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.

SWIFT Reveals New API Standard For Pre-Authorization Of Funds

SWIFT Reveals New API Standard For Pre-Authorization Of Funds
SWIFT Reveals New API Standard For Pre-Authorization Of Funds
September 05, 2019  |  Banking

A new API standard for the pre-authorization of funds is being rolled out by SWIFT, clearing a path for a revolution in financial services enabled...

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Deep Dive: How Open Banking Can Help Credit Unions Succeed
Deep Dive: How Open Banking Can Help Credit Unions Succeed
August 29, 2019  |  Credit Unions

 The market share of credit unions is only a fraction of their larger bank counterparts, but they tend to inspire a greater sense of loyalty...

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How Open Banking Can Benefit Credit Unions
How Open Banking Can Benefit Credit Unions
August 28, 2019  |  Credit Unions

While all financial institutions (FIs) operate on customer relationships, trust and loyalty can play a larger role for credit unions. According to PYMNTS’ Credit Union...

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Report: Data Key To Credit Union Member Retention
Report: Data Key To Credit Union Member Retention
August 27, 2019  |  Credit Unions

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Bottomline Doubles Down On Data Intelligence For FY 2020
Bottomline Doubles Down On Data Intelligence For FY 2020
August 09, 2019  |  Earnings

Commercial payments firm Bottomline Technologies is doubling-down on data intelligence after posting an 11 percent year-on-year increase in subscription and transaction revenues for the fourth...

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Taking On SMB Banking Friction Without Reinventing The Wheel
Taking On SMB Banking Friction Without Reinventing The Wheel
August 07, 2019  |  B2B Payments

The jury is still out on the future of opening banking in the U.S. Without a regulatory mandate, many in the financial services and FinTech...

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Bottomline Launches Open Banking API
Bottomline Launches Open Banking API
August 07, 2019  |  B2B Payments

Business payments technology firm Bottomline Technologies has rolled out a suite of services for banks to elevate their customer engagement with corporate services. Get the...

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Solving The Gig Economy’s T&E Puzzle
Solving The Gig Economy’s T&E Puzzle
August 01, 2019  |  Gig Economy

Last month, new data on the U.K.’s gig economy surfaced from the University of Hertfordshire, concluding that the number of gig workers in Britain has...

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