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.

Bank Of England To Issue More Cybersecurity Guidelines For UK Banks
Bank Of England To Issue More Cybersecurity Guidelines For UK Banks
April 10, 2018  |  Bank Regulation

A Bank of England official warned on Monday (April 9) that the U.K.’s financial system is under cyberattack almost constantly, prompting regulators to soon roll out new...

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EU And Tech Firm Taxes Dominate Regulatory Landscape
EU And Tech Firm Taxes Dominate Regulatory Landscape
March 19, 2018  |  News

Tax season, indeed. The regulatory landscape was dotted with news out of Europe centered on the way that tech firms do business — and how...

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ASEAN Banks Eager For Real-Time Payments
ASEAN Banks Eager For Real-Time Payments
March 14, 2018  |  B2B Payments

Banks across the Association of Southeast Asian Nations (ASEAN) region expect real-time payments to come with some major benefits to their businesses, according to new...

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Fizzle Of The Week: Bitcoin — The Bad Neighbor
Fizzle Of The Week: Bitcoin — The Bad Neighbor
March 02, 2018  |  Sizzle/Fizzle

Bitcoin mining, like its real-world counterpart, uses a lot of power. Exactly how much constitutes “a lot” is a bit of a debate. The most...

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TransNational Rolls Out Payments API With AI-Powered Security
TransNational Rolls Out Payments API With AI-Powered Security
March 02, 2018  |  B2B Payments

TransNational Payments is launching a payments application programming interface (API) for developers, the company announced on Thursday (March 1). In a press release, TransNational revealed...

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Could India’s FinServ Market Be Primed For Open Banking?
Could India’s FinServ Market Be Primed For Open Banking?
March 01, 2018  |  B2B Payments

PSD2 opened the floodgates for open banking across Europe and the U.K. While the U.S. hasn’t had such regulatory pressure, signs that banks are opening...

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Lack Of Customer Trust May Thwart Open Banking’s $1.4B GDP Bump
Lack Of Customer Trust May Thwart Open Banking’s $1.4B GDP Bump
February 27, 2018  |  B2B Payments

The U.K.’s gross domestic product (GDP) is headed for a significant boost thanks to recent Open Banking legislation, according to analysis from the Centre for...

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Checks, Data Sharing Limits Force B2B FinTechs To Find A Workaround
Checks, Data Sharing Limits Force B2B FinTechs To Find A Workaround
February 27, 2018  |  B2B Payments

Analytics technologies like machine learning, artificial intelligence (AI) and robotics process automation (RPA) turned cash flow forecasting into more of a science than it’s ever...

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How The API Revolution Fuels Corporates’ SaaS Fatigue
How The API Revolution Fuels Corporates’ SaaS Fatigue
February 22, 2018  |  B2B Payments

Without a doubt, small businesses (SMBs) have more choice than ever before when adopting new technologies, and many of those new tools, from accounting to...

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