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.

How SEB Keeps A Watchful Eye On Its B2B Payments APIs
How SEB Keeps A Watchful Eye On Its B2B Payments APIs
May 06, 2020  |  API

Glitches such as those arising from faulty APIs can lead up to 88 percent of app users to abandon them, making it make or break...

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Deep Dive: How FIs Are Confronting Data Lag, Inadequacies In The Face Of Sophisticated Fraudsters
Deep Dive: How FIs Are Confronting Data Lag, Inadequacies In The Face Of Sophisticated Fraudsters
May 06, 2020  |  Fraud Prevention

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Merchants Deal With Data Regs As COVID-19 Clears
Merchants Deal With Data Regs As COVID-19 Clears
May 05, 2020  |  Regulation

Open banking was ready for its close-up when COVID-19 placed many such advanced initiatives on hold, in lieu of more practical and urgent considerations like...

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Open Banking Targets Pain Points — And Global Expansion
Open Banking Targets Pain Points — And Global Expansion
May 05, 2020  |  B2B Payments

Open banking remains on track to proliferate across the globe, in spite of the coronavirus pandemic. Rather, market volatility may actually be propelling open banking’s...

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Bankers On Fixing B2B Payments API Flaws
Bankers On Fixing B2B Payments API Flaws
May 05, 2020  |  API

Open application programming interfaces (APIs) are playing an increasingly important role in the financial industry as the field grows increasingly digital. Get the Full Story...

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Deep Dive: Asia-Pacific Countries Gear Up For Open Banking Despite COVID-19-Related Hurdles
Deep Dive: Asia-Pacific Countries Gear Up For Open Banking Despite COVID-19-Related Hurdles
May 04, 2020  |  Regulation

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Contextualizing The SMB Credit Score Through Open Banking
Contextualizing The SMB Credit Score Through Open Banking
May 01, 2020  |  B2B Payments

Businesses have a front-row seat to the market volatility resulting from coronavirus. As governments around the world work with financial institutions to connect these companies...

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Why APIs, Privacy Are Key To Open Banking Innovation
Why APIs, Privacy Are Key To Open Banking Innovation
May 01, 2020  |  Regulation

Asia-Pacific bank regulators have been crafting their own open-banking initiatives even since Europe rolled out similar rules in 2018. Their goal — follow the European...

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Today In Payments: Economists Warn Recession Recovery Will Be Slow; Facebook Daily Active Users Surge 11 Pct YoY
Today In Payments: Economists Warn Recession Recovery Will Be Slow; Facebook Daily Active Users Surge...
April 30, 2020  |  News

In today’s top news, economists warn that the economic downturn isn’t finished yet, and Facebook reported better than expected earnings. Plus, the Federal Reserve is...

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