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.

EBay Unveils AI-Powered Seller Tools and Open Banking-Powered Financing

EBay Unveils AI-Powered Seller Tools and Open Banking-Powered Financing
EBay Unveils AI-Powered Seller Tools and Open Banking-Powered Financing
August 14, 2025  |  eCommerce

EBay unveiled more seller tools and an open banking-powered financing solution for sellers. Get the Full Story Complete the form to unlock this article and...

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FinTech Leaders Ask Trump to Block Banks’ ‘Account Access’ Fees
FinTech Leaders Ask Trump to Block Banks’ ‘Account Access’ Fees
August 14, 2025  |  Banking

More than 80 leaders of FinTech companies, crypto companies and other firms involved with open banking signed a public letter asking President Donald Trump to...

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UK’s FCA Seeks Feedback on Future Open Banking Standard-Setting Body
UK’s FCA Seeks Feedback on Future Open Banking Standard-Setting Body
August 08, 2025  |  Legal & Regulation

The U.K.’s Financial Conduct Authority (FCA) will continue to engage with the industry as it works to establish a new standard-setting body for open banking...

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CFPB Tells Court It Will Rewrite Rule 1033
CFPB Tells Court It Will Rewrite Rule 1033
July 29, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) asked a judge Tuesday (July 29) to stay a lawsuit challenging the open banking rule implemented last year by the...

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FinTechs and Retailers Press President Trump on Rule 1033
FinTechs and Retailers Press President Trump on Rule 1033
July 25, 2025  |  Legal & Regulation

For open banking to function, traditional financial institutions and FinTechs must collaborate as data is passed from the traditional players to digital innovators, forging new...

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Virgin Media O2 to Adopt Trustly’s Open Banking Services
Virgin Media O2 to Adopt Trustly’s Open Banking Services
July 23, 2025  |  Partnerships

United Kingdom telecommunications company Virgin Media O2 (VMO2) plans to adopt Trustly’s open banking services so it can offer VMO2 customers direct debit account automation...

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JPMorgan’s Dimon Bullish on JPM Coin and Consumer Spending
JPMorgan’s Dimon Bullish on JPM Coin and Consumer Spending
July 15, 2025  |  Earnings

JPMorgan released second-quarter earnings results Tuesday (July 15) that spotlighted a thus far negligible impact from tariffs. Get the Full Story Complete the form to...

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JPMorgan Opens Door for Open Banking Data ‘Tariffs’ and Upends Aggregators
JPMorgan Opens Door for Open Banking Data ‘Tariffs’ and Upends Aggregators
July 14, 2025  |  Banking

In his 2024 annual letter to shareholders, released April 7, JPMorgan CEO Jamie Dimon wrote that “a new battle is brewing. Third parties want full...

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