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.

Capturing the US Family Dynamic Will Power Open Banking’s Future
Capturing the US Family Dynamic Will Power Open Banking’s Future
June 21, 2024  |  Banking

Without education, awareness, or utility, any innovation will find it hard to scale. Get the Full Story Complete the form to unlock this article and...

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Trustly Inc. CEO Says Pay by Bank Is the Next-Gen ACH
Trustly Inc. CEO Says Pay by Bank Is the Next-Gen ACH
June 13, 2024  |  Payments Innovation

It’s said that imitation is the sincerest form of flattery. If that’s the case, payments industry veteran and Trustly Inc. CEO Alex Gonthier should feel...

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At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’
At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’
June 12, 2024  |  CFPB

Consumer Financial Protection Bureau Director Rohit Chopra took note during his Wednesday appearance before the Senate Banking Committee that companies including PayPal and JPMorgan are...

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Are Fireworks Ahead as CFPB Director Testifies on Capitol Hill?
Are Fireworks Ahead as CFPB Director Testifies on Capitol Hill?
June 10, 2024  |  CFPB

Consumer Financial Protection Bureau Director Rohit Chopra is set to testify on Capitol Hill this week. Get the Full Story Complete the form to unlock...

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5 Things to Watch as Open Banking Gains Ground in the US
5 Things to Watch as Open Banking Gains Ground in the US
June 06, 2024  |  Regulation

Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. Get the Full Story Complete...

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Mastercard to Add Open Banking-Powered Solutions for Accounts
Mastercard to Add Open Banking-Powered Solutions for Accounts
June 06, 2024  |  Mastercard

Mastercard will add new open banking-powered solutions that make it easier for consumers to automatically switch their direct deposits and update their recurring bill payments....

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CFPB to Consult Consumers and Small Businesses on Open Banking Standards
CFPB to Consult Consumers and Small Businesses on Open Banking Standards
June 05, 2024  |  Bank Regulation

In the move to solidify the framework for open banking, the field for just who will help set the standards is wide open. Get the...

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CFPB Aims to to Speed Shift to Open Banking in the U.S.
CFPB Aims to to Speed Shift to Open Banking in the U.S.
June 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken another step in its push to accelerate open banking. Get the Full Story Complete the form to...

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Trustly CEO: IPO Is Still 1 to 2 Years Away Despite Profit Jump
Trustly CEO: IPO Is Still 1 to 2 Years Away Despite Profit Jump
May 30, 2024  |  Digital Payments

The CEO of Swedish FinTech Trustly says going public is not yet on the company’s radar. Get the Full Story Complete the form to unlock this article...

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