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.

84% of Bank Account-to-Account Users Satisfied With Platforms’ Speed and Use

84% of Bank Account-to-Account Users Satisfied With Platforms’ Speed and Use
84% of Bank Account-to-Account Users Satisfied With Platforms’ Speed and Use
September 17, 2024  |  Banking

As open banking begins to reshape the financial landscape, the promise of enhanced consumer experiences and innovative services looms large. But a PYMNTS Intelligence report,...

READ MORE >
57% of Americans Trust Financial Institutions to Protect Their Data
57% of Americans Trust Financial Institutions to Protect Their Data
September 12, 2024  |  Banking

Open banking, which allows third-party providers to access banking data through secure application programming interfaces (APIs), has gained momentum globally as a means to enhance...

READ MORE >
UK Banks Complete ‘Roadmap for Open Banking’
UK Banks Complete ‘Roadmap for Open Banking’
September 09, 2024  |  Banking

British banking providers have completed their Roadmap for Open Banking. That’s according to an announcement Monday (Sept. 9) from Open Banking Limited (OBL), which had gotten confirmation...

READ MORE >
Trustly and Newline Partner to Facilitate Money Movement in US
Trustly and Newline Partner to Facilitate Money Movement in US
September 05, 2024  |  Partnerships

Trustly and Newline by Fifth Third have teamed up to facilitate money movement in the United States. This collaboration brings together Trustly’s open banking payments...

READ MORE >
Nova and Akoya Target Credit Decisioning Amid Open Banking’s Rise
Nova and Akoya Target Credit Decisioning Amid Open Banking’s Rise
September 04, 2024  |  Partnerships

Nova Credit has launched a partnership with data access network Akoya. The collaboration, announced Wednesday (Sept. 4), is designed to help lenders employ cash flow...

READ MORE >
PortX Launches FinTech Hub on AppMarket From Fiserv
PortX Launches FinTech Hub on AppMarket From Fiserv
September 04, 2024  |  Banking

Financial infrastructure and integration technology company PortX is launching Fintech Hub on AppMarket from Fiserv. PortX, which offers integration-platform-as-a-service (IPaaS) to financial institutions, said in a...

READ MORE >
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...

READ MORE >
Tarabut Acquires Vyne as New Open Banking Rules Come Online
Tarabut Acquires Vyne as New Open Banking Rules Come Online
September 03, 2024  |  Partnerships

Open banking platform Tarabut has acquired British account-to-account (A2A) business payments platform Vyne. The deal, announced Tuesday (Sept. 3), is designed to strengthen Tarabut’s ability to offer faster and more...

READ MORE >