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.

Loan Servicing Gets a Lift From Open Banking Platforms

Loan Servicing Gets a Lift From Open Banking Platforms
Loan Servicing Gets a Lift From Open Banking Platforms
December 03, 2021  |  Loans

Lending, it’s been said, is as much art as science – and even in the 21st century, it is filled with friction. But with advanced...

READ MORE >
EMEA Daily: UK Enforces New Listing Rules for Exchanges; Facebook Faces Lawsuits Over Alleged EU Privacy Violations
EMEA Daily: UK Enforces New Listing Rules for Exchanges; Facebook Faces Lawsuits Over Alleged EU...
December 02, 2021  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, the U.K. revises listing rules for exchanges; Facebook could face potential litigation over alleged European...

READ MORE >
UK’s FCA Scraps 90-Day Reauthentication Open Banking Rule
UK’s FCA Scraps 90-Day Reauthentication Open Banking Rule
December 02, 2021  |  Banking

The U.K.’s Financial Conduct Authority (FCA) has scrapped the 90-day reauthorization requirement, a move seen as a boon for the open banking sector. Get the...

READ MORE >
CFPB Lays Groundwork for Open Banking’s US Push
CFPB Lays Groundwork for Open Banking’s US Push
December 02, 2021  |  Banking

Open banking may have its roots across the pond, in the United Kingdom, but it’s fair to say the United States is quickly putting its...

READ MORE >
EMEA Daily: Ericsson Acquires Vonage in $6.2B Stock Deal; UK Leads EU in Driving Global Growth In HealthTech Sector
EMEA Daily: Ericsson Acquires Vonage in $6.2B Stock Deal; UK Leads EU in Driving Global...
November 22, 2021  |  International

In today’s top Europe, Middle East and Africa news, Ericsson acquires Vonage in $6.2bn stock deal, and the U.K. leads the EU in driving global...

READ MORE >
UK Finance Calls for New Open Banking Standards
UK Finance Calls for New Open Banking Standards
November 22, 2021  |  Banking

The U.K. should develop new open banking standards, according to a new report on open banking payments issued by the trade association UK Finance. Get...

READ MORE >
Polish Consumers Embrace Open Banking, BNPL Solutions
Polish Consumers Embrace Open Banking, BNPL Solutions
November 22, 2021  |  Buy Now Pay Later

Six banks and one million customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

READ MORE >
Aiia, Netcompany Team Up to Develop Bill Payment Platform in Denmark
Aiia, Netcompany Team Up to Develop Bill Payment Platform in Denmark
November 16, 2021  |  Digital-First Banking

European open banking company Aiia is working with Nordic-based software company Netcompany to help boost open banking and help Danish residents pay bills and invoices,...

READ MORE >
Mastercard’s Aiia Powers New Platform to Bring Open Banking to the Masses in Denmark
Mastercard’s Aiia Powers New Platform to Bring Open Banking to the Masses in Denmark
November 16, 2021  |  Digital-First Banking

Convenience is the order of the day, especially after the onset of the pandemic, and it continues to be the key driver behind consumer action,...

READ MORE >