Open Banking

Open banking is a financial services term as part of financial technology that refers to: The use of open APIs that enable third-party developers to build applications and services around the financial institution. Greater financial transparency options for account holders ranging from open data to private data.

Citi Says Developer Portal Is Bank’s Innovation Accelerator
Citi Says Developer Portal Is Bank’s Innovation Accelerator
January 13, 2025  |  Banking

As platforms, corporates and financial institutions scale and bring personalized financial products and solutions to their end customers, application programming interfaces (APIs) are proving to...

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46% of US Consumers Show Interest in Open Banking for Bill Pay
46% of US Consumers Show Interest in Open Banking for Bill Pay
January 10, 2025  |  Payments Innovation

In the modern business landscape, adopting open payments platforms is no longer optional; it’s a necessity. Get the Full Story Complete the form to unlock...

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CFPB’s Open Banking Standardization Push Faces Legal, Logistical Hurdles
CFPB’s Open Banking Standardization Push Faces Legal, Logistical Hurdles
January 09, 2025  |  CFPB

The news this week that the Consumer Financial Protection Bureau (CFPB) has recognized Financial Data Exchange (FDX) as a standard-setting body — to help determine how...

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CFPB Permits Financial Data Exchange to Set Open Banking Standards
CFPB Permits Financial Data Exchange to Set Open Banking Standards
January 08, 2025  |  Bank Regulation

The Consumer Financial Protection Bureau (CFPB) has recognized Financial Data Exchange (FDX) as a standard-setting body, allowing it to issue standards that companies can use...

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Regions Bank Taps Axway to Provide Open Banking Services
Regions Bank Taps Axway to Provide Open Banking Services
January 06, 2025  |  Banking

Regions Bank says it has launched a partnership with data integration firm Axway. Get the Full Story Complete the form to unlock this article and enjoy...

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Finastra Names Ex-Avantax CEO Chris Walters as New Chief Executive
Finastra Names Ex-Avantax CEO Chris Walters as New Chief Executive
January 06, 2025  |  Personnel

U.K.-based financial services software firm Finastra has a new chief executive. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Thredd’s McCarthy: Payments Execs Need to Take a Lesson From NASCAR
Thredd’s McCarthy: Payments Execs Need to Take a Lesson From NASCAR
January 03, 2025  |  Payments Innovation

2025 is here, and the payments industry will navigate uncertainty across regulatory, geopolitical and economic fronts. Get the Full Story Complete the form to unlock...

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US Bank Division Sees AI and APIs Meeting Customer Expectations
US Bank Division Sees AI and APIs Meeting Customer Expectations
January 02, 2025  |  Payments Innovation

If trust between financial services firms, merchants and consumers is essential for commerce to take place, it’s a fragile bond. Get the Full Story Complete...

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FIS Sees CFOs Moving From ‘Hindsight to Foresight’
FIS Sees CFOs Moving From ‘Hindsight to Foresight’
January 02, 2025  |  B2B Payments

As the financial world approaches 2025, shifts in banking and payments are unfolding. Get the Full Story Complete the form to unlock this article and...

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