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.

New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
October 26, 2022  |  Faster Payments

The European Commission (EC) published a draft proposal on Wednesday (Oct. 26) intended to force banks and payment service providers (PSPs) to offer 24/7 instant...

READ MORE >
CFPB Eyes Open Banking’s Data Rules and ‘New Regulatory Approach’
CFPB Eyes Open Banking’s Data Rules and ‘New Regulatory Approach’
October 26, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is facing legal challenges to its very structure and its reach — and where it gets it funding. Get...

READ MORE >
Computop Enables A2A Payments for UK and EU eCommerce Merchants
Computop Enables A2A Payments for UK and EU eCommerce Merchants
October 23, 2022  |  B2B Payments

Payments platform Token has teamed with payment service provider Computop Paygate to meet what the companies say is a growing demand in Europe for open...

READ MORE >
Cloud Unlocks Embedded Finance Use Cases for Banks, Says Green Dot
Cloud Unlocks Embedded Finance Use Cases for Banks, Says Green Dot
October 14, 2022  |  Banking

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

READ MORE >
UK FinTech Ecospend, Car Repair Payment Platform Bumper Team on A2A Payments
UK FinTech Ecospend, Car Repair Payment Platform Bumper Team on A2A Payments
October 10, 2022  |  Payment Methods

Open banking payment provider Ecospend has launched a new marketplace payment solution for car repair-focused BNPL platform Bumper that will help connect customers with car...

READ MORE >
BofA Extends ‘Pay by Bank’ to Euro Payments
BofA Extends ‘Pay by Bank’ to Euro Payments
October 10, 2022  |  Digital-First Banking

Bank of America has made its Pay by Bank payment solution available for euro currency payments, the bank announced Monday (Oct. 10). Get the Full...

READ MORE >
UK FinTechs Call for Full Financial Data Sharing to Support Cardholders
UK FinTechs Call for Full Financial Data Sharing to Support Cardholders
October 09, 2022  |  Digital-First Banking

Some U.K. FinTechs have accused various credit card issuers of not giving customers full access to their own data and costing consumers “millions.” Get the...

READ MORE >
Today in the Connected Economy: Walmart Metaverse Expansion Includes Concert Series
Today in the Connected Economy: Walmart Metaverse Expansion Includes Concert Series
October 05, 2022  |  Connected Economy

Today in the connected economy, Walmart announced it is getting into the concert business by hosting a music festival inside its new metaverse space. Get...

READ MORE >
EMEA Daily: Expanded Tink Partnership Brings Open Banking Payments to Adyen
EMEA Daily: Expanded Tink Partnership Brings Open Banking Payments to Adyen
October 05, 2022  |  emea

Today in Europe, the Middle East and Africa, Adyen has tapped Tink to enable open banking payments, and Google announced its intention to launch a...

READ MORE >