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.

Today in Data: Crypto Is at the Center of the Payments Universe
Today in Data: Crypto Is at the Center of the Payments Universe
April 14, 2022  |  Today In Data

Today in data, Ark Invest sells its PayPal stake because it believes in Cash App’s cryptocurrency-focused future. Plus, Ethereum Foundation developer Virgil Griffith gets a...

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Payment Initiation Improves Expense Management for EU Users
Payment Initiation Improves Expense Management for EU Users
April 13, 2022  |  Digital Payments

Whether it’s in a restaurant, after a weekend among friends or even among tenants in a shared house, splitting bills and working out how much...

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Zilch, Experian Partner on Customer Affordability
Zilch, Experian Partner on Customer Affordability
April 07, 2022  |  BNPL

Zilch, the London-based Buy Now, Pay Later (BNPL) company, has partnered with Experian, the global information services company, to share reporting of BNPL credit data,...

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NEO CEO Says Banks, Regulators Ignore Multicurrency Management Needs of EU Firms
NEO CEO Says Banks, Regulators Ignore Multicurrency Management Needs of EU Firms
April 05, 2022  |  B2B Payments

$3 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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 Budget Insight Raises $35M in Funding
 Budget Insight Raises $35M in Funding
April 04, 2022  |  Fintech Investments

Budget Insight, the Paris-based FinTech, announced it has received $35 million (€31 million) in funding Monday (April 4). Get the Full Story Complete the form...

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The One Big Thing Apple’s Project Breakout Needs but Doesn’t Have
The One Big Thing Apple’s Project Breakout Needs but Doesn’t Have
April 04, 2022  |  Karen Webster

Project Breakout is said to be Apple’s now-not-so-secret plan to turn itself into a full-fledged payments and financial services company by building its own acquiring,...

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Today in FinTech: GoTo IPO on Track; Khazna Using Capital for Underbanked; TD Auto Offers Dealers Real-Time Payments
Today in FinTech: GoTo IPO on Track; Khazna Using Capital for Underbanked; TD Auto Offers...
March 31, 2022  |  Banking

In today’s FinTech news, GoTo’s public offering in Indonesia is moving forward, while Khanza’s funding will help Egypt’s underbanked population. Plus, TD Auto Finance offers...

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Klarna Unveils ‘Klarna Kosma’ Open Banking Unit
Klarna Unveils ‘Klarna Kosma’ Open Banking Unit
March 31, 2022  |  BNPL

Swedish buy now, pay later (BNPL) company Klarna on Thursday (March 31) rolled out the Klarna Kosma sub-brand and business unit that’s geared toward open...

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Today in Retail: Chewy Struggles With Profits; Five Below Unveils ‘Triple-Double’ Growth Plan
Today in Retail: Chewy Struggles With Profits; Five Below Unveils ‘Triple-Double’ Growth Plan
March 30, 2022  |  Retail

Today in retail, Chewy’s stock drops to a two-year low despite record spending levels, while Five Below plans growth. Plus, Avarda embraces open banking, Lululemon...

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