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.

Open Banking And The Lure Of Bulk Payments For UK SMBs

Open Banking And The Lure Of Bulk Payments For UK SMBs
Open Banking And The Lure Of Bulk Payments For UK SMBs
June 29, 2021  |  B2B Payments

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EU Oversight Group Outlines Digital Path For Faster Transition To Open Banking
EU Oversight Group Outlines Digital Path For Faster Transition To Open Banking
June 28, 2021  |  Digital Banking

There are guideposts along the way to open banking readiness. To that end, the Euro Banking Association’s (EBA) Open Banking Working Group said on Monday...

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Deep Dive: The Impact Of Interchange Fees And How Global Firms Can Optimize Cross-Border Payments
Deep Dive: The Impact Of Interchange Fees And How Global Firms Can Optimize Cross-Border Payments
June 28, 2021  |  B2B Payments

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Galileo CEO: The Bank Of The Future Will Feel As Different As Paper Maps Of The Past
Galileo CEO: The Bank Of The Future Will Feel As Different As Paper Maps Of...
June 28, 2021  |  Digital Banking

As banks move from closed to open platforms, Galileo CEO Derek White tells PYMNTS those that want to survive — and thrive — will need...

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Connected Economy, Loyalty, B2B Payments Top This Week’s News
Connected Economy, Loyalty, B2B Payments Top This Week’s News
June 25, 2021  |  The Weekender

In this week’s news, we saw data on the connected economy and news on McDonald’s loyalty rollout. Also, new insights have emerged on business-to-business (B2B)...

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Why Visa Thinks Tink Is The Way To Go For Open Banking
Why Visa Thinks Tink Is The Way To Go For Open Banking
June 24, 2021  |  Banking

Barely five months after abandoning its bid to buy data Plaid, Visa is again going the data aggregation route — but this time in open...

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Visa Acquiring Swedish Open Banking Platform Tink For $2.1B
Visa Acquiring Swedish Open Banking Platform Tink For $2.1B
June 24, 2021  |  Partnerships / Acquisitions

Visa is acquiring the Swedish open banking platform Tink for $2.1 billion after backing out of a $3.5 billion deal to buy the Silicon Valley...

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Banks Keep Biz Cards, Modernization At The Top Of Their FinTech Collab Agendas
Banks Keep Biz Cards, Modernization At The Top Of Their FinTech Collab Agendas
June 22, 2021  |  B2B Payments

FinTech collaborations can help banks modernize in a variety of ways, from introducing a new, digital-first product to overhauling internal legacy infrastructure. This week’s look...

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TrueLayer: Instant Refunds Key To Bringing Open Banking Payments Mainstream
TrueLayer: Instant Refunds Key To Bringing Open Banking Payments Mainstream
June 22, 2021  |  Payment Methods

The groundswell for open banking is here. Banks in the U.K. are now seeing more open banking payments volume in a single month than what...

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