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.

5 Things to Watch in Courts and on Capitol Hill that Will Impact Payments in 2024 
5 Things to Watch in Courts and on Capitol Hill that Will Impact Payments in...
December 20, 2023  |  Regulation

December’s on the way out. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Education and Regulation Define Real-Time Payments’ Inflection Point
Education and Regulation Define Real-Time Payments’ Inflection Point
December 20, 2023  |  Faster Payments

Instant payments have been available across the payments landscape for years. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Xero and Flinks Partner to Enhance Banking Data Access 
Xero and Flinks Partner to Enhance Banking Data Access 
December 18, 2023  |  SMBs

Xero, a global small business platform, has partnered with Flinks, an open banking firm, to enhance banking data access for small businesses.  Get the Full Story...

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Open Banking Acceptance Varies Across Generations
Open Banking Acceptance Varies Across Generations
December 18, 2023  |  Disbursements

Open banking is on the rise. By enabling the sharing of customer financial data between banks and third-party service providers through application programming interfaces (APIs),...

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Mastercard and Brim Financial Partner on Credit Card Infrastructure
Mastercard and Brim Financial Partner on Credit Card Infrastructure
December 06, 2023  |  Partnerships

Mastercard and credit card-as-a-service company Brim Financial formed a partnership. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Connectivity Defined the Past Decade — Interoperability Will Shape the Next
Connectivity Defined the Past Decade — Interoperability Will Shape the Next
December 04, 2023  |  Innovation

A decade ago, in 2013, Amazon counted around a thousand robots across its fulfilment warehouses. Get the Full Story Complete the form to unlock this...

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Algorand Foundation Invests in Afghanistan’s HesabPay
Algorand Foundation Invests in Afghanistan’s HesabPay
December 01, 2023  |  Cryptocurrency

The Algorand Foundation has made a strategic investment in HesabPay, an interoperable digital payments platform in Afghanistan that uses the Algorand blockchain. Get the Full Story Complete the...

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CFPB Handles 20,000 Consumer Complaints Per Week
CFPB Handles 20,000 Consumer Complaints Per Week
November 30, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sends 20,000 complaints to companies for responses every week. Get the Full Story Complete the form to unlock this...

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Bank Data Silos Need Breaking for Open Banking to Succeed
Bank Data Silos Need Breaking for Open Banking to Succeed
November 22, 2023  |  Digital Banking

Serena Smith, chief client officer at i2c, told PYMNTS that the shift to faster payments and open banking will spur financial institutions to take a...

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