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.

Today In Payments: Banks Spend More To Fight FinTechs; Mastercard Intros Real-Time Payments Gateway PayPort+

Today In Payments: Banks Spend More To Fight FinTechs; Mastercard Intros Real-Time Payments Gateway PayPort+
Today In Payments: Banks Spend More To Fight FinTechs; Mastercard Intros Real-Time Payments Gateway PayPort+
July 19, 2021  |  News

In today’s top news, banks forecast spending more to fight off FinTechs and Mastercard launched PayPort+, a real-time payments gateway. Plus, the U.S. Consumer Financial...

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Revolut’s $33B Valuation Reflects The Promise Of Open Banking
Revolut’s $33B Valuation Reflects The Promise Of Open Banking
July 18, 2021  |  Banking

Valuation is a curious business.  A company goes and raises capital — to grow, to invest, to put in the till for the proverbial rainy...

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Railsbank Nets $70M To Expand Embedded Finance Platform
Railsbank Nets $70M To Expand Embedded Finance Platform
July 14, 2021  |  Fintech Investments

Railsbank has raised $70 million as it continues to grow its Fintech-as-a-Service platform on a global scale, the open banking platform announced. Get the Full Story...

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Russia Ushers In Open Banking With A B2B Focus
Russia Ushers In Open Banking With A B2B Focus
July 13, 2021  |  B2B Payments

Open banking may have kicked off with a focus on consumer financial services, but as Russia moves to become the latest market to embrace the...

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Keeping Profitability At The Forefront Of SMB Digitization
Keeping Profitability At The Forefront Of SMB Digitization
July 09, 2021  |  B2B Payments

There are dozens of FinTech platforms on the market today targeting small- to medium-sized businesses (SMBs), and the list of solutions designed to help entrepreneurs...

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Credit Suisse, KLARA Team On B2B Open Banking
Credit Suisse, KLARA Team On B2B Open Banking
July 05, 2021  |  Partnerships

Credit Suisse will be working with KLARA on new open banking options, according to a Friday (July 2) press release. Get the Full Story Complete...

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Today In Payments: Riskified Files For IPO; Amazon Pay Later Hits 2M Users In India
Today In Payments: Riskified Files For IPO; Amazon Pay Later Hits 2M Users In India
July 02, 2021  |  News

In today’s top news, Riskified filed for an initial public offering (IPO), and India’s Amazon Pay Later now has 2 million users. Plus, financial institutions...

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Today In Payments: JPMorgan Acquires Stake In Brazil’s C6 Bank; EU Plans To Accelerate Open Banking
Today In Payments: JPMorgan Acquires Stake In Brazil’s C6 Bank; EU Plans To Accelerate Open...
June 29, 2021  |  News

In today’s top news, J.P. Morgan has acquired a 40 percent stake in C6 Bank, a Brazilian digital bank, and the European Banking Authority outlined...

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