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.

NCR Buys Intellectual Property to Advance Open Banking
NCR Buys Intellectual Property to Advance Open Banking
March 08, 2022  |  Acquisitions

NCR Corporation, a global enterprise technology provider, has purchased FinTech intellectual property for open banking from Canada-based Spoke Technologies, NCR announced Tuesday (March 8). Terms...

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UK Banking Platform Cheddar Acquires Upside Saving
UK Banking Platform Cheddar Acquires Upside Saving
March 01, 2022  |  Acquisitions

Bank transfer platform Cheddar has acquired open banking technology firm Upside Saving, Business Cloud reported Tuesday (March 1). Get the Full Story Complete the form...

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UK Car Dealerships Leverage Open Banking To Reduce Payment Processing Fees
UK Car Dealerships Leverage Open Banking To Reduce Payment Processing Fees
February 28, 2022  |  Payment Methods

Payment processing fees are an unavoidable pain point for many businesses, both large and small, but for merchants in the automotive sector, the impact on...

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UK’s Open Banking Chief Calls on Regulators to Streamline, Accelerate the Technology 
UK’s Open Banking Chief Calls on Regulators to Streamline, Accelerate the Technology 
February 24, 2022  |  Banking

The leader of United Kingdom’s open banking organization has called on regulators to accelerate debut of the technology. Get the Full Story Complete the form...

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Security, Trust Key to Consumer Adoption of Open Banking
Security, Trust Key to Consumer Adoption of Open Banking
February 23, 2022  |  Digital-First Banking

Americans have opened new accounts, taken out additional loans and carried balances in the past year, and many showed preferences for managing all of this...

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Embedding Payouts Into Payments Flows Key to Consumer’s Real Time Money Mobility Experience
Embedding Payouts Into Payments Flows Key to Consumer’s Real Time Money Mobility Experience
February 18, 2022  |  Faster Payments

The move to embed payments into all manner of customer experiences — be that on platforms, through disbursements, or even via cryptocurrencies — is a...

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EMEA Daily: Facebook Launches Tools to Fight Disinformation in France, OBIE Reports More Than 5M in UK Use Open Banking
EMEA Daily: Facebook Launches Tools to Fight Disinformation in France, OBIE Reports More Than 5M...
February 17, 2022  |  International

In today’s top Europe, Middle East and Africa news, Facebook is fighting misinformation in advance of the French presidential election, and more than 5 million...

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UK Open Banking Reports 5M Users
UK Open Banking Reports 5M Users
February 17, 2022  |  Banking

More than 5 million people in the U.K. use open banking services, the country’s Open Banking Implementation Entity (OBIE) announced Thursday (Feb. 17). Get the...

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Mastercard Payments Consulting Biz to Incorporate Crypto, Open Banking, ESG
Mastercard Payments Consulting Biz to Incorporate Crypto, Open Banking, ESG
February 15, 2022  |  Mastercard

As the business environment continually confronts fast-changing technologies and consumer expectations, Mastercard’s payments-focused consulting service is beefing up its offerings to help clients leverage new...

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