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.

Open Banking Expands Its Horizons For Small Business Finserv

Open Banking Expands Its Horizons For Small Business Finserv
Open Banking Expands Its Horizons For Small Business Finserv
October 21, 2019  |  B2B Payments

The evolution of financial services has opened the door for open banking to take place. Get the Full Story Complete the form to unlock this...

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What Faster Payments Means For SMBs’ Multi-Bank Relationships
What Faster Payments Means For SMBs’ Multi-Bank Relationships
October 17, 2019  |  B2B Payments

Without regulatory mandates, the Open Banking wave is crashing on the shores of the U.S. financial services (FinServ) sector. Get the Full Story Complete the...

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Codat Pulls SMB Accounting Into The Open Banking Fold
Codat Pulls SMB Accounting Into The Open Banking Fold
October 16, 2019  |  B2B Payments

Small business (SMB) accounting FinTech Codat is teaming up with five°degrees to join its Open Banking partnership, according to Verdict on Tuesday (Oct. 15). Get...

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Paysend Wields Open Banking For Business Account Services
Paysend Wields Open Banking For Business Account Services
October 10, 2019  |  B2B Payments

U.K. FinTech Paysend is launching a new service for corporates to access integrated banking and payment services, the result of a collaboration with open banking...

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Trending: How EU Regulators Are Complicating SCA Compliance
Trending: How EU Regulators Are Complicating SCA Compliance
October 07, 2019  |  Legal & Regulation

Strong Customer Authentication (SCA) is just weeks-old and already mired in controversy. Merchants in the European Union (EU) are still wondering exactly what changes the...

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How Small FIs’ SMB Lending Journeys Nudge The US Toward Open Banking
How Small FIs’ SMB Lending Journeys Nudge The US Toward Open Banking
October 04, 2019  |  B2B Payments

To service Main Street businesses, it’s an obvious advantage for a financial institution to actually be on Main Street. For community banks and credit unions,...

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Trade Finance Gets Boost Via Banks, APIs
Trade Finance Gets Boost Via Banks, APIs
October 03, 2019  |  B2B Payments

HSBC debuts a new API geared toward trade finance. Separately, cross-border payments embrace business payments using XRP. In Russia, eight banks sign on to the Russian...

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