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.

Tink Expands Open Banking Services Across Europe

Tink Expands Open Banking Services Across Europe
Tink Expands Open Banking Services Across Europe
April 28, 2022  |  Banking

European open banking platform Tink is taking its Payment Initiation Services (PIS) product to five new markets — the Netherlands, Norway, Estonia, Finland and Latvia, per a blog post...

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CFPB’s Chopra Tells Senators to Expect More on Big Tech, Repeat Offenders and Open Banking
CFPB’s Chopra Tells Senators to Expect More on Big Tech, Repeat Offenders and Open Banking
April 27, 2022  |  CFPB

The testimony of Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), before the Senate Banking Committee on April 26 offered important insights into...

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TrueLayer Introduces Variable Recurring Payments
TrueLayer Introduces Variable Recurring Payments
April 26, 2022  |  Digital Payments

TrueLayer, a London-based global open banking platform that enables instant payments, has introduced variable recurring payments (VRP), the company announced Tuesday (April 26). Get the...

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Fiserv Launches AppMarket Open Finance, FI/FinTech Collaboration Tool
Fiserv Launches AppMarket Open Finance, FI/FinTech Collaboration Tool
April 26, 2022  |  Banking

Payments and financial services tech solutions provider Fiserv on Tuesday (April 26) launched AppMarket, which gives financial institutions (FIs) access to a curated set of...

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EU FinTechs Drawn to MENA Region’s Digital Payments and Merchant Growth
EU FinTechs Drawn to MENA Region’s Digital Payments and Merchant Growth
April 26, 2022  |  Digital Payments

The introduction of open banking, enabled by the revised Payment Services Directive (PSD2), has significantly transformed the digital payments space in Europe, boosting competition in...

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CFPB Director to Testify on Open Banking, Privacy to Senate Committee
CFPB Director to Testify on Open Banking, Privacy to Senate Committee
April 25, 2022  |  CFPB

U.S. Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra plans to tell Congress this week about a proposed measure to regulate open banking and small...

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UK Financial Regulator Sees Synthetic Data as Next Step in Data Sharing  
UK Financial Regulator Sees Synthetic Data as Next Step in Data Sharing  
April 22, 2022  |  Data & Research

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Digitizing Payments in Latin America Playbook: Brazil Is Setting the Standard
Digitizing Payments in Latin America Playbook: Brazil Is Setting the Standard
April 20, 2022  |  Latin America

Open banking is an emerging practice in the financial sector these days, with consumers embracing the opportunity to control their financial data and prevent banks...

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