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.

Card Networks Challenge FinTechs for Account-to-Account Payments Share
Card Networks Challenge FinTechs for Account-to-Account Payments Share
December 16, 2024  |  Payments Innovation

Earlier this year, PYMNTS Intelligence found that more than half of consumers were not aware of pay-by-bank options, or were hesitant to use them. Get...

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Mastercard Launches Open Banking Partnership With Unzer
Mastercard Launches Open Banking Partnership With Unzer
November 25, 2024  |  Partnerships

Payment/software solutions provider Unzer has formed an open banking-focused collaboration with Mastercard. Get the Full Story Complete the form to unlock this article and enjoy...

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ValidiFI and PDI Team to Streamline Pay-by-Bank Enrollment
ValidiFI and PDI Team to Streamline Pay-by-Bank Enrollment
November 20, 2024  |  Digital Payments

Payment intelligence provider ValidiFI has teamed with fuel/convenience retail tech company PDI Technologies. Get the Full Story Complete the form to unlock this article and...

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Banks Target Account Opening Tech to Avoid Deposit Drift’s ‘Death by 1,000 Cuts’
Banks Target Account Opening Tech to Avoid Deposit Drift’s ‘Death by 1,000 Cuts’
November 13, 2024  |  Digital Banking

The average consumer has 5.3 bank accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Clearing Up Pay-by-Bank Confusion Requires Education and Incentives
Clearing Up Pay-by-Bank Confusion Requires Education and Incentives
November 08, 2024  |  Payment Methods

Last week, Nacha said its Payments Innovation Alliance formed a new project team seeking to answer the question, “What is pay by bank?” Get the...

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Equifax UK Debuts Tariff Connect for Utility and Telecom Providers
Equifax UK Debuts Tariff Connect for Utility and Telecom Providers
November 07, 2024  |  Digital Onboarding

Equifax UK has introduced a customer onboarding solution for utility and telecom firms. Get the Full Story Complete the form to unlock this article and...

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What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
November 06, 2024  |  Regulation

As Donald Trump retakes the reins of power, the uncertainty over who occupies the White House is over. Get the Full Story Complete the form...

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Rule 1033 Explained: How the CFPB’s Data Sharing Standards Could Reshape Banking
Rule 1033 Explained: How the CFPB’s Data Sharing Standards Could Reshape Banking
November 05, 2024  |  Regulation

The Consumer Financial Protection Bureau’s finalized rule on data sharing has its share of supporters and detractors. Get the Full Story Complete the form to...

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AWS and Plaid Advance the Business Case for Open Banking and Pay by Bank
AWS and Plaid Advance the Business Case for Open Banking and Pay by Bank
October 29, 2024  |  Payments Innovation

It’s still premature to say that open banking and pay by bank have truly arrived in the U.S. However, with the Consumer Financial Protection Bureau...

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