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: Instant Refunds Key To Bringing Open Banking Payments Mainstream

TrueLayer: Instant Refunds Key To Bringing Open Banking Payments Mainstream
TrueLayer: Instant Refunds Key To Bringing Open Banking Payments Mainstream
June 22, 2021  |  Payment Methods

The groundswell for open banking is here. Banks in the U.K. are now seeing more open banking payments volume in a single month than what...

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Apple Watches, Open Banking, Selfie IDs Top This Week’s News
Apple Watches, Open Banking, Selfie IDs Top This Week’s News
June 18, 2021  |  The Weekender

In this week’s news, we saw a report on future enhancements to the Apple Watch. Also, new insights have emerged on open banking and Selfie...

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PYMNTS TrueLayer Report: PSPs Unlock Payments Experience With Open Architectures
PYMNTS TrueLayer Report: PSPs Unlock Payments Experience With Open Architectures
June 17, 2021  |  Banking

Like many financial innovations, open banking still seemed exotic in 2018 when momentum began building. What the sector didn’t foresee was a global crisis propelling...

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Banks Tap FinTechs In Anticipation Of Corporate Client Growth
Banks Tap FinTechs In Anticipation Of Corporate Client Growth
June 15, 2021  |  B2B Payments

Financial institutions (FIs) large and small are bracing for growing pressure from their small business and corporate clients for digital-native solutions in a broader push...

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Today In Payments: China’s Tech Regs Focus On Data; ID Fraud Delays US Tax Refunds
Today In Payments: China’s Tech Regs Focus On Data; ID Fraud Delays US Tax Refunds
June 14, 2021  |  News

In today’s top news, China is targeting data control in its latest Big Tech regulations, and a hike in identity fraud has delayed many tax...

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NEW REPORT: Open Banking Accelerates EU Merchants New eCommerce Plans
NEW REPORT: Open Banking Accelerates EU Merchants New eCommerce Plans
June 14, 2021  |  Banking

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Plaid Launches Capital One Open Finance Partnership
Plaid Launches Capital One Open Finance Partnership
June 09, 2021  |  Banking

Plaid announced a new open finance partnership with Capital One on Wednesday (June 9), just as the FinTech is completing its migration to the Capital...

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Yapily Rolls Out Bulk Payments-As-A-Service For SMBs
Yapily Rolls Out Bulk Payments-As-A-Service For SMBs
June 08, 2021  |  B2B Payments

Yapily, which works in providing open banking infrastructure, rolled out a new open banking bulk payments service with Comma, a Tuesday (June 8) press release...

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HSBC Eyes Biz Banking Innovation With Developer Portal
HSBC Eyes Biz Banking Innovation With Developer Portal
June 08, 2021  |  B2B Payments

HSBC has rolled out an application programming interface (API) developer portal that lets programmers and clients locate the APIs that match their business requirements, get...

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