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.

Consumers View Embedded Lending as Option to Pay Everyday Essential Expenses
Consumers View Embedded Lending as Option to Pay Everyday Essential Expenses
May 07, 2024  |  Alternative Credit

Embedded lending may gain new consideration at the point of sale as cash-strapped consumers grapple with the pain of emergency expenses. Get the Full Story...

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CFPB Rule 1033 Will Hasten Shift to Open Banking in US
CFPB Rule 1033 Will Hasten Shift to Open Banking in US
May 07, 2024  |  Payments Innovation

Back in October, the Consumer Financial Protection Bureau (CFPB) made public a new rule about data and data sharing. And it wasted no time signaling the intent behind it....

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Banking Regulators’ Guide to Third-Party Risk Management Spotlights Community Banks’ Vulnerabilities
Banking Regulators’ Guide to Third-Party Risk Management Spotlights Community Banks’ Vulnerabilities
May 06, 2024  |  Bank Regulation

The rise of open banking and FinTechs is changing the fabric of financial services. Get the Full Story Complete the form to unlock this article...

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Can Open Banking Increase Consumer Trust in New Payments Tech?
Can Open Banking Increase Consumer Trust in New Payments Tech?
May 03, 2024  |  Opinion

Open banking is empowering consumers and the businesses they work with to adapt amid uncertainties, Trustly founder and CEO Alex Gonthier writes in the new...

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Banks Leverage FinTech Partnerships to Ride Digital Transformation Wave
Banks Leverage FinTech Partnerships to Ride Digital Transformation Wave
April 19, 2024  |  Banking

The digital transformation of banking continues to reshape how financial institutions (FIs) are meeting the evolving expectations of consumers. And central to this evolution are...

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FI Execs Curb Their Enthusiasm for Open Banking
FI Execs Curb Their Enthusiasm for Open Banking
April 11, 2024  |  Security & Fraud

Open banking, the legal framework permitting secure data sharing amongst financial institutions (FIs) and third-party FinTechs to enhance the products and services they offer consumers,...

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Trustly and Light & Wonder Team on Cashless Casino Deposits
Trustly and Light & Wonder Team on Cashless Casino Deposits
April 10, 2024  |  Partnerships

Trustly launched a payments partnership with games company Light & Wonder. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Investment Apps Tap Open Banking to Help Consumers Cut Costs, Maximize Returns
Investment Apps Tap Open Banking to Help Consumers Cut Costs, Maximize Returns
April 04, 2024  |  Banking

Traditional wealth management services often involve face-to-face interactions with financial advisors, extensive paperwork and opaque fee structures, making the process daunting for many potential investors....

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ClearBank Considers US Expansion After Hitting Profitability
ClearBank Considers US Expansion After Hitting Profitability
April 04, 2024  |  Banking

Embedded banking firm ClearBank is reportedly planning to expand into Europe and the U.S. Get the Full Story Complete the form to unlock this article...

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