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.

UK Explores Open Banking’s SMB Finance Impact
UK Explores Open Banking’s SMB Finance Impact
March 05, 2020  |  B2B Payments

Open Banking business models continue to proliferate, and not just geographically. In the U.K., financial regulators are exploring an expansion of the data ownership, privacy...

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Nationwide Delays SMB Account To Build Bank-Switching Tool
Nationwide Delays SMB Account To Build Bank-Switching Tool
March 03, 2020  |  B2B Payments

Nationwide Building Society has pushed back the rollout of its small- to medium-sized business (SMB) account to later this year, instead wanting to focus for...

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i2c Names GM In Middle East, Africa Expansion
i2c Names GM In Middle East, Africa Expansion
March 03, 2020  |  Banking

Payment and open banking tech firm i2c plans to expand its presence in the Middle East and Africa, according to a press release. The plans...

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AP Automation Braces For Open Banking, Globalization
AP Automation Braces For Open Banking, Globalization
February 28, 2020  |  B2B Payments

As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for both buyer and...

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What Open Banking Means For China, Challenger Banks And SMBs
What Open Banking Means For China, Challenger Banks And SMBs
February 27, 2020  |  B2B Payments

Small businesses continue to embrace digital banking. At the same time, digital banks are looking to capitalize on their growing small and medium-sized business (SMB)...

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Challenger Bank Battle In Full Swing In UK
Challenger Bank Battle In Full Swing In UK
February 25, 2020  |  Digital Banking

In banking, in the jockeying and jousting for consumers’ attention (and deposits, of course), will it be a case of anarchy in the U.K.? We’re...

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Deep Dive: Taking A Closer Look At The Chinese Regulatory Space
Deep Dive: Taking A Closer Look At The Chinese Regulatory Space
February 25, 2020  |  Regulation

Chinese banking and business practices’ potential impacts are favored topics for bankers and merchants: Changes in this market often have ripple effects on global finances....

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Revolut Raises $500M, Aims For Profits In 2020
Revolut Raises $500M, Aims For Profits In 2020
February 24, 2020  |  Investments

After raising another $500 million in its Series D fundraising, Revolut plans to increase daily engagements and has set its sights on profitability this year,...

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China’s Regulatory Realities And Their Global Open Banking Implications
China’s Regulatory Realities And Their Global Open Banking Implications
February 21, 2020  |  Regulation

The continual spread of Open Banking means that regulators and merchants in various markets are becoming more aware of the critical importance of security as...

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