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.

J.P. Morgan’s Dimon Says Banks Must ‘Fight Back’ Against Regulators
J.P. Morgan’s Dimon Says Banks Must ‘Fight Back’ Against Regulators
October 28, 2024  |  Bank Regulation

Jamie Dimon, CEO of J.P. Morgan Chase, the largest bank in the United States, said Monday (Oct. 28) that his colleagues should fight against overregulation....

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Synapse BaaS Platform Slated for Bankruptcy Sale
Synapse BaaS Platform Slated for Bankruptcy Sale
October 27, 2024  |  Connected Economy

 The assets of bankrupt Banking-as-a-Service (BaaS) provider Synapse are going up for sale next month. Get the Full Story Complete the form to unlock this...

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Banks’ Suit on CFPB Rule 1033 Predicts Private-Public Sector Clash on Open Banking
Banks’ Suit on CFPB Rule 1033 Predicts Private-Public Sector Clash on Open Banking
October 25, 2024  |  Regulation

The Consumer Financial Protection Bureau released its final rule on data-sharing Tuesday (Oct. 22). Get the Full Story Complete the form to unlock this article...

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Embedded Finance Finds New Use Cases From Gig Economy to Nonprofits
Embedded Finance Finds New Use Cases From Gig Economy to Nonprofits
October 25, 2024  |  Payments Innovation

As we head into the fourth quarter of arguably the most innovative year in payments since the pandemic, the liberation of capital is emerging as...

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How Open Banking is Enabling Better Embedded Finance Customer Experiences
How Open Banking is Enabling Better Embedded Finance Customer Experiences
October 24, 2024  |  Financial Inclusion

As one of the hottest trends in payments, embedded finance has emerged as a compelling credit proposition for consumers and businesses. Get the Full Story...

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BaaS Faces Regulatory Reckoning: OCC and FDIC Actions Underscore Growing Scrutiny
BaaS Faces Regulatory Reckoning: OCC and FDIC Actions Underscore Growing Scrutiny
October 23, 2024  |  Digital Banking

Banking-as-a-service (BaaS), as a business model, promises to reshape financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Dwolla Expands Partnership With Plaid to Streamline Pay by Bank
Dwolla Expands Partnership With Plaid to Streamline Pay by Bank
October 23, 2024  |  Partnerships

Pay-by-bank solution provider Dwolla is expanding its partnership with data network Plaid. Get the Full Story Complete the form to unlock this article and enjoy...

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Keeping the Sale: The Power of Seamless Payment Choices at Checkout
Keeping the Sale: The Power of Seamless Payment Choices at Checkout
October 23, 2024  |  Faster Payments

The last thing that a merchant wants is to see a consumer or business customer go through the process of identifying the product or service...

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Banking Trade Associations Sue CFPB to Block Data Sharing Rule
Banking Trade Associations Sue CFPB to Block Data Sharing Rule
October 22, 2024  |  CFPB

The Bank Policy Institute and the Kentucky Bankers Association filed a lawsuit Tuesday (Oct. 22) challenging the Consumer Financial Protection Bureau’s (CFPB) final rule on...

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