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.

FinTechs Unite With Common Goal Of Banking-as-a-Service

FinTechs Unite With Common Goal Of Banking-as-a-Service
FinTechs Unite With Common Goal Of Banking-as-a-Service
July 14, 2020  |  B2B Payments

With bank-FinTech tie-ups growing more popular, FinTechs themselves are similarly discovering value in collaborating with each other to elevate their value proposition for joint financial...

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Digital IDs Help Open Banking Reach Its Fullest Potential
Digital IDs Help Open Banking Reach Its Fullest Potential
July 10, 2020  |  Banking

Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen, chief operating officer...

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Sowing The Seeds Of Agriculture Banking Modernization
Sowing The Seeds Of Agriculture Banking Modernization
July 08, 2020  |  B2B Payments

The farming and agriculture industry remains a pillar of society, and some of the world’s largest banks — like France’s Credit Agricole — first began...

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Community Banks Accelerate FinTech Integrations
Community Banks Accelerate FinTech Integrations
July 07, 2020  |  B2B Payments

Build, buy or partner? For more community banks, the latter strategy can fast-track digitization initiatives. Get the Full Story Complete the form to unlock this...

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Open Banking APIs Meet B2B Payments
Open Banking APIs Meet B2B Payments
July 06, 2020  |  API

Steady digitization in stale B2B payments and the open banking movement are two closely related and increasingly exuberant expressions of money’s digital makeover. While much...

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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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