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.

TRENDING: IBM’s Plan To Help Banks Embrace Open Banking

TRENDING: IBM’s Plan To Help Banks Embrace Open Banking
TRENDING: IBM’s Plan To Help Banks Embrace Open Banking
November 14, 2018  |  API

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Where Bank Account Data Alone Falls Short For SMB FinTech
Where Bank Account Data Alone Falls Short For SMB FinTech
November 13, 2018  |  B2B Payments

An application program interface (API) ecosystem is growing to transform the financial services (FinServ) sector, and small business (SMB) banking won’t be left out of...

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API Sandbox And Open Banking Collaboration Debut In UAE
API Sandbox And Open Banking Collaboration Debut In UAE
November 06, 2018  |  B2B Payments

Open banking and APIs make inroads into the United Arab Emirates, via sandbox. In Asia, FinTech and FI collaboration work via Temenos and SPD Bank...

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How Open Banking Will Test Banks’ Data Security Strategies
How Open Banking Will Test Banks’ Data Security Strategies
November 02, 2018  |  B2B Payments

Whether driven by regulation or market competition, the financial services sector in several jurisdictions is progressing toward open banking, interconnectivity and a freer flow of...

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Open Banking Connects iwoca To Lloyds Account Data
Open Banking Connects iwoca To Lloyds Account Data
November 01, 2018  |  B2B Payments

U.K.-based alternative small business lender iwoca is linking into data from Lloyd’s Bank accounts to streamline loan underwriting for joint customers. Get the Full Story...

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How PSD2 And Open Banking Impact Security
How PSD2 And Open Banking Impact Security
October 29, 2018  |  Security & Fraud

In the latest Digital Fraud Tracker Deep Dive, PYMNTS examines the authentication challenges posed by PSD2, GDPR and other data sharing initiatives.

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Treasurers Begin Exploring New Open Banking Opportunities (And Risks)
Treasurers Begin Exploring New Open Banking Opportunities (And Risks)
October 23, 2018  |  B2B Payments

Open Banking regulations have gotten FinTech innovators’ brains churning over how to take advantage of the troves of data that traditional banks have typically kept...

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It’s Trust Over Tech For SMBs Choosing A Bank
It’s Trust Over Tech For SMBs Choosing A Bank
October 22, 2018  |  B2B Payments

Despite the rise of FinTech firms and challenger banks hoping to offer small businesses (SMBs) a better banking experience, large traditional financial institutions (FIs) continue...

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SWIFT Exit For Iran As Sanctions Loom?
SWIFT Exit For Iran As Sanctions Loom?
October 18, 2018  |  B2B Payments

SWIFT controversy over the messaging system’s place on the world stage continues, and U.S. sanctions toward Iran loom. Elsewhere, digital payments are on the rise, and...

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