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.

Why Turkish Banks Are Bullish On PSD2
Why Turkish Banks Are Bullish On PSD2
January 02, 2020  |  Regulation

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Open Banking Overcomes The Data Obstacle Of Paper
Open Banking Overcomes The Data Obstacle Of Paper
December 30, 2019  |  B2B Payments

The Open Banking business model has derived mixed reactions from the financial services market, and without a regulatory mandate in the U.S., it’s not entirely...

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Small Business Banking Braces For More Disruption
Small Business Banking Braces For More Disruption
December 27, 2019  |  B2B Payments

With regulations surrounding data ownership, privacy and open banking now in full swing in multiple markets around the globe, opening up account data is now...

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Rethinking The Roles Of Data, Accountants In SMB Finance
Rethinking The Roles Of Data, Accountants In SMB Finance
December 19, 2019  |  B2B Payments

FinTech and automation technology have cast a shadow of anxiety on the accounting industry in recent years, as certified public accountants (CPAs) began to wonder...

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How Open Banking, Faster Payments Change Banks’ Fraud Threat
How Open Banking, Faster Payments Change Banks’ Fraud Threat
December 19, 2019  |  B2B Payments

An explosion of FinTech innovation has jump-started traditional financial institutions’ (FIs) digitization efforts. M&A initiatives and partnerships, Open Banking business models and data integrations, and...

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Top News In Payments: Open Banking Could Expand In UK; Goldman Leads $1.75B Credit Line For WeWork
Top News In Payments: Open Banking Could Expand In UK; Goldman Leads $1.75B Credit Line...
December 18, 2019  |  News

In today’s top payments news, the Financial Conduct Authority proposed new data sharing rules to expand open banking in the U.K., and WeWork received $1.75...

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UK Regulator Looks To Expand Open Banking Beyond Banking
UK Regulator Looks To Expand Open Banking Beyond Banking
December 18, 2019  |  Bank Regulation

In the U.K., Open Banking could be expanded soon to allow for data sharing between a much larger range of finance companies, according to the...

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APIs Explore The Opportunity Of Mid-Market Liquidity Management
APIs Explore The Opportunity Of Mid-Market Liquidity Management
December 17, 2019  |  B2B Payments

As open banking frameworks take root in more markets around the globe, the model of data integration continues to also take shape in the business...

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Open Banking Casts Global Net
Open Banking Casts Global Net
December 17, 2019  |  B2B Payments

Open Banking is making its rounds across the globe as regulators embrace financial services industry competition, and as financial services players — both banks and...

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