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.

TechREG Weekly US: Approach to Crypto by Lawmakers and Regulators Differ; CFPB Increases Pressure on Big Tech and Credit Card Firms 
TechREG Weekly US: Approach to Crypto by Lawmakers and Regulators Differ; CFPB Increases Pressure on...
May 27, 2022  |  Regulation

This week, U.S. policymakers and regulators made their cases on crypto assets and central bank digital currencies (CBDCs). While regulators tend to be very skeptical...

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Digital Wallet Coingrig Users Can Link to Bank Accounts
Digital Wallet Coingrig Users Can Link to Bank Accounts
May 25, 2022  |  Digital-First Banking

Digital wallet Coingrig has integrated Nordigen’s open banking platform in a move the companies say will “increase the ease of bank connectivity to their digital...

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Open Banking Firm Yapily, B2B FinTech Two Partner on BNPL for SMBs
Open Banking Firm Yapily, B2B FinTech Two Partner on BNPL for SMBs
May 25, 2022  |  B2B Payments

London open banking application programming interface (API) startup Yapily is working with B2B buy now, pay later (BNPL) FinTech Two to help small- to medium-sized...

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Today in TechREG: CFPB Takes Steps to Implement Open Banking Principles; US Banking Regulator Says Crypto Dependent on ‘Hype’
Today in TechREG: CFPB Takes Steps to Implement Open Banking Principles; US Banking Regulator Says...
May 25, 2022  |  Regulation

Today in TechREG, the Consumer Financial Protection Bureau (CFPB) announced the creation of a new office in the agency to promote competition and innovation. When...

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CFPB Takes First Steps for Open Banking, Big Tech Scrutiny
CFPB Takes First Steps for Open Banking, Big Tech Scrutiny
May 25, 2022  |  CFPB

When Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra testified on Capitol Hill in late April about the agency’s future plans to promote open banking...

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PYMNTS AM Radar: MatchMove Buys Shopmatic, Hospitality in Virtual Kitchens
PYMNTS AM Radar: MatchMove Buys Shopmatic, Hospitality in Virtual Kitchens
May 23, 2022  |  Investments

Today is May 23. It’s Victoria Day in Canada. A holiday originally meant to mark the birthday of Queen Victoria, it now serves as a...

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Open Banking Bumpy but Adoption Curve Better Than Contactless Payments
Open Banking Bumpy but Adoption Curve Better Than Contactless Payments
May 23, 2022  |  Banking

Despite its potential to transform the financial services sector, the rollout of the open banking scheme in the U.K. to provide secure, third-party access to...

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Legacy Banks Must Step up Real-Time Data Analytics
Legacy Banks Must Step up Real-Time Data Analytics
May 19, 2022  |  Banking

In today’s fast-paced digital world, traditional financial institutions have a problem on their hands. Get the Full Story Complete the form to unlock this article...

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EU Regulator Launches PSD3, Open Finance Consultations
EU Regulator Launches PSD3, Open Finance Consultations
May 18, 2022  |  Regulation

The European Commission has launched a public consultation to gather information for its review of the second EU Payment Services Directive (PSD2). The same day,...

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