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.

Banks Leap From Legacy Core Systems to Innovation, Real-Time Capability
Banks Leap From Legacy Core Systems to Innovation, Real-Time Capability
July 01, 2022  |  Banking

In the world of open banking and open finance, core banking systems are no longer just a concern for the world’s biggest banks. Get the...

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UK Seeks Guidance on New Open Banking Roadmap, Regulator
UK Seeks Guidance on New Open Banking Roadmap, Regulator
June 29, 2022  |  Bank Regulation

Last week, on June 24, the U.K. Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) issued two different statements about the future of...

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Trustly, Gr4vy Ink Deal for Open Banking Payment Services
Trustly, Gr4vy Ink Deal for Open Banking Payment Services
June 28, 2022  |  Partnerships

Global open banking account-to-account transaction provider Trustly has formed a partnership that will see it added as a payment option on cloud-based payments platform Gr4vy,...

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Today in TechREG: EBA Recommends Standard API for Open Banking
Today in TechREG: EBA Recommends Standard API for Open Banking
June 28, 2022  |  Technology

Today in TechREG, the European Banking Authority (EBA) recommended the adoption of a standard API across Europe to boost the adoption of open banking. Get...

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EBA Recommends a Standard API for Open Banking in New PSD3 
EBA Recommends a Standard API for Open Banking in New PSD3 
June 28, 2022  |  Bank Regulation

The European Banking Authority (EBA) published on Thursday, June 23 an opinion in response to the European Commission’s call for advice on the upcoming review...

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UK Open Banking Users Top 6 Million
UK Open Banking Users Top 6 Million
June 22, 2022  |  Banking

More than 6 million individuals and businesses in the United Kingdom regularly use open banking services, the U.K.’s Open Banking Implementation Entity (OBIE) announced in...

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State of Open Banking in Europe, Africa and the Middle East
State of Open Banking in Europe, Africa and the Middle East
June 21, 2022  |  emea

Open Banking (OB) refers to the use of open-source technology and data-sharing in the delivery of financial services. The goals of a more open financial...

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Mastercard Launches Start Path Open Banking Global Initiative
Mastercard Launches Start Path Open Banking Global Initiative
June 15, 2022  |  Banking

Mastercard has unveiled its Start Path Open Banking global program, an effort to help open banking startups scale, uncover opportunities to innovate and create new...

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PYMNTS Intelligence: How Open Banking Developments Are Shaping the Future of BaaS
PYMNTS Intelligence: How Open Banking Developments Are Shaping the Future of BaaS
June 15, 2022  |  Digital-First Banking

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