The end of October marked the conclusion of another successful year of Money20/20, the premier event for the payments, banking, fintech, and financial services industries. If you missed the conference ...

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.

Imagine a world where eCommerce payments are not only faster but also cheaper and more secure—this is the promise of Open Banking. Open Banking has the potential to revolutionise the way we make and ...

In 2017, the UK introduced open banking, a concept born from an initiative by the Competition and Markets Authority (CMA) aimed at improving retail banking. The CMA required the nine largest retail ...

Much has been said and written about open banking in the last few years, and 2024 certainly saw it achieve significant traction. The U.K.’s open banking roadmap reached full completion, with the ...

Open Finance refers to the overarching concept of using technology and APIs to grant financial services businesses and customers greater ownership and control of their financial data. Open Finance ...

SSBs are set to play a pivotal role in the open banking structure contemplated by the CFPB’s Final Rule. They are to be “fair, open and inclusive” industry bodies that meet specific requirements for ...

(Reuters) -The top U.S. consumer finance watchdog on Tuesday unveiled long-awaited rules that would make it easier for consumers to switch between financial services providers, a move the agency said ...

Open banking offers immense opportunities for the industry and the consumers it serves, but it will only deliver on this potential if banks proactively build customer trust and work together to assure ...

Lee Fulmer, senior advisor at McKinsey and Chairman of the OpenUK Finance Advisory board, weighs in on why open banking is such a hard problem. His insights have important implications for the ...

As more and more pension schemes and providers are connecting to the dashboard data ‘ecosystem’, Ellie Duncan – author of Open Banking and Financial Inclusion – explores the lessons the pensions ...