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.

Yapily, Soldo Team to Help SMBs Manage Payments
Yapily, Soldo Team to Help SMBs Manage Payments
July 12, 2022  |  SMBs

Open banking platform Yapily and spend management company Soldo have partnered to help businesses in Europe maintain visibility over their payments and control spending. Get...

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BIS Study Finds Lack of API Standards Is Cross-Border Payments’ Biggest Challenge
BIS Study Finds Lack of API Standards Is Cross-Border Payments’ Biggest Challenge
July 12, 2022  |  Cross-border Payments

The Bank for International Settlements (BIS) published on Friday (July 8) a report highlighting the benefits of interlinking arrangements and application programming interfaces (APIs) to...

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Open Banking Weekly: Europe Gives Glimpse Into the Future of Open Finance
Open Banking Weekly: Europe Gives Glimpse Into the Future of Open Finance
July 08, 2022  |  Banking

The phrase open finance refers to a broadening of the original remit of open banking to include a greater range of services. In the context...

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PSD3 Set to Mandate API Standardization
PSD3 Set to Mandate API Standardization
July 06, 2022  |  API

Last month, the European Banking Authority (EBA) published a response to the European Commission’s call for advice on the upcoming review of the revised Payment...

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Turkish FinTechs See Growing Business Opportunities in Neighboring Europe
Turkish FinTechs See Growing Business Opportunities in Neighboring Europe
July 06, 2022  |  Business

Turkey has always been a bridge between continents, but while most of the country’s landmass is located on the Asian side of the continental divide,...

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Paytrail, Mastercard Partnership Boosts Open Banking in eCommerce
Paytrail, Mastercard Partnership Boosts Open Banking in eCommerce
July 05, 2022  |  Partnerships

Paytrail, a Finnish online payment company, announced Monday (July 4) that its partnership with Mastercard is helping facilitate more than 1 million open banking payments...

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Mono Grows Nigerian Open Banking Platform Into Kenya
Mono Grows Nigerian Open Banking Platform Into Kenya
July 05, 2022  |  Startups

Nigerian open banking startup Mono, which gives customers access to financial data and bank payments for digital businesses across Africa through its infrastructure, has added...

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GoCardless Secures Goes Open Banking With Nordigen Buy
GoCardless Secures Goes Open Banking With Nordigen Buy
July 01, 2022  |  Acquisitions

Digital payment solution GoCardless is to acquire Nordigen, an open banking data provider. In merging, the companies connect the two pillars of open banking: account-to-account...

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Weekly TechREG EMEA: EU Agrees on Crypto Regulation With Strict Controls on Stablecoins; EU Banking Regulator Proposes Standard APIs To Boost Open Banking 
Weekly TechREG EMEA: EU Agrees on Crypto Regulation With Strict Controls on Stablecoins; EU Banking...
July 01, 2022  |  Regulation

This week the most notorious development in the TechREG space is the agreement reached by EU institutions on the scope of the regulation that will...

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