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.

How To Build High Performance Via Digital — and Humans
How To Build High Performance Via Digital — and Humans
June 18, 2019  |  Today In Data

Fraud is a two-headed beast, but the beast can be defeated as more consumers flock to marketplaces and other eCommerce destinations. Meanwhile, there are fresh...

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Open Banking Co Token Receives $36.5M Investment
Open Banking Co Token Receives $36.5M Investment
June 18, 2019  |  Investments

Turnkey open banking platform Token has received a $36.5 million investment from a few investors, including Opera Tech Ventures, which is the venture division of...

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Citi: Scaling Open Banking Starts With Incentives And API Aggregation
Citi: Scaling Open Banking Starts With Incentives And API Aggregation
June 17, 2019  |  Digital Banking

Open banking is nothing if not a lot of moving parts and complications. But could merchant incentives help fuel this ongoing effort at digital payments...

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Corporates’ Role In Helping Banks Tackle The Trade Finance Gap
Corporates’ Role In Helping Banks Tackle The Trade Finance Gap
June 14, 2019  |  B2B Payments

There are a lot of factors that have converged to create a whopping $1.5 trillion in trade finance availability in the global economy today. Banks’...

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How Overlay Services Add New Opportunities In Open Banking
How Overlay Services Add New Opportunities In Open Banking
June 12, 2019  |  B2B Payments

One year after the rollout of Open Banking in the U.K., researchers have found that a general understanding and awareness of the regulation remains low....

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How Banks Balance New SMB Tech (Without Nixing The Old)
How Banks Balance New SMB Tech (Without Nixing The Old)
June 11, 2019  |  B2B Payments

The U.S. banking industry is an ever-evolving machine, shaped and disrupted by FinTech, regulation and shifting customer expectations. Until recently, these changes rarely impacted the...

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Token CEO: Why Open Banking Is Really ‘Closed Banking’
Token CEO: Why Open Banking Is Really ‘Closed Banking’
June 10, 2019  |  Bank Regulation

Open Banking is brand new, but maybe not. Token.io Limited CEO Steve Kirsch tells Karen Webster that there are limitations with PSD2 amid a lack of API...

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Visa-Western Union Deal And Alexa’s Roommate Potential Top The Week’s News
Visa-Western Union Deal And Alexa’s Roommate Potential Top The Week’s News
June 07, 2019  |  News

Yes, the weekend has arrived! We don’t know about you, but it was a busy week for PYMNTS, given all the news coming from the...

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How New Entrepreneurs Usher Open Banking Into SMB FinServ
How New Entrepreneurs Usher Open Banking Into SMB FinServ
June 06, 2019  |  B2B Payments

Bank branch closures have some analysts, and even the banks themselves, on high alert. Researchers found a 2.2 percent drop in the number of U.S....

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