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.

The Bank-FinTech Tie-Up Evolves
The Bank-FinTech Tie-Up Evolves
August 06, 2020  |  B2B Payments

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their...

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Banks, FinTechs Find New Models To Mesh Their Strengths
Banks, FinTechs Find New Models To Mesh Their Strengths
July 28, 2020  |  B2B Payments

The bank-FinTech collaboration model is often about wielding digital-native FinTech solutions to fit within bank offerings. Get the Full Story Complete the form to unlock...

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Democratizing FinTech Development Without Compromising Compliance
Democratizing FinTech Development Without Compromising Compliance
July 27, 2020  |  B2B Payments

Though applications of the U.K.’s open banking framework have grown more diverse since its launch in 2018, the initial excitement behind the regulatory initiative was...

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Open Banking, Synthetic ID Fraud, Supplemental Jobless Benefits Top This Week’s News
Open Banking, Synthetic ID Fraud, Supplemental Jobless Benefits Top This Week’s News
July 24, 2020  |  The Weekender

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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All Eyes Are On LATAM Open Banking
All Eyes Are On LATAM Open Banking
July 24, 2020  |  Bank Regulation

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly...

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Open Banking For The Unbanked: How The Pandemic Is Affecting Innovation In LatAm
Open Banking For The Unbanked: How The Pandemic Is Affecting Innovation In LatAm
July 22, 2020  |  Bank Regulation

With nearly 50 percent of the Latin American population unbanked, there's a growing appetite for mobile banking services. And the ongoing pandemic is only accelerating...

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New QuickBooks Features Boost SMB Access To Cash Flow, Payroll Updates
New QuickBooks Features Boost SMB Access To Cash Flow, Payroll Updates
July 21, 2020  |  B2B Payments

QuickBooks has rolled out new products to aid with small- to medium-sized businesses’ (SMBs’) recovery from the pandemic, which will include new payroll options and...

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New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap
New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap
July 21, 2020  |  Bank Regulation

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Get the Full Story...

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Coconut Notches $3.15M For SMB Accounting Platform
Coconut Notches $3.15M For SMB Accounting Platform
July 15, 2020  |  B2B Payments

Small- to medium-sized business (SMB) finance app Coconut has notched approximately 2.5 million pounds ($3.15 million) through a Crowdcube fundraising. The company had initially aimed...

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