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.

Ingo Payments Acquires Deposits Inc. to Redefine Money Mobility for Banks and Corporates
Ingo Payments Acquires Deposits Inc. to Redefine Money Mobility for Banks and Corporates
September 04, 2024  |  Digital Payments

There’s moving money and then there’s money mobility. One represents the current state of how money moves in and out of accounts. The latter is...

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Tarabut Acquires Vyne as New Open Banking Rules Come Online
Tarabut Acquires Vyne as New Open Banking Rules Come Online
September 03, 2024  |  Acquisitions

Open banking platform Tarabut has acquired British account-to-account (A2A) business payments platform Vyne. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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They Said That: Notable Quotables From the Last Week of Summer 2024
They Said That: Notable Quotables From the Last Week of Summer 2024
September 02, 2024  |  News

Cue the Beach Boys and Jimmy Buffett. It’s the last week of summer, and while a lot of the banking and payments world was on...

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Trustly CRO Says Pay-by-Bank Solutions Benefit From Regulation and Shifting Consumer Preferences
Trustly CRO Says Pay-by-Bank Solutions Benefit From Regulation and Shifting Consumer Preferences
August 29, 2024  |  Payments Innovation

Within an open banking environment, advances like pay by bank are transforming money movement. Get the Full Story Complete the form to unlock this article...

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Thredd SVP Says FinTechs Need a Gut Check as They Safeguard Money Movement  
Thredd SVP Says FinTechs Need a Gut Check as They Safeguard Money Movement  
August 20, 2024  |  Regulation

As the regulatory gaze sharpens on FinTechs, the companies themselves are mindful that they need new tools and a new approach to operations, in order...

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PSR Explores Expanding Variable Recurring Payments in UK
PSR Explores Expanding Variable Recurring Payments in UK
August 15, 2024  |  Regulation

Great Britain’s payments regulator has taken another step in its variable recurring payments (VRP) project. Get the Full Story Complete the form to unlock this...

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Mastercard Debuts Enhancements to Open Banking Program
Mastercard Debuts Enhancements to Open Banking Program
August 13, 2024  |  Mastercard

Mastercard is upgrading its open banking for lending program, powered by employment/income verifier Argyle. Get the Full Story Complete the form to unlock this article...

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Trustly UK Transaction Value Hits $16 Billion for H1 2024
Trustly UK Transaction Value Hits $16 Billion for H1 2024
August 13, 2024  |  Digital Payments

Open banking payments firm Trustly says it has seen a surge in transaction value. Get the Full Story Complete the form to unlock this article and enjoy...

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46% of US Consumers Say They’re Ready for Open Banking
46% of US Consumers Say They’re Ready for Open Banking
July 30, 2024  |  Digital-First Banking

As younger and affluent consumers drive the trend, open banking payments stand on the verge of widespread acceptance. This payment method, which allows users to...

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