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.
GoCardless Teams With Commusoft as Businesses Embrace Faster Payments
GoCardless Teams With Commusoft as Businesses Embrace Faster Payments
August 30, 2023  |  Partnerships

Bank payment company GoCardless has formed an open banking partnership with Commusoft. The collaboration offers GoCardless customers “cost-effective payments” via Commusoft, which provides software for trade companies, according to a...

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TreasurUp and Salt Edge Partner to Provide Open Banking Services
TreasurUp and Salt Edge Partner to Provide Open Banking Services
August 24, 2023  |  Partnerships

TreasurUp and Salt Edge have partnered to provide financial institutions in the United Kingdom and the European Union (EU) with account aggregation and open banking compliance services. TreasurUp’s...

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Station Casinos Teams With Trustly for Open Banking Payments
Station Casinos Teams With Trustly for Open Banking Payments
August 23, 2023  |  Loyalty & Rewards

Trustly says it has been named payments provider for Station Casinos’ NFT loyalty marketplace. The open banking payments company announced the partnership Wednesday (Aug. 23), saying it aimed...

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Coinbase Taps Trustly for Open Banking Payments in Canada
Coinbase Taps Trustly for Open Banking Payments in Canada
August 16, 2023  |  Cryptocurrency

Coinbase has teamed with open banking provider Trustly as it expands into Canada. The partnership, announced Wednesday (Aug. 16), lets Coinbase users in Canada deposit...

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As CFPB Rulemaking Proceeds, Trustly Regulatory Chief Says Open Banking Primed to ‘Empower’ Consumers
As CFPB Rulemaking Proceeds, Trustly Regulatory Chief Says Open Banking Primed to ‘Empower’ Consumers
August 10, 2023  |  Banking

As the financial industry awaits the release of the Consumer Financial Protection Bureau’s (CFPB) proposed rules governing data sharing, businesses of all sizes are preparing for...

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SEPAexpress and Tink Collaborate on B2B Payment Solutions
SEPAexpress and Tink Collaborate on B2B Payment Solutions
July 27, 2023  |  Partnerships

German-based B2B payment solution provider SEPAexpress has partnered with Tink to provide its clients with enhanced payment solutions. By leveraging Tink’s extensive European coverage for open banking services, SEPAexpress...

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TrueLayer Introduces Payment Links to Facilitate Omnichannel Purchases
TrueLayer Introduces Payment Links to Facilitate Omnichannel Purchases
July 25, 2023  |  Payment Methods

TrueLayer has introduced payment links to make getting paid easier and more convenient. Payment links are URLs, buttons or QR codes that enable businesses to accept...

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Open Banking Can Help Banks Beat Fraudsters, GIACT Says
Open Banking Can Help Banks Beat Fraudsters, GIACT Says
July 19, 2023  |  Digital Identity

Caitlin Sinclair, director of proposition development, financial crime at GIACT, an LSEG business, recently told PYMNTS that open banking can — and will — give rise...

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An Online Payments Pioneer on What It Will Take to Scale Pay by Bank in the US
An Online Payments Pioneer on What It Will Take to Scale Pay by Bank in...
July 14, 2023  |  Payments Innovation

Disruptive innovations don’t just change the game; they often level the playing field. But transformative phase shifts only enjoy a real, scalable flywheel when they...

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