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.

Entrepreneurs Becoming A Driving Force Behind Data Sharing In The US
Entrepreneurs Becoming A Driving Force Behind Data Sharing In The US
July 27, 2018  |  B2B Payments

Europe and the U.K. solidified their reputations as having progressive views on data security and ownership with the PSD2 and GDPR regulations that came into effect...

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Unbundled Banking Faces New Skepticism — And Fresh Prospects
Unbundled Banking Faces New Skepticism — And Fresh Prospects
July 12, 2018  |  Banking

Inevitable? Maybe (even if one’s view of inevitability may depend on one’s views of science and history). Well-financed and backed by significant IT focus? Yep....

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Xero Connects To BBVA Compass Accounts Via API
Xero Connects To BBVA Compass Accounts Via API
July 12, 2018  |  B2B Payments

Small business accounting software provider Xero is linking users’ accounts to their BBVA Compass bank accounts via API, the company announced on Wednesday (July 11)....

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CODE Investing Talks AltFin And Bank-FinTech Collaboration
CODE Investing Talks AltFin And Bank-FinTech Collaboration
July 11, 2018  |  Alternative Finances

The story of alternative finance is now well-known across the small business (SMB) lending community: Heightened risk management and capital requirements imposed on traditional lenders...

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FinTech Follows Open Banking As It Spreads Across Borders
FinTech Follows Open Banking As It Spreads Across Borders
July 10, 2018  |  B2B Payments

The U.K.’s Open Banking regulation made waves in the financial services market, and those effects have been felt far beyond the U.K.’s — and even...

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Equifax Forms Open Banking Alliance With consents.online
Equifax Forms Open Banking Alliance With consents.online
July 09, 2018  |  Partnerships / Acquisitions

Equifax, the consumer and business insights expert, has formed a strategic alliance with consents.online, a digital consent management and AISP-accredited open banking platform. In a...

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Tech Firms Hit Speed Bumps In GDPR Adoption
Tech Firms Hit Speed Bumps In GDPR Adoption
July 09, 2018  |  Data

It’s been just a few weeks since the General Data Protection Regulation (GDPR) took effect — and speed bumps remain. As noted this past week,...

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Canada’s FinTech Firms Move Posthaste Toward Open Banking
Canada’s FinTech Firms Move Posthaste Toward Open Banking
July 06, 2018  |  B2B Payments

While Open Banking is not exclusive to the European markets, recent PSD2 and Open Banking regulations that came into effect earlier this year offer an...

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B2B Investors Back The Enterprise’s Digital Revolution
B2B Investors Back The Enterprise’s Digital Revolution
July 06, 2018  |  B2B Payments

Some companies struggle to let go of paper and legacy infrastructure, but venture capitalists (VC) this week are focusing their support on B2B startups looking...

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