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.

RBC Takes An Intelligence-Driven Approach To Bank Security

RBC Takes An Intelligence-Driven Approach To Bank Security
RBC Takes An Intelligence-Driven Approach To Bank Security
September 13, 2018  |  Security & Fraud

Bank branch visits are expected to decline 36 percent by 2023, as consumers embrace speedier banking on-the-go. But catering to demand for convenience is also...

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NEW REPORT: Is Security Holding Omnichannel Banking Back?
NEW REPORT: Is Security Holding Omnichannel Banking Back?
September 12, 2018  |  Security & Fraud

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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Xero Braces For Bank Integrations With New API
Xero Braces For Bank Integrations With New API
September 07, 2018  |  B2B Payments

Small business accounting software provider Xero is bracing for a slew of bank and FinTech integrations with the launch of its Open Banking API, according...

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Open Banking Gains More Investment And Government Attention
Open Banking Gains More Investment And Government Attention
August 21, 2018  |  Bank Regulation

The open banking wave is starting to spread. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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RBS Flunks Small Businesses’ Test In New UK Report
RBS Flunks Small Businesses’ Test In New UK Report
August 16, 2018  |  B2B Payments

The U.K. Competition and Markets Authority (CMA) has released its biannual report on the best and worst financial institutions for small businesses, naming Handelsbanken in...

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Facebook’s Bank Data Request May Affect Small Businesses, Too
Facebook’s Bank Data Request May Affect Small Businesses, Too
August 16, 2018  |  B2B Payments

A controversial initiative by Facebook to seek financial information on users from their banks should be closely watched by small business owners, according to reports...

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Entrepreneurs Becoming A Driving Force Behind Data Sharing In The US
Entrepreneurs Becoming A Driving Force Behind Data Sharing In The US
July 27, 2018  |  B2B Payments

Europe and the U.K. solidified their reputations as having progressive views on data security and ownership with the PSD2 and GDPR regulations that came into effect...

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Unbundled Banking Faces New Skepticism — And Fresh Prospects
Unbundled Banking Faces New Skepticism — And Fresh Prospects
July 12, 2018  |  Banking

Inevitable? Maybe (even if one’s view of inevitability may depend on one’s views of science and history). Well-financed and backed by significant IT focus? Yep....

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