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.
No Easy Fix For Freelancers’ FinServ Needs — Even With PSD2
No Easy Fix For Freelancers’ FinServ Needs — Even With PSD2
December 13, 2017  |  B2B Payments

A few bank scandals and research highlighting smaller companies’ frustrations with traditional financial institutions (FIs) have ushered in a wave of challenger banks in the...

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TRENDING: IBM On The New Rules Of The ‘API Economy’
TRENDING: IBM On The New Rules Of The ‘API Economy’
December 13, 2017  |  API

The emergence of APIs is doing more than just changing the way banks and FinTechs operate. It’s forcing them to create new marketplaces and ecosystems...

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As UK Readies For Open Banking, FinTechs Struggle With SMB Awareness
As UK Readies For Open Banking, FinTechs Struggle With SMB Awareness
November 21, 2017  |  B2B Payments

U.K. financial institutions (FIs) have been advised to comply with the EU’s Revised Payment Service Directive (PSD2) regulations despite Brexit, but the U.K. has its...

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With PSD2 Weeks Away, Banks Realize Not All Their Problems Can Be Solved Via API
With PSD2 Weeks Away, Banks Realize Not All Their Problems Can Be Solved Via API
November 14, 2017  |  B2B Payments

With Europe just weeks away from PSD2 coming into effect, banks across the region are gearing up to get on-board with one of the regulation’s...

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O, Canada’s Open Banking Collaboration
O, Canada’s Open Banking Collaboration
October 09, 2017  |  API

Existential threat or opportunity?  Open banking need not be the great disintermediator of traditional banking, at least for Canada.  In the latest Topic TBD, Debbie...

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Open Banking, Open APIs, Wide Open Opportunities?
Open Banking, Open APIs, Wide Open Opportunities?
August 17, 2017  |  Banking

Europe has mandates in place for open API adoption (perhaps you’ve heard of PSD2)? Here in the States, the playing field is taking shape, but in...

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London Startup Tail Offers Users Cash Back On Purchases Through Open Banking
London Startup Tail Offers Users Cash Back On Purchases Through Open Banking
August 15, 2017  |  Startups

London-based Tail, a FinTech startup, offers its users heavy discounts at local places, linked to the card they pay with and delivered each week in...

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Open Banking Rolls Out Payments Initiation API
Open Banking Rolls Out Payments Initiation API
July 06, 2017  |  Payment Methods

Open Banking, the U.K. bank-funded entity  that was mandated by the Competition and Markets Authority to provide new ways for customers to share their financial...

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TrueLayer Raises $3M For Platform, Giving FinTech Companies Access To Banks APIs
TrueLayer Raises $3M For Platform, Giving FinTech Companies Access To Banks APIs
June 22, 2017  |  API

In venture capital news, London startup TrueLayer has raised $3 million in Series A funding so that it can enable FinTech companies to access bank...

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