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.

Why Corporate Banks’ Should Seize Purchase-To-Pay Data Opportunity

Why Corporate Banks’ Should Seize Purchase-To-Pay Data Opportunity
Why Corporate Banks’ Should Seize Purchase-To-Pay Data Opportunity
January 29, 2020  |  B2B Payments

Despite its rising popularity, open banking and data sharing frameworks were not necessarily opportunities toward which banks initially jumped. Get the Full Story Complete the...

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How Faster Payments Can Show Future Of SMB Cash Flow
How Faster Payments Can Show Future Of SMB Cash Flow
January 28, 2020  |  B2B Payments

Advances in data integration and automation have taken small- to medium-sized business (SMB) accounting to the next level. Get the Full Story Complete the form...

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India Set To Pass Payments Data Protection Law
India Set To Pass Payments Data Protection Law
January 22, 2020  |  Cross-border Payments

Will India prove to be a model for open banking? Will it be a fast follower – or a cautionary tale? Get the Full Story...

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Bank-FinTech Tie-Ups Continue Despite SMB Skepticism
Bank-FinTech Tie-Ups Continue Despite SMB Skepticism
January 21, 2020  |  B2B Payments

While Open Banking initiatives and data integrations between banks and FinTech firms have begun to target corporate and small business (SMB) end users, new research...

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Top News In Payments: UK Regulators’ Data Violation Fines Top $126M; Google CEO Calls For AI Governance
Top News In Payments: UK Regulators’ Data Violation Fines Top $126M; Google CEO Calls For...
January 20, 2020  |  News

In today’s top payments news, U.K. regulators have levied $126 million in fines for data violations since mid-2018, Google CEO Sundar Pichai calls for international...

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Swedish Open Banking Startup Tink Closes €90M Funding Deal
Swedish Open Banking Startup Tink Closes €90M Funding Deal
January 20, 2020  |  Fintech Investments

Sweden’s open banking platform Tink raised €90 million in an investment round co-led by Dawn Capital, HMI Capital and Insight Partners, Tink announced on Monday...

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B2B APIs Bring Access And Speed To Finance
B2B APIs Bring Access And Speed To Finance
January 16, 2020  |  API

Open banking and its promise of more elasticity in finance is enabled by application program interfaces (APIs) — lines of code that execute everything from...

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Why Banks Must Upgrade Their API Strategies For SMBs
Why Banks Must Upgrade Their API Strategies For SMBs
January 16, 2020  |  API

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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