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.

FICO Teams With Open-Finance.ai for Real-Time Credit Assessments

FICO Teams With Open-Finance.ai for Real-Time Credit Assessments
FICO Teams With Open-Finance.ai for Real-Time Credit Assessments
July 20, 2022  |  Partnerships

Global predictive analytics company FICO is partnering with open banking and financial services firm Open-Finance.ai to assist banks and FinTechs in speeding up and improving the decision-making...

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PYMNTS GCC Series: Big Tech Firms Set Up Shop in Qatar
PYMNTS GCC Series: Big Tech Firms Set Up Shop in Qatar
July 19, 2022  |  emea

In this fifth installment in a PYMNTS series on the state of FinTech in the Gulf Cooperation Council (GCC) countries, we take a look at...

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EU Plans Instant Payment Regulation in 2022, US Eyes FedNow for 2023
EU Plans Instant Payment Regulation in 2022, US Eyes FedNow for 2023
July 19, 2022  |  Regulation

Real-time payments (RTP), account-to-account (A2A) payments and instant payments all refer to the ability to process payments in seconds. This is one of the next...

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EQ Bank Teams With Open Banking Platform Flinks
EQ Bank Teams With Open Banking Platform Flinks
July 14, 2022  |  Partnerships

EQ Bank, part of Canada’s Equitable Bank family, has joined forces with Montreal-based open banking platform Flinks to give EQ Bank customers the ability to...

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Plaid Adds Support for Digital Asset Exchanges
Plaid Adds Support for Digital Asset Exchanges
July 14, 2022  |  Digital Banking

Payment processing firm Plaid is now supporting digital asset exchanges and investment platforms to meet the growing number of people using cryptocurrencies. Get the Full...

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PYMNTS GCC Series: Bahrain Drives Open Banking Adoption in MENA
PYMNTS GCC Series: Bahrain Drives Open Banking Adoption in MENA
July 12, 2022  |  Banking

In the second installment of this series on the state of FinTech ecosystems in the Gulf Cooperation Council (GCC), PYMNTS will be taking a look...

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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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