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.

Noda Launches AI-Powered Tool for Designing Personalized Payment Pages
Noda Launches AI-Powered Tool for Designing Personalized Payment Pages
January 28, 2025  |  artificial intelligence

Open banking provider Noda has launched a tool that enables gaming streamers and content creators to design personalized payment pages in minutes, with no need...

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Method Raises $41.5 Million to Build Consumer-Permissioned Financial Connectivity
Method Raises $41.5 Million to Build Consumer-Permissioned Financial Connectivity
January 23, 2025  |  Investments

Method Financial has raised $41.5 million in a Series B funding round to continue building its solution for consumer-permissioned financial connectivity and expanding it to...

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UK’s FCA Charts Path From Open Banking to ‘Open Finance’
UK’s FCA Charts Path From Open Banking to ‘Open Finance’
January 22, 2025  |  Bank Regulation

Open banking’s roots lie with the United Kingdom, where PSD2, a decade ago, gave a tailwind to banks’ “opening” their data to third-party providers. As...

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i2c Credits ‘What If?’ Approach for New Payment Hub
i2c Credits ‘What If?’ Approach for New Payment Hub
January 22, 2025  |  Opinion

Technology plays a vital role in enabling innovation in banking and payments, i2c Global Head of Product Seth Perlman writes in a new PYMNTS eBook,...

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You Can’t Teach an Old Tech Stack New Payments Tricks
You Can’t Teach an Old Tech Stack New Payments Tricks
January 21, 2025  |  B2B Payments

The tech stack is the engine that keeps businesses running, but for many financial services firms, it remains a labyrinth of outdated systems and cumbersome...

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Partnerships Between Credit Unions and FinTechs Create ‘Proactive Future’
Partnerships Between Credit Unions and FinTechs Create ‘Proactive Future’
January 16, 2025  |  Partnerships

In the past, financial institutions and FinTechs competed with one another, jostling for clients’ accounts, loyalty and debit card spending. Times have changed, Velera Vice...

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Ingo’s Edwards Credits ‘Culture of Possibility’ for Embedded Banking Progress
Ingo’s Edwards Credits ‘Culture of Possibility’ for Embedded Banking Progress
January 15, 2025  |  Opinion

Technology can mitigate risk, enhance security and optimize customer interactions in banking and payments, Ingo Payments CEO Drew Edwards writes in a new PYMNTS eBook,...

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Citi Says Developer Portal Is Bank’s Innovation Accelerator
Citi Says Developer Portal Is Bank’s Innovation Accelerator
January 13, 2025  |  Banking

As platforms, corporates and financial institutions scale and bring personalized financial products and solutions to their end customers, application programming interfaces (APIs) are proving to...

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46% of US Consumers Show Interest in Open Banking for Bill Pay
46% of US Consumers Show Interest in Open Banking for Bill Pay
January 10, 2025  |  Payments Innovation

In the modern business landscape, adopting open payments platforms is no longer optional; it’s a necessity. A PYMNTS Intelligence report, “Three Things You Need to...

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