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.

New Funding Values Swedish FinTech Startup Tink At $824 Million
New Funding Values Swedish FinTech Startup Tink At $824 Million
December 11, 2020  |  Fintech Investments

A new funding round for the Stockholm-based FinTech Tink boosted the startup’s valuation over 60 percent to €680 million ($825 million), according to a CNBC...

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Pandemic, Open Banking Give Boost To Digital-Only Banking
Pandemic, Open Banking Give Boost To Digital-Only Banking
December 09, 2020  |  Digital Banking

A tech upstart – a FinTech, no less – breaking even in 2020? Get the Full Story Complete the form to unlock this article and...

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Today In Digital-First Banking: Open Banking Provider Fabrick Teams With Nets; Societe Generale, Credit du Nord To Merge Retail Banking
Today In Digital-First Banking: Open Banking Provider Fabrick Teams With Nets; Societe Generale, Credit du...
December 08, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, open banking provider Fabrick is collaborating with instant payments company Nets, while Societe Generale and Credit du Nord...

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FIs Turn To FinTechs To Elevate Trade Finance
FIs Turn To FinTechs To Elevate Trade Finance
December 08, 2020  |  B2B Payments

While the bank-FinTech collaborative paradigm can enhance a wide array of solutions for corporate and small business end users, this week’s look at the latest...

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Synctera Brings ‘FinTech As A Service’ To Community Banks
Synctera Brings ‘FinTech As A Service’ To Community Banks
December 08, 2020  |  Digital-First Banking

Bet your last application programming interface (API) that the strong suits for FinTechs as the year heads to a close are innovation and user experience....

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Why The Future Of Corporate Banking Is All About Connectivity
Why The Future Of Corporate Banking Is All About Connectivity
December 03, 2020  |  B2B Payments

For all of the innovation that’s occurred in the banking landscape, it’s often consumers – not corporates – that benefit from the latest technologies. While...

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Merchants Get Clarity Around Compliance As Global Payment Regulations Evolve
Merchants Get Clarity Around Compliance As Global Payment Regulations Evolve
November 27, 2020  |  Bank Regulation

Compliance with financial regulations market-to-market around the globe is increasingly automated yet relies on the same human emotion that undergirds all forms of exchange: trust....

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Deep Dive: How Merchants Can Deploy Robust Digital Identification To Match Evolving Open Banking Standards
Deep Dive: How Merchants Can Deploy Robust Digital Identification To Match Evolving Open Banking Standards
November 25, 2020  |  Bank Regulation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Banks Embrace Direct Data Integrations For SMB Services
Banks Embrace Direct Data Integrations For SMB Services
November 24, 2020  |  B2B Payments

U.S. Bank is shifting away from screen scraping in favor of direct data connectivity, but it’s not the only financial institution (FI) embracing the data...

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