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.

An Insider on Accelerating Open Banking for Real-Time Payments
An Insider on Accelerating Open Banking for Real-Time Payments
May 22, 2023  |  Real-Time Payments

Open banking could unlock the next step in real-time payments’ evolution by bringing them directly to consumers through banks’ APIs — but acceptance in the...

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BNPL Helps UK Consumers Manage Expensive Vehicle Repair Costs
BNPL Helps UK Consumers Manage Expensive Vehicle Repair Costs
May 22, 2023  |  Buy Now Pay Later

Ukraine war-induced supply chain disruptions coupled with a biting cost of living crisis in Europe have led to a record slump in new car sales in the...

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Accelerating Open Banking Adoption Will Drive Real-Time Payments Growth
Accelerating Open Banking Adoption Will Drive Real-Time Payments Growth
May 19, 2023  |  Real-Time Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Plaid Teams With Prism to Help Lenders Make Better Credit Decisions
Plaid Teams With Prism to Help Lenders Make Better Credit Decisions
May 18, 2023  |  Partnerships

Open banking platform Plaid has launched a partnership with cash flow underwriting service Prism Data. Get the Full Story Complete the form to unlock this article and enjoy...

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Visa Selects Startups for Accelerator Program in Asia Pacific
Visa Selects Startups for Accelerator Program in Asia Pacific
May 16, 2023  |  Startups

Visa has selected seven startups for its 2023 Visa Accelerator Program in Asia Pacific. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Ahrvo Labs Launches Cross-Border Open Banking Platform Supporting 185 Currencies
Ahrvo Labs Launches Cross-Border Open Banking Platform Supporting 185 Currencies
May 12, 2023  |  B2B Payments

Ahrvo Labs has launched a platform that allows any authenticated bank account to be used for cross-border transactions. Get the Full Story Complete the form...

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Plaid Signs Agreements to Migrate Traffic to Financial Institutions’ APIs
Plaid Signs Agreements to Migrate Traffic to Financial Institutions’ APIs
May 11, 2023  |  Digital Banking

Plaid is expanding its application programming interface (API)-based data sharing network. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Petal Raises New Funding and Spins Off Prism Data Unit
Petal Raises New Funding and Spins Off Prism Data Unit
May 10, 2023  |  Fintech Investments

Petal has raised new funding and spun off its Prism Data unit. Get the Full Story Complete the form to unlock this article and enjoy...

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Taktile Launches Marketplace to Help Lenders Access New Data Sources
Taktile Launches Marketplace to Help Lenders Access New Data Sources
May 09, 2023  |  Data

Taktile has launched a marketplace that helps lenders access new data sources. Get the Full Story Complete the form to unlock this article and enjoy...

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