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.

Data Security Guardrails Critical Regardless of Open Banking Rule’s Fate
Data Security Guardrails Critical Regardless of Open Banking Rule’s Fate
May 12, 2025  |  Regulation

Whether a reworking or an outright rescission of the Consumer Financial Protection Bureau’s open banking rule is on the horizon, some of the most basic...

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Mastercard Launches UK-Based Open Banking Pact With Cardstream
Mastercard Launches UK-Based Open Banking Pact With Cardstream
May 07, 2025  |  Partnerships

Mastercard has teamed with British FinTech Cardstream to promote open banking payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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CFPB Reportedly Reworking Biden-Era Open Banking Rule
CFPB Reportedly Reworking Biden-Era Open Banking Rule
May 06, 2025  |  CFPB

The Trump administration is reportedly preparing to re-examine a Biden-era rule governing open banking. Get the Full Story Complete the form to unlock this article...

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Acquired.com Joins Initiative to Create Central Operator for Commercial Variable Recurring Payments
Acquired.com Joins Initiative to Create Central Operator for Commercial Variable Recurring Payments
May 02, 2025  |  Payments Innovation

Acquired.com joined 30 other organizations in a collective effort to create a new company that will work to establish and serve as a central operator...

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Payments Processors Turn to Analytics and Embedded Finance to Combat Margin Pressure
Payments Processors Turn to Analytics and Embedded Finance to Combat Margin Pressure
May 02, 2025  |  Payments Innovation

Value-added services, once the free sprinkles card networks tossed on top of plain vanilla processing contracts, have become core product offerings in an industry racing...

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Open Banking Brings Insurance Industry Closer to Instant Payouts
Open Banking Brings Insurance Industry Closer to Instant Payouts
April 30, 2025  |  Insurance

The groundwork is being laid for the movement of the insurance industry fully into the digital age. Get the Full Story Complete the form to...

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Pay-by-Bank Interest Jumps 72% With Incentives, New Report Shows
Pay-by-Bank Interest Jumps 72% With Incentives, New Report Shows
April 07, 2025  |  Payment Methods

Despite its potential, pay by bank, or open banking payments, remains a largely untapped opportunity, but a new report suggests that the right incentives could...

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Why Account Validation Changes When Banks Say Yes
Why Account Validation Changes When Banks Say Yes
March 18, 2025  |  Authentication

The convergence of ACH, open banking and account validation has the potential to make transactions more secure — and faster — as instant payments gain...

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Mastercard and Virgin Money Team to Expand UK Open Banking
Mastercard and Virgin Money Team to Expand UK Open Banking
March 17, 2025  |  Banking

British bank Virgin Money has launched an open banking-focused partnership with Mastercard. Get the Full Story Complete the form to unlock this article and enjoy...

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