February 25, 2020In banking, in the jockeying and jousting for consumers’ attention (and deposits, of course), will it be a case of anarchy in the U.K.?
We’re being (slightly) tongue in cheek, with ...
February 25, 2020 Chinese banking and business practices’ potential impacts are favored topics for bankers and merchants: Changes in this market often have ripple effects on global finances. The country’s recent cybersecurity and ...
February 24, 2020After raising another $500 million in its Series D fundraising, Revolut plans to increase daily engagements and has set its sights on profitability this year, according to the company.
The global ...
February 21, 2020 The continual spread of Open Banking means that regulators and merchants in various markets are becoming more aware of the critical importance of security as data speeds increase. One of ...
February 20, 2020As 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 latest in bank-FinTech collaborations and data ...
February 18, 2020The 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, Todd Harbison, chief revenue officer ...
February 17, 2020Commerce is increasingly crossing borders and currencies, digitally, affording firms of all sizes, and across all verticals, opportunities to tap into new markets.
Managing and executing payments globally can be a ...
February 13, 2020Biometric VeinID platform Fingopay announced that it is launching an Open Banking retail pilot with Reflow, a payments firm. The partnership has allowed the companies to create a bank-to-bank, face-to-face ...
February 13, 2020To 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 Karen Webster, Douglas Brown, senior vice ...
February 12, 2020In the drive to bring speed, convenience and true innovation to payments and address customers’ financial services needs in real time, financial institutions (FIs) need to break down silos.
That means ...
February 11, 2020Revolut has announced a new Open Banking feature that will allow customers to access all their bank accounts on a single app. The move will make everything easier and more ...
February 10, 2020Small 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 mobile banking services, with more ...
February 7, 2020Bank 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 small businesses, according to an ...
February 6, 2020Open Banking frameworks continue to proliferate throughout the world.
The Australian Competition and Consumer Commission (ACCC) has now formally released the Consumer Data Right (CDR) rules that will set the stage ...
February 6, 2020Breaking the legacy of batch payments can help corporate treasurers hit instant speeds — and access rich real-time payment data — with the right application programming interface (API) integrations. In ...
February 4, 2020 Open Banking’s European success has kicked off interest in similar regulations worldwide, most notably in China, India and Singapore, where digital banking’s popularity among general consumers is rapidly rising. These ...
February 3, 2020As open banking frameworks continue to encourage bank-FinTech collaboration, the financial services market is exploring new ways to unlock data — not only with banks, but with each other.
That means ...
February 3, 2020 Banking is no longer just for traditional FIs, thanks to open banking’s spread. Digital banking development is poised to explode in Singapore, where legacy institutions have traditionally dominated.
This prospective growth ...
January 31, 2020 Financial institutions (FIs) and merchants in the European Union (EU) have had some time to get used to both the General Data Protection Regulation (GDPR) and the revised Payment Services ...
January 30, 2020Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways ...
January 29, 2020Despite its rising popularity, open banking and data sharing frameworks were not necessarily opportunities toward which banks initially jumped.
Their hesitation is understandable, considering many open banking initiatives aim to unlock ...
January 28, 2020Advances in data integration and automation have taken small- to medium-sized business (SMB) accounting to the next level.
In the effort to migrate SMBs and their accountants away from spreadsheets, technology ...
January 22, 2020Will India prove to be a model for open banking? Will it be a fast follower – or a cautionary tale?
India is on the verge of passing a data protection ...
January 21, 2020While Open Banking initiatives and data integrations between banks and FinTech firms have begun to target corporate and small business (SMB) end users, new research out of the U.K. has ...
January 20, 2020In today’s top payments news, U.K. regulators have levied $126 million in fines for data violations since mid-2018, Google CEO Sundar Pichai calls for international cooperation in artificial intelligence (AI) ...
January 20, 2020Sweden’s open banking platform Tink raised €90 million in an investment round co-led by Dawn Capital, HMI Capital and Insight Partners, Tink announced on Monday (Jan. 20).
