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.

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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Only 5% of Direct-to-Bank-Account Payouts Arrive in or Near Real Time
Only 5% of Direct-to-Bank-Account Payouts Arrive in or Near Real Time
February 07, 2024  |  Faster Payments

In today’s fast-paced world, consumers expect quick and seamless payment experiences. This means that when they receive payouts, they want them to be processed and...

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UK’s Open Banking Headwinds Point to Pitfalls of Innovation Through Regulation
UK’s Open Banking Headwinds Point to Pitfalls of Innovation Through Regulation
February 05, 2024  |  Banking

Open banking is set to change the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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New Fund Flows Outpace Card Growth as Payment Networks Eye Open Banking Opportunities
New Fund Flows Outpace Card Growth as Payment Networks Eye Open Banking Opportunities
February 02, 2024  |  Earnings

Beyond the debit and credit card issuance, beyond the consumer spending, the networks see growth ahead underpinned by new payment flows. Get the Full Story...

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True Layer Teams With Worldline on Payments Orchestration
True Layer Teams With Worldline on Payments Orchestration
January 31, 2024  |  Partnerships

Open banking payments network TrueLayer is offering its products via Worldline’s payment orchestration platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Mastercard and BOK Financial Expand Payments Partnership
Mastercard and BOK Financial Expand Payments Partnership
January 30, 2024  |  Partnerships

Mastercard has launched an expanded payments partnership with Oklahoma’s BOK Financial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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