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.

Payments Processors Turn to Analytics and Embedded Finance to Combat Margin Pressure

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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80% of Pay-by-Bank Users Report Better Data Security and Lower Cart Abandonment
80% of Pay-by-Bank Users Report Better Data Security and Lower Cart Abandonment
March 10, 2025  |  Payment Methods

As digital payments evolve, pay by bank is gaining traction in consumer-facing sectors. Get the Full Story Complete the form to unlock this article and...

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Section 1033 May Fall Short of its Data Security and Open Banking Goals
Section 1033 May Fall Short of its Data Security and Open Banking Goals
March 03, 2025  |  Bank Regulation

There’s a rule of thumb in law that states that hard cases make bad law. The sentiment can be reworked a bit to extend to...

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Unzer Taps Mastercard Technology to Launch Pay-by-Bank Tool
Unzer Taps Mastercard Technology to Launch Pay-by-Bank Tool
February 27, 2025  |  Payment Methods

Payments firm Unzer has debuted a pay-by-bank tool in conjunction with Mastercard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Pay by Bank Is User Experience Grand Slam for Sports Betting
Pay by Bank Is User Experience Grand Slam for Sports Betting
February 24, 2025  |  Payment Methods

When it comes to sports betting, speed isn’t just for the players on the field. It’s also a critical factor in the flow of cash,...

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