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.

Today In Payments Around The World: Grab Notches $300 Million: Saudi Arabia’s Open Banking Plan Seeks To Further Digital Innovation
Today In Payments Around The World: Grab Notches $300 Million: Saudi Arabia’s Open Banking Plan...
January 14, 2021  |  International

In today’s top payments news around the world, Grab Financial Group said it has raised $300 million in a funding round, while the Saudi Arabian...

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Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation
Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation
January 14, 2021  |  International

The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Get the Full Story...

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Open Banking Matures As FIs Eye Commercialization
Open Banking Matures As FIs Eye Commercialization
January 12, 2021  |  B2B Payments

More jurisdictions around the world are making headway in their open banking plans, and as this week’s roundup reveals, markets’ initiatives are maturing. While Saudi...

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From Cash Registers To Curbside, Innovation Continues To Drive NCR’s Digital-First Journey
From Cash Registers To Curbside, Innovation Continues To Drive NCR’s Digital-First Journey
January 06, 2021  |  Digital Banking

In a year that has seen almost unthinkable hardship and economic disruption from the global pandemic, two basic business tenets have emerged as key drivers...

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Revolut Accused Of Failing To Pay Employee Bonuses
Revolut Accused Of Failing To Pay Employee Bonuses
December 29, 2020  |  Legal

A dispute over worker bonuses initially led to a job action — and now a court case in Poland — claiming that the U.K.-based FinTech...

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Traditional FIs Drive Modernization Through FinTech Pairings
Traditional FIs Drive Modernization Through FinTech Pairings
December 29, 2020  |  B2B Payments

Traditional financial institutions (FIs) continue to anticipate future demands and make progress in their modernization efforts, but they’re not doing it alone. Get the Full...

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Finicity Expands Data Access Through APIs Via Agreement With Brex
Finicity Expands Data Access Through APIs Via Agreement With Brex
December 18, 2020  |  Data

A month after its purchase by Mastercard was cleared by the Department of Justice (DOJ), open banking platform Finicity announced on Friday (Dec. 18) that...

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Bank-FinTech Collaborations Digitize Trade Finance, Enhance Online Banking
Bank-FinTech Collaborations Digitize Trade Finance, Enhance Online Banking
December 17, 2020  |  B2B Payments

Bank-FinTech collaborations continue to go strong as financial institutions (FIs) focus on digitizing documents and processes, while providing enhanced digital banking experiences to their small...

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Today In Payments: New Funding Values Tink At $824 Million; Starbucks Shifts 45 Pct Of Stores Toward Drive-Thru, Order Ahead
Today In Payments: New Funding Values Tink At $824 Million; Starbucks Shifts 45 Pct Of...
December 11, 2020  |  News

In today’s top news, FinTech startup Tink raised €85 million to bring its valuation to €680 million, and Starbucks plans to shift more toward drive-thru...

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