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.

Weekly TechREG EMEA: EU Agrees on Crypto Regulation With Strict Controls on Stablecoins; EU Banking Regulator Proposes Standard APIs To Boost Open Banking 
Weekly TechREG EMEA: EU Agrees on Crypto Regulation With Strict Controls on Stablecoins; EU Banking...
July 01, 2022  |  Regulation

This week the most notorious development in the TechREG space is the agreement reached by EU institutions on the scope of the regulation that will...

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Banks Leap From Legacy Core Systems to Innovation, Real-Time Capability
Banks Leap From Legacy Core Systems to Innovation, Real-Time Capability
July 01, 2022  |  Banking

In the world of open banking and open finance, core banking systems are no longer just a concern for the world’s biggest banks. Get the...

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UK Seeks Guidance on New Open Banking Roadmap, Regulator
UK Seeks Guidance on New Open Banking Roadmap, Regulator
June 29, 2022  |  Bank Regulation

Last week, on June 24, the U.K. Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) issued two different statements about the future of...

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Trustly, Gr4vy Ink Deal for Open Banking Payment Services
Trustly, Gr4vy Ink Deal for Open Banking Payment Services
June 28, 2022  |  Partnerships

Global open banking account-to-account transaction provider Trustly has formed a partnership that will see it added as a payment option on cloud-based payments platform Gr4vy,...

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Today in TechREG: EBA Recommends Standard API for Open Banking
Today in TechREG: EBA Recommends Standard API for Open Banking
June 28, 2022  |  Technology

Today in TechREG, the European Banking Authority (EBA) recommended the adoption of a standard API across Europe to boost the adoption of open banking. Get...

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EBA Recommends a Standard API for Open Banking in New PSD3 
EBA Recommends a Standard API for Open Banking in New PSD3 
June 28, 2022  |  Bank Regulation

The European Banking Authority (EBA) published on Thursday, June 23 an opinion in response to the European Commission’s call for advice on the upcoming review...

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UK Open Banking Users Top 6 Million
UK Open Banking Users Top 6 Million
June 22, 2022  |  Banking

More than 6 million individuals and businesses in the United Kingdom regularly use open banking services, the U.K.’s Open Banking Implementation Entity (OBIE) announced in...

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State of Open Banking in Europe, Africa and the Middle East
State of Open Banking in Europe, Africa and the Middle East
June 21, 2022  |  emea

Open Banking (OB) refers to the use of open-source technology and data-sharing in the delivery of financial services. The goals of a more open financial...

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Mastercard Launches Start Path Open Banking Global Initiative
Mastercard Launches Start Path Open Banking Global Initiative
June 15, 2022  |  Banking

Mastercard has unveiled its Start Path Open Banking global program, an effort to help open banking startups scale, uncover opportunities to innovate and create new...

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