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.

CFPB Reportedly Reworking Biden-Era Open Banking Rule

CFPB Reportedly Reworking Biden-Era Open Banking Rule
CFPB Reportedly Reworking Biden-Era Open Banking Rule
May 06, 2025  |  CFPB

The Trump administration is reportedly preparing to re-examine a Biden-era rule governing open banking. Get the Full Story Complete the form to unlock this article...

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Acquired.com Joins Initiative to Create Central Operator for Commercial Variable Recurring Payments
Acquired.com Joins Initiative to Create Central Operator for Commercial Variable Recurring Payments
May 02, 2025  |  Payments Innovation

Acquired.com joined 30 other organizations in a collective effort to create a new company that will work to establish and serve as a central operator...

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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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