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.

Why ING Is Taking A Platform Approach To PSD2 And Open Banking

Why ING Is Taking A Platform Approach To PSD2 And Open Banking
Why ING Is Taking A Platform Approach To PSD2 And Open Banking
July 18, 2019  |  Legal & Regulation

As the second Payment Services Directive (PSD2) brings more third parties into the European financial world, banks are seeing a shift in their relationships with...

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After B2B Payments Embrace The Cloud: What’s Next?
After B2B Payments Embrace The Cloud: What’s Next?
July 16, 2019  |  B2B Payments

When consumers use mobile apps like Uber or iTunes, the expectation that payments occur in a seamless, integrated way represents a broader paradigm shift in...

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How PSD2 Is Changing ING Bank’s API Strategy
How PSD2 Is Changing ING Bank’s API Strategy
July 16, 2019  |  Legal & Regulation

Banks and merchants are racing to meet the Strong Customer Authentication (SCA) deadline as September 2019 approaches. Get the Full Story Complete the form to...

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Canada’s Path Toward B2B Payables Modernization
Canada’s Path Toward B2B Payables Modernization
July 10, 2019  |  B2B Payments

Canada is embracing the payments modernization journey, with organizations like Payments Canada driving adoption of faster, more agile payment functionality in the country. Some of...

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The Intersection Of FX Management And Open Banking
The Intersection Of FX Management And Open Banking
July 09, 2019  |  B2B Payments

Corporate cash inflows and outflows present ample opportunity for friction and disruption — and, as a result, ample opportunity for innovation. As evolutionary forces in...

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The FinTech Friction (And Opportunity) In Global Trade
The FinTech Friction (And Opportunity) In Global Trade
July 05, 2019  |  B2B Payments

Although business lending requires the aggregation of data from a multitude of sources, there is typically only one financial institution managing the process. Trade finance...

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What SCA Means For Europe And Beyond
What SCA Means For Europe And Beyond
June 26, 2019  |  Legal & Regulation

With the Strong Customer Authentication (SCA) deadline looming in September, the mandate by the European Banking Authority requiring “strong customer authentication” for all electronic payments...

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How Banks Can Compete With FinTechs Under PSD2
How Banks Can Compete With FinTechs Under PSD2
June 25, 2019  |  Legal & Regulation

With Open Banking expanding across the EU, legacy FIs are increasingly at risk of losing customers to FinTech firms that now have access to previously...

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