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 Deepens Its SMB Accounting, Lending Presence
Open Banking Deepens Its SMB Accounting, Lending Presence
February 20, 2020  |  B2B Payments

As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. This week’s exploration of the...

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Taking The Temperature Of B2B Payments In Healthcare
Taking The Temperature Of B2B Payments In Healthcare
February 18, 2020  |  B2B Payments

The U.S. healthcare system is a multi-trillion dollar industry, but one rife with inefficiencies, especially when it comes to payments. In an interview with PYMNTS,...

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APIs Streamline Cross-Border SMB Payments
APIs Streamline Cross-Border SMB Payments
February 17, 2020  |  B2B Payments

Commerce is increasingly crossing borders and currencies, digitally, affording firms of all sizes, and across all verticals, opportunities to tap into new markets. Managing and...

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Fingopay Successfully Uses Vein Biometrics For Bank-To-Bank Payment
Fingopay Successfully Uses Vein Biometrics For Bank-To-Bank Payment
February 13, 2020  |  Innovation

Biometric VeinID platform Fingopay announced that it is launching an Open Banking retail pilot with Reflow, a payments firm. The partnership has allowed the companies...

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NCR: How Platforms Enable Banks To Be ‘Digital-First’ Fast
NCR: How Platforms Enable Banks To Be ‘Digital-First’ Fast
February 13, 2020  |  Digital Banking

To bring digital transformation to banks, and to help them bring their assets to the “digital-first” consumer, look to the platform. In an interview with...

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Platforms Help FIs And FinTechs Break Down Silos
Platforms Help FIs And FinTechs Break Down Silos
February 12, 2020  |  Digital Banking

In the drive to bring speed, convenience and true innovation to payments and address customers’ financial services needs in real time, financial institutions (FIs) need...

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Revolut Starts Open Banking Service For UK Customers
Revolut Starts Open Banking Service For UK Customers
February 11, 2020  |  Banking

Revolut has announced a new Open Banking feature that will allow customers to access all their bank accounts on a single app. The move will...

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How Payments Power Small Businesses’ Mobile Banking Adoption
How Payments Power Small Businesses’ Mobile Banking Adoption
February 10, 2020  |  B2B Payments

Small businesses (SMBs) seem to have crossed a threshold over the last few years. In 2017, researchers at RateWatch found that small businesses were skeptical of...

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BoA Brings QuickBooks, G Suite Into Small Business Platform
BoA Brings QuickBooks, G Suite Into Small Business Platform
February 07, 2020  |  B2B Payments

Bank of America can now integrate data from key third-party business applications on its Business Advantage 360 platform to offer a more complete financial picture for...

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