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The Evolution of Open Finance Through the Lens of CBI

The Fintech Times

It also reduces costs through resource sharing, enhances system resilience, and supports economic inclusion by expanding access to financial services for underserved groups. Over these years, CBI has developed several open banking and open finance services and achieved a variety of goals at national and international level.

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Neo Reaches Profitability as More Businesses Explore Alternatives to Traditional Banks

The Fintech Times

It offers International Bank Account Numbers (IBAN) through which businesses can send and receive payments in 25 currencies. These factors have helped Neo acquire new clients and receive an increasing number of enquiries from corporates that are doing more business abroad and are looking to move away from their traditional banking providers.

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Cross-border payments fintech Neo hits profitability after year of rapid growth

Fintech Finance

It offers International Bank Account Numbers (IBAN) through which businesses can send and receive payments in 25 currencies. Laurent Descout, co-founder and CEO of Neo , said: “When we founded Neo, we knew that businesses were being underserved by treasury management software and banks which was holding back their international aspirations.

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Amid Inflation Worries, Colombian Fintech Taps Euro Yields to Protect Latin Americans’ Savings

Fintech Review

This new offering allows Littio users in Latin America and Europe to instantly create a EURO IBAN account and earn stable yield on their holdings, with no minimums, which is unmatched by any other EUR-based bank account options on the market today. These are not people without bank accounts.

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