Banks and fintechs are connecting digitally to share data, amid litigation over a rule to spur competition for financial ...
This post is the fourth and final in a series discussing Open Banking, its implementations, and its implications. The start of the series is here, and all of the posts in the series are available here ...
If a business wants to let a software program consume its banking data, it typically needs to go through a long series of processes, involving extensive paperwork and implementation, to do so.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The Open API platform, will enable banks and financial institutions to ...
"Open" has recently become a new buzzword in the financial services industry, i.e. open data, open APIs, open banking… , but what does this new buzzword really mean? "Open" refers to the capability of ...
Most people within financial services are familiar with the term open banking, the concept of allowing data to flow in a controlled fashion from one repository to another, i.e. from banks to third ...
As part of moves toward the next phase of banking reform, the Bank of Ghana (BoG) is set to pilot its open banking framework ...
America’s financial system has always thrived on a delicate balance between innovation and security, freedom and fairness, ...
TrueLayer, the London startup that’s built a developer API platform for fintechs and other adjacent companies to utilise open banking, has agreed to a strategic and commercial relationship with Visa.
API standardization in Open Banking can be likened to forging a universal financial lexicon. By adopting a standardized protocol, diverse financial systems can harmonize their operations, giving birth ...
This article is the second in a two-part series. Part one explored major pressures banks face as API-driven, open banking ecosystems emerge across global markets. Part two will explore the best ...
At this point in your life as a consumer, you’re accustomed to having less privacy than you used to. Technology in financial products makes your life easier in myriad ways, but also far less private.