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.

New QuickBooks Features Boost SMB Access To Cash Flow, Payroll Updates

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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FinTechs Unite With Common Goal Of Banking-as-a-Service
FinTechs Unite With Common Goal Of Banking-as-a-Service
July 14, 2020  |  B2B Payments

With bank-FinTech tie-ups growing more popular, FinTechs themselves are similarly discovering value in collaborating with each other to elevate their value proposition for joint financial...

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Digital IDs Help Open Banking Reach Its Fullest Potential
Digital IDs Help Open Banking Reach Its Fullest Potential
July 10, 2020  |  Digital Banking

Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen, chief operating officer...

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Sowing The Seeds Of Agriculture Banking Modernization
Sowing The Seeds Of Agriculture Banking Modernization
July 08, 2020  |  B2B Payments

The farming and agriculture industry remains a pillar of society, and some of the world’s largest banks — like France’s Credit Agricole — first began...

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Community Banks Accelerate FinTech Integrations
Community Banks Accelerate FinTech Integrations
July 07, 2020  |  B2B Payments

Build, buy or partner? For more community banks, the latter strategy can fast-track digitization initiatives. Get the Full Story Complete the form to unlock this...

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Open Banking APIs Meet B2B Payments
Open Banking APIs Meet B2B Payments
July 06, 2020  |  API

Steady digitization in stale B2B payments and the open banking movement are two closely related and increasingly exuberant expressions of money’s digital makeover. While much...

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Open Banking Adoption, Subscription Features, Wirecard North America Up For Sale Top This Week’s News
Open Banking Adoption, Subscription Features, Wirecard North America Up For Sale Top This Week’s News
July 03, 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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