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.

Court Battle Could Reshape Consumer Financial Data Landscape
Court Battle Could Reshape Consumer Financial Data Landscape
February 12, 2025  |  Bank Regulation

The fight over the CFPB’s status and, in particular, the future of Open Banking Rule 1033 is on. A Washington, D.C.-based trade group, the Financial...

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With CFPB Closed, Open Banking Awaits Next Steps
With CFPB Closed, Open Banking Awaits Next Steps
February 10, 2025  |  Regulation

The Consumer Financial Protection Bureau is shuttered — at least for now. Get the Full Story Complete the form to unlock this article and enjoy...

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Trustly and Kivra Team to Promote Digital Payments in Sweden
Trustly and Kivra Team to Promote Digital Payments in Sweden
February 10, 2025  |  Partnerships

Trustly has formed an automatic payments partnership with Sweden-based digital mailbox provider Kivra. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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What to Watch for as CFPB Stops Rulemaking in Its Tracks
What to Watch for as CFPB Stops Rulemaking in Its Tracks
February 07, 2025  |  CFPB

To say it’s been an eventful week for the Consumer Financial Protection Bureau might be an understatement. Get the Full Story Complete the form to...

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Pay.com Selects Volt as Strategic Open Banking Partner
Pay.com Selects Volt as Strategic Open Banking Partner
February 03, 2025  |  Partnerships

Payments orchestration infrastructure firm Pay.com’s merchants will be able to access global real-time payments platform Volt’s Instant Bank Transfer solution to allow their end-users to make...

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Noda Launches AI-Powered Tool for Designing Personalized Payment Pages
Noda Launches AI-Powered Tool for Designing Personalized Payment Pages
January 28, 2025  |  artificial intelligence

Open banking provider Noda has launched a tool that enables gaming streamers and content creators to design personalized payment pages in minutes, with no need...

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Method Raises $41.5 Million to Build Consumer-Permissioned Financial Connectivity
Method Raises $41.5 Million to Build Consumer-Permissioned Financial Connectivity
January 23, 2025  |  Investments

Method Financial has raised $41.5 million in a Series B funding round to continue building its solution for consumer-permissioned financial connectivity and expanding it to...

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UK’s FCA Charts Path From Open Banking to ‘Open Finance’
UK’s FCA Charts Path From Open Banking to ‘Open Finance’
January 22, 2025  |  Bank Regulation

Open banking’s roots lie with the United Kingdom, where PSD2, a decade ago, gave a tailwind to banks’ “opening” their data to third-party providers. Get...

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i2c Credits ‘What If?’ Approach for New Payment Hub
i2c Credits ‘What If?’ Approach for New Payment Hub
January 22, 2025  |  Opinion

Technology plays a vital role in enabling innovation in banking and payments, i2c Global Head of Product Seth Perlman writes in a new PYMNTS eBook,...

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