The promise of open banking is to foster a range of new products and services as banks link with FinTechs to use customer-permissioned data to...
Visa-owned open banking platform Tink wants to give consumers a better view of transactions. The company on Tuesday (Oct. 1) launched “Merchant Information,” a solution...
Today’s businesses exist and operate across a connected global landscape. Advances like instant payments and real-time data integration are becoming the norm, which puts pressure...
Demand for seamless, real-time financial information is driving a shift in banking. This shift, driven by technological advancements and global trends including open banking and...
The Consumer Financial Protection Bureau (CFPB) is inviting public comments on the first application from an organization seeking recognition as an open banking standard-setter. The...
Banks and financial institutions (FIs) face challenges in balancing the convenience of digital banking with the need for robust security measures. Economic impacts from fraud...
PNC Financial Services Group and Plaid have partnered to allow the bank’s customers to more securely share their data with third-party financial apps and services....
As open banking begins to reshape the financial landscape, the promise of enhanced consumer experiences and innovative services looms large. But a PYMNTS Intelligence report,...
Open banking, which allows third-party providers to access banking data through secure application programming interfaces (APIs), has gained momentum globally as a means to enhance...