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.

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
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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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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