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.

Canada’s Path Toward B2B Payables Modernization
Canada’s Path Toward B2B Payables Modernization
July 10, 2019  |  B2B Payments

Canada is embracing the payments modernization journey, with organizations like Payments Canada driving adoption of faster, more agile payment functionality in the country. Some of...

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The Intersection Of FX Management And Open Banking
The Intersection Of FX Management And Open Banking
July 09, 2019  |  B2B Payments

Corporate cash inflows and outflows present ample opportunity for friction and disruption — and, as a result, ample opportunity for innovation. As evolutionary forces in...

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The FinTech Friction (And Opportunity) In Global Trade
The FinTech Friction (And Opportunity) In Global Trade
July 05, 2019  |  B2B Payments

Although business lending requires the aggregation of data from a multitude of sources, there is typically only one financial institution managing the process. Trade finance...

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What SCA Means For Europe And Beyond
What SCA Means For Europe And Beyond
June 26, 2019  |  Regulation

With the Strong Customer Authentication (SCA) deadline looming in September, the mandate by the European Banking Authority requiring “strong customer authentication” for all electronic payments...

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How Banks Can Compete With FinTechs Under PSD2
How Banks Can Compete With FinTechs Under PSD2
June 25, 2019  |  Regulation

With Open Banking expanding across the EU, legacy FIs are increasingly at risk of losing customers to FinTech firms that now have access to previously...

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How ACH Business Payments Pave The Way For US Open Banking
How ACH Business Payments Pave The Way For US Open Banking
June 24, 2019  |  B2B Payments

In B2B payments, corporates’ continued use of paper checks confounds FinTech firms working to give businesses more affordable, faster and more efficient payment options. Yet,...

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In The PSD2 Age, Banks Must Think Like FinTech Firms
In The PSD2 Age, Banks Must Think Like FinTech Firms
June 24, 2019  |  Regulation

With the Strong Customer Authentication (SCA) compliance deadline less than four months away, banks are still underprepared. While banks continue to open their application programming...

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Trade Ledger Launches Invoice Finance-as-a-Service
Trade Ledger Launches Invoice Finance-as-a-Service
June 20, 2019  |  B2B Payments

Open Banking platform Trade Ledger is introducing an invoice financing solution for banks and alternative lenders, the company announced this week. A press release on...

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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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