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.

Banks, FinTechs Find New Models To Mesh Their Strengths
Banks, FinTechs Find New Models To Mesh Their Strengths
July 28, 2020  |  B2B Payments

The bank-FinTech collaboration model is often about wielding digital-native FinTech solutions to fit within bank offerings. Get the Full Story Complete the form to unlock...

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Democratizing FinTech Development Without Compromising Compliance
Democratizing FinTech Development Without Compromising Compliance
July 27, 2020  |  B2B Payments

Though applications of the U.K.’s open banking framework have grown more diverse since its launch in 2018, the initial excitement behind the regulatory initiative was...

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Open Banking, Synthetic ID Fraud, Supplemental Jobless Benefits Top This Week’s News
Open Banking, Synthetic ID Fraud, Supplemental Jobless Benefits Top This Week’s News
July 24, 2020  |  The Weekender

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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All Eyes Are On LATAM Open Banking
All Eyes Are On LATAM Open Banking
July 24, 2020  |  Bank Regulation

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly...

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Open Banking For The Unbanked: How The Pandemic Is Affecting Innovation In LatAm
Open Banking For The Unbanked: How The Pandemic Is Affecting Innovation In LatAm
July 22, 2020  |  Bank Regulation

With nearly 50 percent of the Latin American population unbanked, there's a growing appetite for mobile banking services. And the ongoing pandemic is only accelerating...

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New QuickBooks Features Boost SMB Access To Cash Flow, Payroll Updates
New QuickBooks Features Boost SMB Access To Cash Flow, Payroll Updates
July 21, 2020  |  B2B Payments

QuickBooks has rolled out new products to aid with small- to medium-sized businesses’ (SMBs’) recovery from the pandemic, which will include new payroll options and...

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New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap
New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap
July 21, 2020  |  Bank Regulation

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Get the Full Story...

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Coconut Notches $3.15M For SMB Accounting Platform
Coconut Notches $3.15M For SMB Accounting Platform
July 15, 2020  |  B2B Payments

Small- to medium-sized business (SMB) finance app Coconut has notched approximately 2.5 million pounds ($3.15 million) through a Crowdcube fundraising. The company had initially aimed...

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FinTechs Unite With Common Goal Of Banking-as-a-Service
FinTechs Unite With Common Goal Of Banking-as-a-Service
July 14, 2020  |  B2B Payments

With bank-FinTech tie-ups growing more popular, FinTechs themselves are similarly discovering value in collaborating with each other to elevate their value proposition for joint financial...

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