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.

Pleo Teams With Yapily to Power SMB Cash Flow

Pleo Teams With Yapily to Power SMB Cash Flow
Pleo Teams With Yapily to Power SMB Cash Flow
September 08, 2022  |  Banking

Automated expense management system Pleo is partnering with open banking application programming interface (API) startup Yapily to help small and medium-sized businesses (SMBs) manage cash...

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Today in B2B Payments: 2 Companies Announce Acquisitions
Today in B2B Payments: 2 Companies Announce Acquisitions
September 07, 2022  |  B2B Payments

Today in B2B payments, FLEETCOR acquires Plugsurfing to facilitate payment for electric vehicle (EV) charging in Europe, while TimePayment buys QuickSpark to combine the two...

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What Yolt’s Exit Means for B2Bs in Europe’s Competitive Open Banking Market
What Yolt’s Exit Means for B2Bs in Europe’s Competitive Open Banking Market
September 06, 2022  |  Banking

At the end of August, the Dutch banking group ING announced that it would be phasing out its open banking platform Yolt, citing a “rapidly...

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Open Banking Europe and Open Banking Exchange Merge to Create ‘One Global OBE’
Open Banking Europe and Open Banking Exchange Merge to Create ‘One Global OBE’
September 06, 2022  |  Banking

Open Banking Europe announced Monday (Sept. 5) that it has merged with its international division, Open Banking Exchange, to form a single global organization called...

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SlimPay, Tink Partner on EU Account-to-Account Payments
SlimPay, Tink Partner on EU Account-to-Account Payments
September 06, 2022  |  Payment Methods

Payment service provider SlimPay and FinTech Tink are partnering to enable frictionless account-to-account payments across Europe, powered by open banking. Get the Full Story Complete...

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Tink Offers Lenders Real-Time Look at Loan Applicants’ Expenses
Tink Offers Lenders Real-Time Look at Loan Applicants’ Expenses
August 31, 2022  |  Loans

Open banking platform Tink is launching a new product that gives lenders real-time access to applicants’ fixed and discretionary spending, allowing them to make faster...

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Nationwide Selects Moneyhub for Savings Account Sweeping
Nationwide Selects Moneyhub for Savings Account Sweeping
August 25, 2022  |  Banking

The U.K.’s Nationwide Building Society announced Thursday (Aug. 25) that it is deploying the open finance platform Moneyhub, giving customers the ability to open a...

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PYMNTS Intelligence: SMBs Prefer Digital Tools Over In-Branch Banking
PYMNTS Intelligence: SMBs Prefer Digital Tools Over In-Branch Banking
August 19, 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....

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