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.

Banks Embrace Real-Time Data Connectivity With Third-Party FinTechs

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....

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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...

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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...

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Open Banking By The Book
Open Banking By The Book
June 10, 2020  |  Digital Banking

Land rushes. Gold rushes. Now comes the rush to digitally onboard consumers who, driven by the fear of touching things that could be contaminated with...

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BNP Paribas Boosts V-Card Adoption Within Coupa
BNP Paribas Boosts V-Card Adoption Within Coupa
June 10, 2020  |  B2B Payments

Bank-FinTech collaboration continues as more industry stakeholders consider the value of open banking and areas of operations most prime to benefit from the business model....

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AML/KYC Fast-Tracked In Open Banking Boom
AML/KYC Fast-Tracked In Open Banking Boom
June 09, 2020  |  Digital Banking

In PYMNTS’ most recent Navigating the COVID-19 Pandemic series, based on surveys of thousands of consumers and businesses over the duration, nearly 34 percent of...

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Deep Dive: COVID-19’s Global Impact On Open Banking And Online Privacy Regulations
Deep Dive: COVID-19’s Global Impact On Open Banking And Online Privacy Regulations
June 09, 2020  |  Bank Regulation

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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Is Data Aggregation The Key To Banking’s Future?
Is Data Aggregation The Key To Banking’s Future?
June 09, 2020  |  Real Estate

The pandemic is spurring new opportunities for financial institutions (FIs) of all sizes to improve the range of services they deliver to end users amid...

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B2B APIs Bring Connectivity, Security To The Cloud
B2B APIs Bring Connectivity, Security To The Cloud
June 08, 2020  |  API

That “digital transformation” you can’t stop thinking about is made possible by droves of application programming interfaces (APIs) — clever lines of specialized code that...

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