The startup’s platform links ...
January 16, 2020Open banking and its promise of more elasticity in finance is enabled by application program interfaces (APIs) — lines of code that execute everything from simple peer-to-peer (P2P) transfers to ...
January 16, 2020 Small to medium-sized businesses (SMBs) need more support from their banks than ever to handle today’s increasingly fragmented global economy. Companies must manage increased data processing and transaction volumes for ...
January 14, 2020In financial services, demand for ease of use and security are sky-high, even for business customers. But for many service providers, achieving one can often mean compromising the other.
Payments and ...
January 13, 2020The U.K. Federation of Small Businesses (FSB) has released the results of a survey of small to medium-sized businesses’ (SMBs) embrace of open banking two years since the framework took ...
January 13, 2020 Banks need strong application programming interface (API) strategies if they want to retain their business clients. Business to business (B2B) APIs enable financial institutions (FIs) to give their business customers ...
January 9, 2020Following anxieties that robots would replace their jobs, small business (SMB) accountants are now on a path to potentially become more strategic partners with their SMB clients. Many industry players ...
January 7, 2020Open Banking and bank-FinTech collaboration are the new norm for financial institutions around the world looking to upgrade their offerings for small businesses (SMBs). In this week’s examination of the ...
January 6, 2020On Jan. 3, 2020, the California Consumer Privacy Act (CCPA) went into effect, ushering in the strongest consumer data protections in the U.S. With the General Data Protection Regulation (GDPR) ...
January 6, 2020 The European Union’s revised Payment Services Directive (PSD2) is tightening its grip on international finance as open banking initiatives continue to crop up in countries where the legislation
has already been ...
January 3, 2020Application program interface (API) technology had a standout year in 2019 as a critical component to enabling the open banking business model, unlocking financial data from silos, as well as ...
January 2, 2020 Banks and FinTechs in the European Union have settled into a period of harmony with the revised Payment Services Directive (PSD2).
These financial institutions (FIs) have recognized how this regulation has ...
December 30, 2019The Open Banking business model has derived mixed reactions from the financial services market, and without a regulatory mandate in the U.S., it’s not entirely clear how deeply the data ...
December 27, 2019With regulations surrounding data ownership, privacy and open banking now in full swing in multiple markets around the globe, opening up account data is now a requirement for many financial ...
December 19, 2019FinTech and automation technology have cast a shadow of anxiety on the accounting industry in recent years, as certified public accountants (CPAs) began to wonder whether their jobs would be ...
In banking, in the jockeying and jousting for consumers’ attention (and deposits, of course), will it be a case of anarchy in the U.K.?
We’re being (slightly) tongue in cheek, with ...
Chinese banking and business practices’ potential impacts are favored topics for bankers and merchants: Changes in this market often have ripple effects on global finances. The country’s recent cybersecurity and ...
After raising another $500 million in its Series D fundraising, Revolut plans to increase daily engagements and has set its sights on profitability this year, according to the company.
The global ...
The continual spread of Open Banking means that regulators and merchants in various markets are becoming more aware of the critical importance of security as data speeds increase. One of ...
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 latest in bank-FinTech collaborations and data ...
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, Todd Harbison, chief revenue officer ...
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 executing payments globally can be a ...
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 to create a bank-to-bank, face-to-face ...
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 Karen Webster, Douglas Brown, senior vice ...
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 to break down silos.
That means ...
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 make everything easier and more ...
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 mobile banking services, with more ...
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 small businesses, according to an ...
Open Banking frameworks continue to proliferate throughout the world.
The Australian Competition and Consumer Commission (ACCC) has now formally released the Consumer Data Right (CDR) rules that will set the stage ...
Breaking the legacy of batch payments can help corporate treasurers hit instant speeds — and access rich real-time payment data — with the right application programming interface (API) integrations. In ...
