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.

PayPal Boosts Investment In Tink Open Banking Platform
PayPal Boosts Investment In Tink Open Banking Platform
June 03, 2020  |  Investments

PayPal has re-upped its stake in Tink with an investment of an undisclosed size that was part of a previously announced 90 million euro funding...

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FinTechs Take The Initiative In Bank Collaboration
FinTechs Take The Initiative In Bank Collaboration
June 03, 2020  |  B2B Payments

Bank-FinTech collaboration continues to proliferate in markets around the world. This week’s look at the latest tie-ups show the U.K. and Europe embracing FinTechs in...

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Real-Time Payments’ Real-Time Achilles Heel
Real-Time Payments’ Real-Time Achilles Heel
June 03, 2020  |  API

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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An API-Driven Fix To Digital-First Banking
An API-Driven Fix To Digital-First Banking
May 28, 2020  |  Digital-First Banking

The global financial space has been severely impacted by the ongoing COVID-19 pandemic, with social distancing and stay-at-home guidelines preventing customers from visiting bank branches...

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How Banks Can Guide FinTechs Through Their First Economic Downturn
How Banks Can Guide FinTechs Through Their First Economic Downturn
May 22, 2020  |  B2B Payments

From competitors to collaborators, the FinTech boom introduced a field of opportunity for traditional financial institutions to team up with an industry newcomer to become...

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FinTechs Aid Banks In Their Own Open Banking Initiatives
FinTechs Aid Banks In Their Own Open Banking Initiatives
May 21, 2020  |  B2B Payments

Open banking initiatives and bank-FinTech collaborations continue to expand in an effort to improve financial services offerings for small and medium-sized businesses (SMBs). This week’s...

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Trend Talk: The Year Of Payments Infrastructure
Trend Talk: The Year Of Payments Infrastructure
May 13, 2020  |  Digital Payments

Digital transformation isn’t just a pricey lesson in technobabble. It’s about operationalizing the smartest, fastest tech now available to financial institutions (FIs) to create the...

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Small Businss Banking Secures New FinTech Unicorn
Small Businss Banking Secures New FinTech Unicorn
May 08, 2020  |  B2B Payments

There may be talk of a venture capital slowdown, but B2B FinTech saw a busy week, with more than $280 million raised. Investors found promise...

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How SEB Keeps A Watchful Eye On Its B2B Payments APIs
How SEB Keeps A Watchful Eye On Its B2B Payments APIs
May 06, 2020  |  API

Glitches such as those arising from faulty APIs can lead up to 88 percent of app users to abandon them, making it make or break...

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