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.

Monetary Authority Of Singapore: What It Will Take To Win Digital Banking Licenses
Monetary Authority Of Singapore: What It Will Take To Win Digital Banking Licenses
January 31, 2020  |  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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Banks, FinTechs Find New Open-Data Use Cases
Banks, FinTechs Find New Open-Data Use Cases
January 30, 2020  |  B2B Payments

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives,...

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Why Corporate Banks’ Should Seize Purchase-To-Pay Data Opportunity
Why Corporate Banks’ Should Seize Purchase-To-Pay Data Opportunity
January 29, 2020  |  B2B Payments

Despite its rising popularity, open banking and data sharing frameworks were not necessarily opportunities toward which banks initially jumped. Get the Full Story Complete the...

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How Faster Payments Can Show Future Of SMB Cash Flow
How Faster Payments Can Show Future Of SMB Cash Flow
January 28, 2020  |  B2B Payments

Advances in data integration and automation have taken small- to medium-sized business (SMB) accounting to the next level. Get the Full Story Complete the form...

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India Set To Pass Payments Data Protection Law
India Set To Pass Payments Data Protection Law
January 22, 2020  |  International

Will India prove to be a model for open banking? Will it be a fast follower – or a cautionary tale? Get the Full Story...

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Bank-FinTech Tie-Ups Continue Despite SMB Skepticism
Bank-FinTech Tie-Ups Continue Despite SMB Skepticism
January 21, 2020  |  B2B Payments

While Open Banking initiatives and data integrations between banks and FinTech firms have begun to target corporate and small business (SMB) end users, new research...

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Top News In Payments: UK Regulators’ Data Violation Fines Top $126M; Google CEO Calls For AI Governance
Top News In Payments: UK Regulators’ Data Violation Fines Top $126M; Google CEO Calls For...
January 20, 2020  |  News

In today’s top payments news, U.K. regulators have levied $126 million in fines for data violations since mid-2018, Google CEO Sundar Pichai calls for international...

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Swedish Open Banking Startup Tink Closes €90M Funding Deal
Swedish Open Banking Startup Tink Closes €90M Funding Deal
January 20, 2020  |  Fintech Investments

Sweden’s open banking platform Tink raised €90 million in an investment round co-led by Dawn Capital, HMI Capital and Insight Partners, Tink announced on Monday...

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B2B APIs Bring Access And Speed To Finance
B2B APIs Bring Access And Speed To Finance
January 16, 2020  |  API

Open banking and its promise of more elasticity in finance is enabled by application program interfaces (APIs) — lines of code that execute everything from...

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