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.

GoCardless to Provide Payment Solutions to Xero Customers in the UK

GoCardless to Provide Payment Solutions to Xero Customers in the UK
GoCardless to Provide Payment Solutions to Xero Customers in the UK
July 21, 2022  |  Digital Payments

Digital payment solution GoCardless announced Thursday (July 21) that has partnered with Xero, a global small business platform, to provide its Instant Bank Pay feature...

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FICO Teams With Open-Finance.ai for Real-Time Credit Assessments
FICO Teams With Open-Finance.ai for Real-Time Credit Assessments
July 20, 2022  |  Partnerships

Global predictive analytics company FICO is partnering with open banking and financial services firm Open-Finance.ai to assist banks and FinTechs in speeding up and improving the decision-making...

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PYMNTS GCC Series: Big Tech Firms Set Up Shop in Qatar
PYMNTS GCC Series: Big Tech Firms Set Up Shop in Qatar
July 19, 2022  |  emea

In this fifth installment in a PYMNTS series on the state of FinTech in the Gulf Cooperation Council (GCC) countries, we take a look at...

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EU Plans Instant Payment Regulation in 2022, US Eyes FedNow for 2023
EU Plans Instant Payment Regulation in 2022, US Eyes FedNow for 2023
July 19, 2022  |  Regulation

Real-time payments (RTP), account-to-account (A2A) payments and instant payments all refer to the ability to process payments in seconds. This is one of the next...

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EQ Bank Teams With Open Banking Platform Flinks
EQ Bank Teams With Open Banking Platform Flinks
July 14, 2022  |  Partnerships

EQ Bank, part of Canada’s Equitable Bank family, has joined forces with Montreal-based open banking platform Flinks to give EQ Bank customers the ability to...

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Plaid Adds Support for Digital Asset Exchanges
Plaid Adds Support for Digital Asset Exchanges
July 14, 2022  |  Digital Banking

Payment processing firm Plaid is now supporting digital asset exchanges and investment platforms to meet the growing number of people using cryptocurrencies. Get the Full...

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PYMNTS GCC Series: Bahrain Drives Open Banking Adoption in MENA
PYMNTS GCC Series: Bahrain Drives Open Banking Adoption in MENA
July 12, 2022  |  Banking

In the second installment of this series on the state of FinTech ecosystems in the Gulf Cooperation Council (GCC), PYMNTS will be taking a look...

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Yapily, Soldo Team to Help SMBs Manage Payments
Yapily, Soldo Team to Help SMBs Manage Payments
July 12, 2022  |  SMBs

Open banking platform Yapily and spend management company Soldo have partnered to help businesses in Europe maintain visibility over their payments and control spending. Get...

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BIS Study Finds Lack of API Standards Is Cross-Border Payments’ Biggest Challenge
BIS Study Finds Lack of API Standards Is Cross-Border Payments’ Biggest Challenge
July 12, 2022  |  Cross-border Payments

The Bank for International Settlements (BIS) published on Friday (July 8) a report highlighting the benefits of interlinking arrangements and application programming interfaces (APIs) to...

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