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.

Multi-Bank Connectivity Puts The Pressure On Treasury Tech
Multi-Bank Connectivity Puts The Pressure On Treasury Tech
October 24, 2019  |  B2B Payments

Financial institutions are investing significantly in embracing online banking and supporting a positive digital experience for their end-users. But when a multinational organization has dozens,...

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Open Banking Expands Its Horizons For Small Business Finserv
Open Banking Expands Its Horizons For Small Business Finserv
October 21, 2019  |  B2B Payments

The evolution of financial services has opened the door for open banking to take place. Get the Full Story Complete the form to unlock this...

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What Faster Payments Means For SMBs’ Multi-Bank Relationships
What Faster Payments Means For SMBs’ Multi-Bank Relationships
October 17, 2019  |  B2B Payments

Without regulatory mandates, the Open Banking wave is crashing on the shores of the U.S. financial services (FinServ) sector. Get the Full Story Complete the...

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Codat Pulls SMB Accounting Into The Open Banking Fold
Codat Pulls SMB Accounting Into The Open Banking Fold
October 16, 2019  |  B2B Payments

Small business (SMB) accounting FinTech Codat is teaming up with five°degrees to join its Open Banking partnership, according to Verdict on Tuesday (Oct. 15). Get...

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Paysend Wields Open Banking For Business Account Services
Paysend Wields Open Banking For Business Account Services
October 10, 2019  |  B2B Payments

U.K. FinTech Paysend is launching a new service for corporates to access integrated banking and payment services, the result of a collaboration with open banking...

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Trending: How EU Regulators Are Complicating SCA Compliance
Trending: How EU Regulators Are Complicating SCA Compliance
October 07, 2019  |  Regulation

Strong Customer Authentication (SCA) is just weeks-old and already mired in controversy. Merchants in the European Union (EU) are still wondering exactly what changes the...

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How Small FIs’ SMB Lending Journeys Nudge The US Toward Open Banking
How Small FIs’ SMB Lending Journeys Nudge The US Toward Open Banking
October 04, 2019  |  B2B Payments

To service Main Street businesses, it’s an obvious advantage for a financial institution to actually be on Main Street. For community banks and credit unions,...

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Trade Finance Gets Boost Via Banks, APIs
Trade Finance Gets Boost Via Banks, APIs
October 03, 2019  |  B2B Payments

HSBC debuts a new API geared toward trade finance. Separately, cross-border payments embrace business payments using XRP. In Russia, eight banks sign on to the Russian...

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