Mastercard is preparing to launch a new digital account opening experience for select U.S. debit and prepaid products. The program will use open banking solutions...
Account-to-account (A2A) payment solution Dwolla now offers open banking services. The new integration, announced Tuesday (Feb. 27), adds services like instant account verification, balance checks...
Nearly half of financial institution executives are concerned that open banking may not be a positive value proposition — especially in an environment of increasing...
Open banking is transforming the banking industry. It grants third-party FinTechs access to the financial data and funds traditional financial institutions (FIs) manage. Doing so...
Zūm Rails has raised $7.7 million to expand its open banking/instant payments solution. The Montreal-based company announced the $7.7 million ($10.5 million CAD) Series A funding round Thursday...
OpenPayd has partnered with TrueLayer to enhance the instant payment solutions it offers its clients. By leveraging TrueLayer’s open banking payment network throughout the United Kingdom and Europe,...
Financial technology firm FIS has formed a partnership with opening banking provider Banked. The collaboration is aimed at driving new pay-by-bank offerings for consumers and businesses, according to a Wednesday...
Matt Janiga, legal counsel and director of regulatory and public affairs at Trustly, told PYMNTS that the Consumer Financial Protection Bureau’s open banking rule, commonly...
eCommerce solutions firm Radial is partnering with open banking payment platform Link Money on a pay by bank tool for merchants. The tool uses Link Money’s proprietary artificial intelligence/machine...