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.

SMB eInvoicing, With A Responsibility To Both Protect And Share Data
SMB eInvoicing, With A Responsibility To Both Protect And Share Data
February 19, 2018  |  B2B Payments

Faster payment schemes are beginning to take root around the globe, and consumer payments are ready to embrace speed. Corporate payments? That’s another matter, as...

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Tapping Into The Goldmine Of Freelancers’ Financial Data
Tapping Into The Goldmine Of Freelancers’ Financial Data
February 12, 2018  |  B2B Payments

The EU’s PSD2 and Open Banking in the U.K. have shone a massive spotlight on the role of API technology in banking to open up...

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The Self-Employed’s Struggle To Not Get Left Behind By Challenger Banks
The Self-Employed’s Struggle To Not Get Left Behind By Challenger Banks
February 01, 2018  |  B2B Payments

Small businesses (SMBs) have no problem airing their grievances against big banks. Researchers from CivilisedBank released data last month that found nearly a quarter of...

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Open Banking Entices SMB Lender Investly To Go After Funding
Open Banking Entices SMB Lender Investly To Go After Funding
January 30, 2018  |  B2B Payments

Alternative lending platform Investly has announced plans to raise new funds and take advantage of the U.K.’s new Open Banking regulations, according to Peer2Peer Finance...

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Corporates Unprepared For GDPR, UK Government Warns
Corporates Unprepared For GDPR, UK Government Warns
January 29, 2018  |  B2B Payments

A new report released in the U.K. finds companies are unprepared for the upcoming General Data Protection Regulation (GDPR). A press release published last week...

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Closing The Books Is Now A Lesson In Corporate FinTech Innovation
Closing The Books Is Now A Lesson In Corporate FinTech Innovation
January 26, 2018  |  B2B Payments

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased...

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UK Federation Of Small Businesses Says AltFin Is Just Heating Up
UK Federation Of Small Businesses Says AltFin Is Just Heating Up
January 25, 2018  |  Alternative Finances

Small businesses face a mountain of financial challenges in the U.K., from late payments from their large corporate clients to a lack of access to...

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UK Banks Drag Feet On FinTech Data Sharing
UK Banks Drag Feet On FinTech Data Sharing
January 24, 2018  |  Bank Regulation

The U.K.’s new Open Banking rules, which enable FinTechs to branch into the mainstream banking industry, are being held up as big banks delay making...

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Across The Crypto Legal Bow, Lawsuits
Across The Crypto Legal Bow, Lawsuits
January 22, 2018  |  Regulation Roundup

And now begin the lawsuits. The regulators have been looking at cryptocurrency operators – and in the United States, at least, are firing shots across...

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