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.

Trustfolio, Equifax Partner on Open Banking Feature for Debt Advisers

Trustfolio, Equifax Partner on Open Banking Feature for Debt Advisers
Trustfolio, Equifax Partner on Open Banking Feature for Debt Advisers
August 15, 2022  |  Partnerships

U.K.-based DebtTech company Trustfolio has partnered with Equifax on a new open banking-powered feature designed to give debt advisers better access to bank transaction data....

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Open Banking Weekly: Europe Makes Strides in Open Payments
Open Banking Weekly: Europe Makes Strides in Open Payments
August 05, 2022  |  Banking

This week in Europe, London-based open finance platforms Yapily and Ecospend rolled out new initiatives to drive open payment adoption in the U.K., and Germany’s...

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FinTech Automation Joins Mastercard Open Banking Network 
FinTech Automation Joins Mastercard Open Banking Network 
August 03, 2022  |  Partnerships

FinTech Automation (FTA) has been named a technology partner for open banking within Mastercard’s Engage partner network, the company announced Wednesday (Aug. 3). Get the...

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UK Digital Banks Set Sights on Underserved Mass Affluent Segment
UK Digital Banks Set Sights on Underserved Mass Affluent Segment
July 26, 2022  |  Banking

When we talk about the mass affluent, it goes beyond high-net-worth individuals and affluent retirees to people who have made a huge fortune from the...

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CFPB to Seek Feedback on Open Banking Rulemaking in November
CFPB to Seek Feedback on Open Banking Rulemaking in November
July 22, 2022  |  Legal & Regulation

Open banking continues to grow and so do regulatory frameworks that aim at fostering its use. Get the Full Story Complete the form to unlock...

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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  |  Europe

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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