Open Banking’s European success has kicked off interest in similar regulations worldwide, most notably in China, India and Singapore, where digital banking’s popularity among general consumers is rapidly rising. These ...
As open banking frameworks continue to encourage bank-FinTech collaboration, the financial services market is exploring new ways to unlock data — not only with banks, but with each other.
That means ...
Banking is no longer just for traditional FIs, thanks to open banking’s spread. Digital banking development is poised to explode in Singapore, where legacy institutions have traditionally dominated.
This prospective growth ...
Financial institutions (FIs) and merchants in the European Union (EU) have had some time to get used to both the General Data Protection Regulation (GDPR) and the revised Payment Services ...
Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways ...
Despite its rising popularity, open banking and data sharing frameworks were not necessarily opportunities toward which banks initially jumped.
Their hesitation is understandable, considering many open banking initiatives aim to unlock ...
Advances in data integration and automation have taken small- to medium-sized business (SMB) accounting to the next level.
In the effort to migrate SMBs and their accountants away from spreadsheets, technology ...
Will India prove to be a model for open banking? Will it be a fast follower – or a cautionary tale?
India is on the verge of passing a data protection ...
While Open Banking initiatives and data integrations between banks and FinTech firms have begun to target corporate and small business (SMB) end users, new research out of the U.K. has ...
In today’s top payments news, U.K. regulators have levied $126 million in fines for data violations since mid-2018, Google CEO Sundar Pichai calls for international cooperation in artificial intelligence (AI) ...
Sweden’s open banking platform Tink raised €90 million in an investment round co-led by Dawn Capital, HMI Capital and Insight Partners, Tink announced on Monday (Jan. 20).
The startup’s platform links ...
Open banking and its promise of more elasticity in finance is enabled by application program interfaces (APIs) — lines of code that execute everything from simple peer-to-peer (P2P) transfers to ...
Small to medium-sized businesses (SMBs) need more support from their banks than ever to handle today’s increasingly fragmented global economy. Companies must manage increased data processing and transaction volumes for ...
In financial services, demand for ease of use and security are sky-high, even for business customers. But for many service providers, achieving one can often mean compromising the other.
Payments and ...
The U.K. Federation of Small Businesses (FSB) has released the results of a survey of small to medium-sized businesses’ (SMBs) embrace of open banking two years since the framework took ...
Banks need strong application programming interface (API) strategies if they want to retain their business clients. Business to business (B2B) APIs enable financial institutions (FIs) to give their business customers ...
Following anxieties that robots would replace their jobs, small business (SMB) accountants are now on a path to potentially become more strategic partners with their SMB clients. Many industry players ...
Open Banking and bank-FinTech collaboration are the new norm for financial institutions around the world looking to upgrade their offerings for small businesses (SMBs). In this week’s examination of the ...
On Jan. 3, 2020, the California Consumer Privacy Act (CCPA) went into effect, ushering in the strongest consumer data protections in the U.S. With the General Data Protection Regulation (GDPR) ...
The European Union’s revised Payment Services Directive (PSD2) is tightening its grip on international finance as open banking initiatives continue to crop up in countries where the legislation
has already been ...
Application program interface (API) technology had a standout year in 2019 as a critical component to enabling the open banking business model, unlocking financial data from silos, as well as ...
Banks and FinTechs in the European Union have settled into a period of harmony with the revised Payment Services Directive (PSD2).
These financial institutions (FIs) have recognized how this regulation has ...
The Open Banking business model has derived mixed reactions from the financial services market, and without a regulatory mandate in the U.S., it’s not entirely clear how deeply the data ...
With regulations surrounding data ownership, privacy and open banking now in full swing in multiple markets around the globe, opening up account data is now a requirement for many financial ...
FinTech and automation technology have cast a shadow of anxiety on the accounting industry in recent years, as certified public accountants (CPAs) began to wonder whether their jobs would be ...
