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.
Closing The Books Is Now A Lesson In Corporate FinTech Innovation
Closing The Books Is Now A Lesson In Corporate FinTech Innovation
January 26, 2018  |  B2B Payments

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased...

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UK Federation Of Small Businesses Says AltFin Is Just Heating Up
UK Federation Of Small Businesses Says AltFin Is Just Heating Up
January 25, 2018  |  Alternative Finances

Small businesses face a mountain of financial challenges in the U.K., from late payments from their large corporate clients to a lack of access to...

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UK Banks Drag Feet On FinTech Data Sharing
UK Banks Drag Feet On FinTech Data Sharing
January 24, 2018  |  Bank Regulation

The U.K.’s new Open Banking rules, which enable FinTechs to branch into the mainstream banking industry, are being held up as big banks delay making...

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Across The Crypto Legal Bow, Lawsuits
Across The Crypto Legal Bow, Lawsuits
January 22, 2018  |  Regulation Roundup

And now begin the lawsuits. The regulators have been looking at cryptocurrency operators – and in the United States, at least, are firing shots across...

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How Data Builds A Foundation For Commercial Bank/FinTech Collaboration
How Data Builds A Foundation For Commercial Bank/FinTech Collaboration
January 17, 2018  |  B2B Payments

The corporate expense management market doesn’t look like it once did. The traditional strategy of handing an employee a corporate card, hoping they make responsible...

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The Data Behind B2B Payments’ API Excitement
The Data Behind B2B Payments’ API Excitement
January 15, 2018  |  B2B Payments

From market pressures in the U.S. that have encouraged data sharing between banks and FinTechs to regulations in the U.K. and EU like Open Banking...

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PSD2 Takes Center Stage And Open Banking Era Opens
PSD2 Takes Center Stage And Open Banking Era Opens
January 15, 2018  |  Regulation Roundup

And so, it’s finally here. If a monolith must move, can it dance? The monolith is the U.K.’s banking system. The “finally here” is the...

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UK FCA Braces For ‘Slow Burn’ Of PSD2
UK FCA Braces For ‘Slow Burn’ Of PSD2
January 12, 2018  |  B2B Payments

As the European Union (EU) moves forward with new regulations that have broad implications for the payments sector, regulators in the region say the market...

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Paper Checks Continue To Steal The B2B Payments Spotlight
Paper Checks Continue To Steal The B2B Payments Spotlight
December 29, 2017  |  B2B Payments

2017 may go down in B2B payments history as the year the space finally saw a bump in attention from innovators. Amid the excitement over...

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