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.

OpenPayd, TrueLayer Offer Instant Account-to-Account Payments
OpenPayd, TrueLayer Offer Instant Account-to-Account Payments
February 20, 2024  |  Real-Time Payments

OpenPayd has partnered with TrueLayer to enhance the instant payment solutions it offers its clients. Get the Full Story Complete the form to unlock this article and enjoy...

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FIS and Banked Team to Widen Pay-by-Bank Usage
FIS and Banked Team to Widen Pay-by-Bank Usage
February 14, 2024  |  Payment Methods

Financial technology firm FIS has formed a partnership with opening banking provider Banked. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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FinTechs Believe CFPB’s 1033 Rule Will Bring ‘Clarity’ to Data Sharing and Foster Financial Services Innovation
FinTechs Believe CFPB’s 1033 Rule Will Bring ‘Clarity’ to Data Sharing and Foster Financial Services...
February 14, 2024  |  Regulation

Matt Janiga, legal counsel and director of regulatory and public affairs at Trustly, told PYMNTS that the Consumer Financial Protection Bureau’s open banking rule, commonly...

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Radial and Link Money Partner on Pay by Bank Offering
Radial and Link Money Partner on Pay by Bank Offering
February 13, 2024  |  Partnerships

eCommerce solutions firm Radial is partnering with open banking payment platform Link Money on a pay by bank tool for merchants. Get the Full Story Complete the form to...

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Earnings Season Spotlights the Value of Data in Priming Open Banking
Earnings Season Spotlights the Value of Data in Priming Open Banking
February 12, 2024  |  Data

It’s mid-February, and the tone of earnings season — along with various partnership announcements — has underscored the value of data harnessed by all manner...

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Millennials Embrace Connectivity Tools for Seamless Direct Bank Payouts
Millennials Embrace Connectivity Tools for Seamless Direct Bank Payouts
February 08, 2024  |  Payment Methods

Open banking connectivity features are transforming the way consumers receive payouts from merchants, service providers and government agencies. These features allow consumers to link their...

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FIS Debuts Interoperable Platform for Sharing Bank Data
FIS Debuts Interoperable Platform for Sharing Bank Data
February 08, 2024  |  Banking

FIS has debuted a platform that lets its clients’ customers share banking data. Get the Full Story Complete the form to unlock this article and enjoy...

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TCH: CFPB Data Rule Will Require Stronger Public-Private Collaboration to Safeguard Consumer Interests
TCH: CFPB Data Rule Will Require Stronger Public-Private Collaboration to Safeguard Consumer Interests
February 08, 2024  |  Regulation

Anticipation looms within the financial industry as the Consumer Financial Protection Bureau gears up to implement a rule governing consumer data sharing. Get the Full...

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Trustly Integrates MX Data Enhancement Services Into Open Banking Products
Trustly Integrates MX Data Enhancement Services Into Open Banking Products
February 07, 2024  |  Data

Trustly has integrated MX Technologies’ data enhancement services into its open banking product suite. Get the Full Story Complete the form to unlock this article and enjoy...

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