decisioning, Payments, Origination & Onboarding, Others], Corporate Banking [Corporate Treasury, Financial Management, Credit Decisioning, Payments, Value Added Services, Others], Capital Markets, Others) By Distribution Channel (Bank Channel, App Market, Distributors, Aggregators) By Deployment (On-premise, Cloud, Hybrid) Payments, a Segment Under Corporate Banking & Retail Banking Segment Leads in Market The open banking market is increasingly segmented into various service categories, including Retail Banking, Corporate Banking, and Capital Markets. Among these, payment services in both Retail and Corporate Banking are experiencing notable growth and capturing a significant market share. Innovative fintech companies like Google, Amazon, Facebook, and Apple are harnessing open banking principles to develop solutions that enhance and simplify payment processes for individuals and businesses. As a result, the adoption of open banking for payments is witnessing a considerable increase, showcasing its potential to transform financial transactions. Global Open Banking Market Regional Breakdown: Geographically, the Global Open Banking Market expands across: North America South America Europe The Middle East & Africa Asia-Pacific Europe's Rapid Growth in Open Banking Europe has emerged as a frontrunner in the Open Banking Market, primarily driven by widespread adoption and several key factors. Standardized APIs, diverse national standards, strong expertise in non-retail payments, and influential mobile payment associations play vital roles in this growth. The UK and France have taken the lead in API standardization, laying a solid groundwork for successful Open Banking initiatives, which enhances integration and compatibility across the region. Additionally, countries like the Netherlands, Switzerland, and Spain are notable for their advancements in digital technologies and the establishment of trust in digital practices. Spain, in particular, excels in digital engagement, boasting the highest number of "passported-in" third-party providers (TPPs). As a result, the adoption of Open Banking is witnessing significant momentum throughout Europe. Open Banking Market Report: List of Tables Table 1: Market Segmentation Table 2: Global Open Banking Startup Ecosystem Table 3: Global Open Banking Current Status of Integration & Implementation – A Survey of Financial Institutions Table 4: Results of Integrating Open Banking Table 5: Global Open Banking Case Studies Table 6: Global Open Banking Market Porter's Five Forces Analysis Table 7: Global Open Banking Market Trends & Insights Table 8: Global Open Banking Market Dynamics Table 9: Global Open Banking Market Value Chain Analysis Table 10: Global Open Banking Market Policies, Regulations, and Service Standards Table 11: Global Open Banking Market Size & Analysis by Revenues Table 12: Market Share & Analysis by Service Table 13: North America Open Banking Market Outlook, 2020-2030F Table 14: The US Open Banking Market Outlook, 2020-2030F Table 15: Canada Open Banking Market Outlook, 2020-2030F Table 16: Europe Open Banking Market Outlook, 2020-2030F Table 17: The Middle East & Africa Open Banking Market Outlook, 2020-2030F Table 18: Asia-Pacific Open Banking Market Outlook, 2020-2030F Table 19: Global Open Banking Market Strategic Imperatives for Success & Growth Table 20: Competitive Outlook Table 21: Company Profiles – Overview Table 22: Recent Developments of Key Players Looking for Regional or country-specific reports on this market? Visit our website - Open Banking Market Report: List of Figures Figure 1: Evolution of Open Banking Figure 2: Region-wise Current Status of Integrating Open Banking Figure 3: Region-wise Purpose of Adopting Open Banking Figure 4: Top Applications for Which Open Banking has been Implemented by Financial Institutions Figure 5: Global Open Banking Market Hotspots & Opportunities Figure 6: Market Size & Forecast for Retail Banking Services Figure 7: Distribution Channel Analysis Figure 8: Deployment Analysis of Open Banking Services Figure 9: Trends in Global Open Banking Market Figure 10: Key Players in the Global Open Banking Ecosystem About Us – MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others. We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others. Similar Report Topic – Asia Neobanking Market Research Report: Forecast (2025-2030) - The research involves an in-depth examination of the various strategies and methodologies employed in the development of market products and services. The research examines a variety of factors, including industry chain analysis, cost structure analysis, and end-use segments, to present readers with a plethora of information. Eastern Europe Core Banking Market Research Report: Forecast (2023-2028) - The Eastern Europe Core Banking Market is projected to grow at a CAGR of around 16.5% during the forecast period, i.e., 2023-28. US Cash Management Services Market Research