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.

Today In Data: Managing Data’s New Normal
Today In Data: Managing Data’s New Normal
November 19, 2018  |  Today In Data

One out of every 10 Starbucks orders goes through its mobile app – and though Starbucks is more successful than your average player with mobile,...

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KPMG: In Open Banking, ‘Fortune Favors The Brave’
KPMG: In Open Banking, ‘Fortune Favors The Brave’
November 16, 2018  |  Banking

Nearly a year on, Open Banking has a bit of mileage behind it and roadmap stretching ahead. Far-flung governments are requiring banks to make customer...

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How IBM Aims To Make Banks Open To Open Banking
How IBM Aims To Make Banks Open To Open Banking
November 15, 2018  |  API

In the open banking era, banks can no longer think of themselves as just banks, says Tom Eck, chief technology officer at IBM. In the...

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TRENDING: IBM’s Plan To Help Banks Embrace Open Banking
TRENDING: IBM’s Plan To Help Banks Embrace Open Banking
November 14, 2018  |  API

Open banking initiatives are changing the way banks operate and engage with third parties and partners. However, those are not the only changes the movement...

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Where Bank Account Data Alone Falls Short For SMB FinTech
Where Bank Account Data Alone Falls Short For SMB FinTech
November 13, 2018  |  B2B Payments

An application program interface (API) ecosystem is growing to transform the financial services (FinServ) sector, and small business (SMB) banking won’t be left out of...

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API Sandbox And Open Banking Collaboration Debut In UAE
API Sandbox And Open Banking Collaboration Debut In UAE
November 06, 2018  |  B2B Payments

Open banking and APIs make inroads into the United Arab Emirates, via sandbox. In Asia, FinTech and FI collaboration work via Temenos and SPD Bank...

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How Open Banking Will Test Banks’ Data Security Strategies
How Open Banking Will Test Banks’ Data Security Strategies
November 02, 2018  |  B2B Payments

Whether driven by regulation or market competition, the financial services sector in several jurisdictions is progressing toward open banking, interconnectivity and a freer flow of...

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Open Banking Connects iwoca To Lloyds Account Data
Open Banking Connects iwoca To Lloyds Account Data
November 01, 2018  |  B2B Payments

U.K.-based alternative small business lender iwoca is linking into data from Lloyd’s Bank accounts to streamline loan underwriting for joint customers. In an announcement on...

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How PSD2 And Open Banking Impact Security
How PSD2 And Open Banking Impact Security
October 29, 2018  |  Security & Fraud

In the latest Digital Fraud Tracker Deep Dive, PYMNTS examines the authentication challenges posed by PSD2, GDPR and other data sharing initiatives.

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