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.

EMEA Daily: UK Enforces New Listing Rules for Exchanges; Facebook Faces Lawsuits Over Alleged EU Privacy Violations

EMEA Daily: UK Enforces New Listing Rules for Exchanges; Facebook Faces Lawsuits Over Alleged EU Privacy Violations
EMEA Daily: UK Enforces New Listing Rules for Exchanges; Facebook Faces Lawsuits Over Alleged EU...
December 02, 2021  |  Cross-border Payments

In today’s top Europe, Middle East and Africa (EMEA) news, the U.K. revises listing rules for exchanges; Facebook could face potential litigation over alleged European...

READ MORE >
UK’s FCA Scraps 90-Day Reauthentication Open Banking Rule
UK’s FCA Scraps 90-Day Reauthentication Open Banking Rule
December 02, 2021  |  Banking

The U.K.’s Financial Conduct Authority (FCA) has scrapped the 90-day reauthorization requirement, a move seen as a boon for the open banking sector. Get the...

READ MORE >
CFPB Lays Groundwork for Open Banking’s US Push
CFPB Lays Groundwork for Open Banking’s US Push
December 02, 2021  |  Banking

Open banking may have its roots across the pond, in the United Kingdom, but it’s fair to say the United States is quickly putting its...

READ MORE >
EMEA Daily: Ericsson Acquires Vonage in $6.2B Stock Deal; UK Leads EU in Driving Global Growth In HealthTech Sector
EMEA Daily: Ericsson Acquires Vonage in $6.2B Stock Deal; UK Leads EU in Driving Global...
November 22, 2021  |  Cross-border Payments

In today’s top Europe, Middle East and Africa news, Ericsson acquires Vonage in $6.2bn stock deal, and the U.K. leads the EU in driving global...

READ MORE >
UK Finance Calls for New Open Banking Standards
UK Finance Calls for New Open Banking Standards
November 22, 2021  |  Banking

The U.K. should develop new open banking standards, according to a new report on open banking payments issued by the trade association UK Finance. Get...

READ MORE >
Polish Consumers Embrace Open Banking, BNPL Solutions
Polish Consumers Embrace Open Banking, BNPL Solutions
November 22, 2021  |  BNPL

Six banks and one million customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

READ MORE >
Aiia, Netcompany Team Up to Develop Bill Payment Platform in Denmark
Aiia, Netcompany Team Up to Develop Bill Payment Platform in Denmark
November 16, 2021  |  Banking

European open banking company Aiia is working with Nordic-based software company Netcompany to help boost open banking and help Danish residents pay bills and invoices,...

READ MORE >
Mastercard’s Aiia Powers New Platform to Bring Open Banking to the Masses in Denmark
Mastercard’s Aiia Powers New Platform to Bring Open Banking to the Masses in Denmark
November 16, 2021  |  Banking

Convenience is the order of the day, especially after the onset of the pandemic, and it continues to be the key driver behind consumer action,...

READ MORE >