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.

TrueLayer Introduces Variable Recurring Payments

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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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

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

READ MORE >
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...

READ MORE >
How Pix Ignited Digital Payments in Brazil
How Pix Ignited Digital Payments in Brazil
April 20, 2022  |  Latin America

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

READ MORE >
UniCredit Expands Open Banking Alliance With Worldline
UniCredit Expands Open Banking Alliance With Worldline
April 19, 2022  |  Partnerships

Pan-European bank UniCredit is expanding its alliance with global payments firm Worldline to tap into its open banking third-party provider (TPP) service. Get the Full...

READ MORE >