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.

FinTech Leaders Ask Trump to Block Banks’ ‘Account Access’ Fees
FinTech Leaders Ask Trump to Block Banks’ ‘Account Access’ Fees
August 14, 2025  |  Banking

More than 80 leaders of FinTech companies, crypto companies and other firms involved with open banking signed a public letter asking President Donald Trump to...

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UK’s FCA Seeks Feedback on Future Open Banking Standard-Setting Body
UK’s FCA Seeks Feedback on Future Open Banking Standard-Setting Body
August 08, 2025  |  Regulation

The U.K.’s Financial Conduct Authority (FCA) will continue to engage with the industry as it works to establish a new standard-setting body for open banking...

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CFPB Tells Court It Will Rewrite Rule 1033
CFPB Tells Court It Will Rewrite Rule 1033
July 29, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) asked a judge Tuesday (July 29) to stay a lawsuit challenging the open banking rule implemented last year by the...

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FinTechs and Retailers Press President Trump on Rule 1033
FinTechs and Retailers Press President Trump on Rule 1033
July 25, 2025  |  Regulation

For open banking to function, traditional financial institutions and FinTechs must collaborate as data is passed from the traditional players to digital innovators, forging new...

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Virgin Media O2 to Adopt Trustly’s Open Banking Services
Virgin Media O2 to Adopt Trustly’s Open Banking Services
July 23, 2025  |  Partnerships

United Kingdom telecommunications company Virgin Media O2 (VMO2) plans to adopt Trustly’s open banking services so it can offer VMO2 customers direct debit account automation...

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JPMorgan’s Dimon Bullish on JPM Coin and Consumer Spending
JPMorgan’s Dimon Bullish on JPM Coin and Consumer Spending
July 15, 2025  |  Earnings

JPMorgan released second-quarter earnings results Tuesday (July 15) that spotlighted a thus far negligible impact from tariffs. Get the Full Story Complete the form to...

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JPMorgan Opens Door for Open Banking Data ‘Tariffs’ and Upends Aggregators
JPMorgan Opens Door for Open Banking Data ‘Tariffs’ and Upends Aggregators
July 14, 2025  |  Banking

In his 2024 annual letter to shareholders, released April 7, JPMorgan CEO Jamie Dimon wrote that “a new battle is brewing. Third parties want full...

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JPMorgan Preparing to Charge FinTechs for Consumer Bank Data
JPMorgan Preparing to Charge FinTechs for Consumer Bank Data
July 13, 2025  |  Banking

JPMorgan has reportedly told FinTechs it will begin charging for access to customer bank info. Get the Full Story Complete the form to unlock this...

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New Fed Analysis Leverages PYMNTS Findings to Spotlight Pay by Bank
New Fed Analysis Leverages PYMNTS Findings to Spotlight Pay by Bank
July 10, 2025  |  Payment Methods

Open banking, and specifically pay by bank, promises to transform commerce by letting consumers make purchases and funds transfers directly from their accounts. Get the...

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