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.

Young Canadians Want Simple, Convenient Payments
Young Canadians Want Simple, Convenient Payments
May 13, 2019  |  International

A new study by Payments Canada shows that while Canadians are slowly moving away from cash, they still want options, especially the younger generation. Get...

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In B2B, P2P, Banking And Beyond: APIs Are Coming
In B2B, P2P, Banking And Beyond: APIs Are Coming
April 16, 2019  |  API

Being open about Open Banking means adopting technological change, even though there’s no requirement to do so. As Red Hat’s Justin Goldsmith, senior consulting architect,...

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How APIs Help Banks Step Back From Siloed Business Banking
How APIs Help Banks Step Back From Siloed Business Banking
April 11, 2019  |  B2B Payments

The U.K.’s Open Banking market initiative is seeping into the U.S., and into the business banking segment, as financial institutions (FIs) explore ways to improve...

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How Open APIs Help Payors, Payees Get Down To Business
How Open APIs Help Payors, Payees Get Down To Business
April 08, 2019  |  API

Open banking is here. Open API platforms take the heavy lifting off enterprises’ shoulders as firms spanning retail, health care and real estate seek to...

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ACI Worldwide Exec Warns APIs, ISO 20022 ‘Completely Incompatible’
ACI Worldwide Exec Warns APIs, ISO 20022 ‘Completely Incompatible’
April 05, 2019  |  B2B Payments

Payments messaging firm SWIFT announced Thursday (April 4) the establishment of an ISO 20022 working group to promote adoption of the payments messaging standard. But...

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PSD2’s Elephant In The Room
PSD2’s Elephant In The Room
April 02, 2019  |  Bank Regulation

Open banking is here, but baby steps abound as financial firms grapple with PSD2’s fragmented landscape.  Token.io CEO Steve Kirsch tells PYMNTS that giving users...

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