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.

They Said That: Notable Quotables From the Last Week of Summer 2024

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  |  Legal & 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  |  Legal & 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  |  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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UK’s Open Banking Milestone: What 10 Million Users Mean for UK’s Financial Services Future
UK’s Open Banking Milestone: What 10 Million Users Mean for UK’s Financial Services Future
July 29, 2024  |  Banking

While open banking starts to gain traction in the U.S., across the pond the banking and payments sector is celebrating milestones. Last week it celebrated...

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