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.

Oracle Launches New Banking APIs For Faster Services

Oracle Launches New Banking APIs For Faster Services
Oracle Launches New Banking APIs For Faster Services
April 11, 2018  |  API

Oracle Financial Services has announced the launch of its new Oracle Banking APIs, offering more than 1,500 ready, functional APIs for payments, retail and corporate...

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Bank Of England To Issue More Cybersecurity Guidelines For UK Banks
Bank Of England To Issue More Cybersecurity Guidelines For UK Banks
April 10, 2018  |  Bank Regulation

A Bank of England official warned on Monday (April 9) that the U.K.’s financial system is under cyberattack almost constantly, prompting regulators to soon roll out new...

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EU And Tech Firm Taxes Dominate Regulatory Landscape
EU And Tech Firm Taxes Dominate Regulatory Landscape
March 19, 2018  |  News

Tax season, indeed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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ASEAN Banks Eager For Real-Time Payments
ASEAN Banks Eager For Real-Time Payments
March 14, 2018  |  B2B Payments

Banks across the Association of Southeast Asian Nations (ASEAN) region expect real-time payments to come with some major benefits to their businesses, according to new...

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Fizzle Of The Week: Bitcoin — The Bad Neighbor
Fizzle Of The Week: Bitcoin — The Bad Neighbor
March 02, 2018  |  Exclusive Series

Bitcoin mining, like its real-world counterpart, uses a lot of power. Exactly how much constitutes “a lot” is a bit of a debate. The most...

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TransNational Rolls Out Payments API With AI-Powered Security
TransNational Rolls Out Payments API With AI-Powered Security
March 02, 2018  |  B2B Payments

TransNational Payments is launching a payments application programming interface (API) for developers, the company announced on Thursday (March 1). Get the Full Story Complete the...

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Could India’s FinServ Market Be Primed For Open Banking?
Could India’s FinServ Market Be Primed For Open Banking?
March 01, 2018  |  B2B Payments

PSD2 opened the floodgates for open banking across Europe and the U.K. While the U.S. hasn’t had such regulatory pressure, signs that banks are opening...

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Lack Of Customer Trust May Thwart Open Banking’s $1.4B GDP Bump
Lack Of Customer Trust May Thwart Open Banking’s $1.4B GDP Bump
February 27, 2018  |  B2B Payments

The U.K.’s gross domestic product (GDP) is headed for a significant boost thanks to recent Open Banking legislation, according to analysis from the Centre for...

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