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.

NEO CEO Says Banks, Regulators Ignore Multicurrency Management Needs of EU Firms

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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Finicity, Fiserv Ink Secure Data Access Agreement
Finicity, Fiserv Ink Secure Data Access Agreement
March 30, 2022  |  Partnerships

Open banking technology platform Finicity, a Mastercard company, and payments and financial services company Fiserv, Inc., on Wednesday (March 30) announced a data access agreement...

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Chetwood CEO Calls Open Banking ‘Disappointing,’ Regulation Key to Neobank Success
Chetwood CEO Calls Open Banking ‘Disappointing,’ Regulation Key to Neobank Success
March 29, 2022  |  Regulation

The U.K. is widely considered a leader in the implementation of open banking, the regulation mandated by the European Union’s Revised Payment Services Directive (PSD2)...

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Aussie A2A Merchant Payments Startup Zepto Notches A$25M
Aussie A2A Merchant Payments Startup Zepto Notches A$25M
March 28, 2022  |  Digital Payments

Account-to-account (A2A) merchant payments startup Zepto raised A$25 million in a Series A funding round led by AirTree Ventures and Decade Partners, as it plans...

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