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.

SMBs Remain Hot Spot For Open Banking Business Models

SMBs Remain Hot Spot For Open Banking Business Models
SMBs Remain Hot Spot For Open Banking Business Models
December 11, 2019  |  B2B Payments

As the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new use cases for...

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Token’s M10 Networks Launches ‘Bank-Grade’ Digital Money Rail
Token’s M10 Networks Launches ‘Bank-Grade’ Digital Money Rail
December 10, 2019  |  Digital Banking

Open banking platform provider Token.io has announced the launch of affiliate company M10 Networks, which will focus on developing solutions for digital currency, Token said...

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Envestnet | Yodlee CEO: Helping FIs Prep For ‘Next-Gen’ Data Aggregation
Envestnet | Yodlee CEO: Helping FIs Prep For ‘Next-Gen’ Data Aggregation
December 06, 2019  |  Data

The past few years have seen contentious relationships between financial institutions (FIs) — particularly larger ones — and data aggregators. At a high level, FIs...

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Large Corporates Find Value In Bank-FinTech Connectivity Too
Large Corporates Find Value In Bank-FinTech Connectivity Too
November 27, 2019  |  B2B Payments

Small businesses are a growing target for bank-FinTech collaborations and data integration initiatives as financial service providers explore new use cases for open banking. Get...

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TCH Gives Banks An Open Banking Template
TCH Gives Banks An Open Banking Template
November 15, 2019  |  Data

FinTech firms need access to the data housed within traditional FIs. To get there, and to end the screen scraping (beloved by no one), The...

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Beyond The US, Open Banking Goes Beyond The Consumer
Beyond The US, Open Banking Goes Beyond The Consumer
November 13, 2019  |  B2B Payments

There may not be an Open Banking mandate in the U.S., but that doesn’t mean the payments and financial services market isn’t embracing data sharing...

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SCA Awareness Issues Persist Among EU Merchants, Consumers
SCA Awareness Issues Persist Among EU Merchants, Consumers
November 07, 2019  |  Regulation

Earlier studies found a surprising lack of both consumer and merchant awareness about the European Union’s Strong Customer Authentication (SCA) and second Payment Services Directive...

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FinTech Firms Take The Reins In Open Banking For SMBs
FinTech Firms Take The Reins In Open Banking For SMBs
November 06, 2019  |  B2B Payments

Open Banking continues to explore new B2B use cases. This week, FinTech firms took the reins as they introduced application programming interface (API)-powered solutions for...

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How Open Banking Drives Real-Time Payments Traction
How Open Banking Drives Real-Time Payments Traction
November 04, 2019  |  B2B Payments

Competitive forces in the payments and financial services sector have driven two key trends in the U.S.: the acceleration of payments, and the adoption of...

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