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 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
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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Deep Dive: How Open Banking Helps Accelerate B2B Payments
Deep Dive: How Open Banking Helps Accelerate B2B Payments
July 03, 2020  |  API

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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US Bank On Improving B2B Payments Via Open Banking
US Bank On Improving B2B Payments Via Open Banking
July 02, 2020  |  API

B2B payments are often complicated by incompatible systems that delay transactions and add additional fees. Embracing open banking can help, but many financial institutions have...

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Today In Payments: Senate Approves Five-Week Extension For PPP; Document: Wirecard Depended Upon Few Clients
Today In Payments: Senate Approves Five-Week Extension For PPP; Document: Wirecard Depended Upon Few Clients
July 01, 2020  |  News

In today’s top news, the Senate extended the PPP application deadline by five weeks, and an internal document reveals a small client base brought in...

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FIs Embrace FinTech Collabs With An Eye On Functionality
FIs Embrace FinTech Collabs With An Eye On Functionality
July 01, 2020  |  B2B Payments

In a PYMNTS interview, NICE Actimize Head of Fraud Strategy Rob Tharle shed light on a nasty downside to the proliferation of open banking around...

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U.S. Bank: How Legacy Systems Impede Open Banking Adoption
U.S. Bank: How Legacy Systems Impede Open Banking Adoption
July 01, 2020  |  API

B2B payments account for $25 trillion in the United States each year, but these transactions are often fraught with frustrations and challenges. Get the Full...

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Open Banking Takes On Financial Crime Big Time
Open Banking Takes On Financial Crime Big Time
June 30, 2020  |  Fraud Prevention

Partnerships of legacy financial institutions (FIs) and FinTechs are bringing forth some of the coolest experiences in banking. It’s a trend exemplified by open banking...

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UK Financial Authority On The COVID-19 Pandemic’s Impact On Open Banking
UK Financial Authority On The COVID-19 Pandemic’s Impact On Open Banking
June 30, 2020  |  Bank Regulation

The pandemic has accelerated consumer preferences for contactless payments, leaving merchants scrambling to process higher volumes while remaining compliant with rules for strong customer authentication...

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EU Says GDPR A Success; Consumers Still Skeptical Of Open Banking Security
EU Says GDPR A Success; Consumers Still Skeptical Of Open Banking Security
June 29, 2020  |  Regulation

Two years in, there’s no easy lifting for companies looking to comply with the General Data Protection Regulation (GDPR), which governs how data gets transferred...

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