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.

Open Banking Eyed To Boost B2B Finserv Value
Open Banking Eyed To Boost B2B Finserv Value
April 07, 2020  |  B2B Payments

Bank-FinTech collaboration is quickly becoming an essential component of facilitating small business loans as large lenders scramble to manage a surge of volume in paycheck...

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Banking APIs Give Businesses An eCommerce Push
Banking APIs Give Businesses An eCommerce Push
April 07, 2020  |  API

Open banking efforts are live in countries ranging from the United Kingdom to Singapore. Financial institutions (FIs) following these initiatives make their application programming interfaces...

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Leveraging Open Banking To Build The New Trust Ecosystem
Leveraging Open Banking To Build The New Trust Ecosystem
April 07, 2020  |  Banking

Everyone wants to build a smoother, faster and more efficient financial services journey — that isn’t a point of disagreement or friction. Few are investing...

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Deep Dive: How US Data Regulation Fragmentation Is Affecting Merchants, Consumers
Deep Dive: How US Data Regulation Fragmentation Is Affecting Merchants, Consumers
March 31, 2020  |  Regulation

Devising open banking laws that adequately respond to shifting privacy needs and satisfy both businesses and consumers is difficult. U.S. legislators in several states are...

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Open Banking Platform Tink Acquires Eurobits
Open Banking Platform Tink Acquires Eurobits
March 29, 2020  |  B2B Payments

European open banking platform Tink will now have more room to expand with the acquisition of Eurobits, which works in account aggregation technology, according to...

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Payments Initiation Opens The B2B Door For QR Code Payments
Payments Initiation Opens The B2B Door For QR Code Payments
March 27, 2020  |  B2B Payments

QR codes have enjoyed mounting adoption in the consumer payments landscape around the world in recent years as FinTech solutions embrace end-user efficiency and take...

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US Retailers Confront Data Privacy Shifts
US Retailers Confront Data Privacy Shifts
March 27, 2020  |  Regulation

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus, many countries saw business and...

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M&A, Open Banking Drive Commercial Card Innovation
M&A, Open Banking Drive Commercial Card Innovation
March 25, 2020  |  B2B Payments

As commercial card innovation expands, service providers continue to target particular pain points for their business cardholders. This week’s look at the latest initiatives driving...

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UK FinTechs Team To Help Self-Employed Workers Amid COVID-19
UK FinTechs Team To Help Self-Employed Workers Amid COVID-19
March 24, 2020  |  Gig Economy

U.K.-based FinTechs have banded together to help self-employed workers prove their income so they can be eligible for financial support, according to a report. The...

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