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.

Revolut Adds Amex To Open Banking Feature
Revolut Adds Amex To Open Banking Feature
June 25, 2020  |  Digital Banking

Revolut Ltd., the British financial technology company headquartered in London, has added American Express to its open banking platform. Get the Full Story Complete the...

READ MORE >
Investec: What FIs Must Know About Open Banking And Gaining Consumer Trust
Investec: What FIs Must Know About Open Banking And Gaining Consumer Trust
June 25, 2020  |  Fraud Prevention

Digital fraud and cybercrime are constant worries for financial institutions (FIs) of all sizes, with these businesses seeing an average of 30 cyberattacks per hour...

READ MORE >
Today In Payments: Brazil Central Bank Shuts WhatsApp Payments; Visa’s SMB Hub Launches With PayPal, Freshbooks
Today In Payments: Brazil Central Bank Shuts WhatsApp Payments; Visa’s SMB Hub Launches With PayPal,...
June 24, 2020  |  News

In today’s top news, Brazil’s central bank suspended WhatsApp’s payment feature, and Visa launched its online resource hub for small and medium-sized businesses (SMBs). Plus,...

READ MORE >
Mastercard, Finicity and Standardizing Open Banking’s Data Flow
Mastercard, Finicity and Standardizing Open Banking’s Data Flow
June 24, 2020  |  Mastercard

While open banking is gaining traction in Europe (by regulatory mandate) and is making inroads to the U.S. (through free market competition), on these shores...

READ MORE >
Mastercard To Buy Financial Data Provider Finicity For $825M
Mastercard To Buy Financial Data Provider Finicity For $825M
June 23, 2020  |  Mastercard

Mastercard Inc. has signed a deal to buy Finicity, the Salt Lake City, Utah, provider of real-time access to financial data, for $825 million, Mastercard announced...

READ MORE >
i2c Names BaaS Veteran To New EVP Of Americas Sales Role
i2c Names BaaS Veteran To New EVP Of Americas Sales Role
June 18, 2020  |  Personnel

Digital payment and open banking technology provider i2c Inc. has named Kevin Fox as executive vice president (EVP) of Americas sales to support a formidable...

READ MORE >
Banks Embrace Real-Time Data Connectivity With Third-Party FinTechs
Banks Embrace Real-Time Data Connectivity With Third-Party FinTechs
June 18, 2020  |  B2B Payments

With a focus on expanding functionality for business customers, financial institutions (FIs) this week turned to FinTechs that could facilitate real-time data connectivity and analysis....

READ MORE >
FIS Launches Pay By Bank Payments Through Its Open Banking Hub
FIS Launches Pay By Bank Payments Through Its Open Banking Hub
June 18, 2020  |  Payment Methods

A new service from FIS, Open Banking Hub, will allow customers to pay for items directly from their bank account, which has the benefit of...

READ MORE >
Credorax, Samsung To Introduce Blockchain-Based Open Banking
Credorax, Samsung To Introduce Blockchain-Based Open Banking
June 10, 2020  |  B2B Payments

Credorax, the smart payments provider and FinTech, has announced a partnership with Samsung to develop blockchain technology to offer open banking services, according to a...

READ MORE >