Report: Forecast (2025-2030) - The US Cash Management Services Market size was valued at around USD 388.19 million in 2024 and is projected to reach USD 629.22 million in 2030. Along with this, the market is estimated to grow at a CAGR of around 7.99% during the forecast period, i.e., 2025-30 GCC Cash Management Services Market Research Report: Forecast (2025-2030) - Valued at USD 70.17 million in 2024, The GCC Cash Management Services Market is likely to reach USD 109 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.62% during the forecast period, i.e., 2025-30. Saudi Arabia Cards and Payments Market Research Report: Forecast (2025-2030) - The Saudi Arabia Cards and Payments Market is estimated to grow at a CAGR of around 8.5% during the forecast period, 2025-30 India Cards and Payments Market Research Report: Forecast (2025-2030) - The study goes into great detail regarding how the India Cards and Payments Market is expanding and becoming beneficial. Furthermore, important stakeholders can learn about main trends, drivers, investments, market player's actions, to increase product/service adoption in the coming years, and commercial product insights. US Cards and Payments Market Research Report: Forecast (2025-2030) - The US Cards and Payments market research report reveals the current market standards as well as the latest patterns and strategic developments of the market participants in an unbiased manner. Canada Mobile Wallet and Payment Market Research Report Forecast: (2025-2030) - The Canada Mobile Wallet and Payment Market size was valued at around USD 1.39 billion in 2024 and is projected to reach USD 20.48 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 55.88% during the forecast period, i.e., 2025-30. Global Green Bond Market Research Report: Forecast (2025-2030) - The Global Green Bond Market size was valued at around USD 224 billion in 2024 and is projected to reach USD 350 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8% during the forecast period, i.e., 2025-30. India UPI Apps Market Research Report: Forecast (2024-2030) - The India UPI Apps Market size is projected to grow at a CAGR of around 10.5% during the forecast period, i.e., 2024-30. The India Unified Payments Interface (UPI) Apps Market has various factors presenting robust growth Contact: MarkNtel Advisors Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India Contact No: +91 8719999009 Email: sales@ Visit our Website: Content Source: Logo: View original content: SOURCE MarkNtel Advisors Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-06-2025
- Business
- Yahoo
Paragon Bank launches new savings app
Paragon Bank has introduced a new savings application named Spring, developed in collaboration with Moneyhub. This app aims to enhance the savings experience for consumers in the UK by addressing the prevalent issue of "current account coasting," where approximately 29 million adults maintain funds in low or no-interest accounts, according to Paragon Bank. Spring offers a competitive interest rate of 4.30% AER, which is said to be higher than the rates typically provided by major banks, and does not require users to change their current account provider. The application integrates with users' existing current accounts through Moneyhub's Open Banking technology, allowing customers to manage their finances more effectively. Users can view their current account balances within the Spring app and transfer funds seamlessly between accounts. The app also includes features such as savings pots and unlimited withdrawals, all without any hidden fees or restrictions. Paragon Digital Proposition head Guy Simmonds said: 'The journeys are superb in their simplicity, and we believe they are best in class, particularly with the app-to-app redirects. 'This partnership with Moneyhub is a key element of our digitalisation strategy, and we are excited to see how it will catalyse further change across our organisation.' Moneyhub plays a crucial role in this initiative by supplying the necessary connectivity and payment technology. This partnership facilitates a secure user experience, encouraging deposits through Open Banking payments, including Single Immediate Payments and Variable Recurring Payments (VRPs) to automate savings. Moneyhub CCO Dan Scholey said: 'We are delighted to partner with Paragon Bank to support the launch of Spring. Our collaboration showcases the importance of breaking down barriers to enable consumers to connect with their money effortlessly. 'This is just the beginning of our journey together, and we look forward to exploring more innovative solutions that deliver outstanding outcomes for customers.' In 2023, Standard Life teamed up with Moneyhub to create a pensions dashboard for its four million customers, allowing them to access both known and forgotten State, Workplace, and Personal Pensions. "Paragon Bank launches new savings app" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data