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 FinTechs Target SMB Underwriting Pains
Open Banking FinTechs Target SMB Underwriting Pains
February 23, 2021  |  B2B Payments

While traditional banks continue to collaborate with FinTechs and facilitate data integrations to strengthen their product offerings for small- to medium-sized businesses (SMBs), more FinTechs...

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Lloyds Bank Brands Can Use Mastercard’s Open Banking Connect 
Lloyds Bank Brands Can Use Mastercard’s Open Banking Connect 
February 23, 2021  |  Payment Methods

Lloyds Bank credit card holders, including Halifax and the Bank of Scotland, can now use Mastercard’s Open Banking Connect to transfer funds, make withdrawals and...

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Atom Collaborates With Plaid On SMB Open Banking
Atom Collaborates With Plaid On SMB Open Banking
February 16, 2021  |  B2B Payments

To launch open banking services for its clients, British financial institution Atom is teaming with open finance platform Plaid. The latter company lets clients provide...

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The Clearing House: New Data Risk Assessment Facilitates Bank/FinTech Collaboration
The Clearing House: New Data Risk Assessment Facilitates Bank/FinTech Collaboration
February 04, 2021  |  Risk Management

As mobile banking proliferates and digital-first initiatives become the hallmark of financial services, bringing FinTechs and banks together on the same page — literally —...

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FIs Embrace FinTech Options To Bolster Business Banking
FIs Embrace FinTech Options To Bolster Business Banking
February 02, 2021  |  B2B Payments

There is more than one way to embrace collaboration in today’s business banking environment. This week’s look at the latest in open banking and bank-FinTech...

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Quevos, Loyalty Programs, Digital Payments Top This Week’s News
Quevos, Loyalty Programs, Digital Payments Top This Week’s News
January 29, 2021  |  The Weekender

In this week’s news, we saw Quevos secure funding, new data on loyalty and rewards programs, and research on how nonprofits are using digital payments....

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Three Years On, Open Banking Broadens For Business Banking
Three Years On, Open Banking Broadens For Business Banking
January 26, 2021  |  B2B Payments

Last week, the U.K. marked its third anniversary of adopting its open banking framework, making it the leading market to drive the concept of unlocking...

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Open Banking Meets Instant Payments At The Online Checkout
Open Banking Meets Instant Payments At The Online Checkout
January 26, 2021  |  Payment Methods

Last week marked the third anniversary of PSD2, the regulation that launched open banking in the U.K. and Europe. And those three years have given...

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Three Years On, Open Banking’s Progress And Roadmap Ahead
Three Years On, Open Banking’s Progress And Roadmap Ahead
January 20, 2021  |  Banking

Anniversaries offer a moment to pause and reflect, and look back on what’s past and what’s to come. Get the Full Story Complete the form...

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