open-banking

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Open Banking Must Step up Its Fraud Prevention

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Adoption of Open Banking in Europe

Image for How will PSD3 & PSR1 change open banking?Finance

How Will PSD3 & PSR1 Change Open Banking?

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Benefits of Open Banking

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Five Keys to Enhancing Open Banking API Security

Date: October 16, 2023

Five Keys to Enhancing Open Banking API Security October 16th 2023 By Bhargav Kumar Konidena Introduction Open banking has emerged as a pivotal force within the financial sector with 80% of consumers in the U.S. – and 90% of younger consumers – are already connecting their bank accounts to technology apps. The growing demand for seamless, personalized,...

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Is Open Banking the Future of Payments?

Date: June 13, 2023

Is open banking the future of payments? By Eren Muduroglu, Senior Client Engagement Manager UK at leading payment acceptance brand exactly.com, talks open banking, the good and bad, and why faster consumer take up will be reliant on more joined up thinking from banks, technology suppliers and merchants We can throw around impressive growth statistics...

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Britain Seeks to Boost Banking Services From Fintechs

Date: April 17, 2023

Britain seeks to boost banking services from fintechs By Huw Jones LONDON (Reuters) – Britain’s financial regulators said on Monday they would set up a new body over the next two years to encourage more competition in banking services through the use of third-party apps from fintech firms. Open banking refers to third-party firms using...

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Unlocking Richer Affordability Insights With Open Banking: How Lenders Can Improve Access to Financial Services

Date: March 8, 2023

Tasha Chouhan, UK & IE Banking Director at Tink The cost of living crisis continues: the end of 2022 saw the average disposable income falling by 11.4% across the UK, 23% more people are raiding their pension pots to make ends meet and credit card borrowing is rising at the fastest rate in 17 years....

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Open Banking and VRPs

Date: January 3, 2023

By Chris Sweeney, CEO, Fiinu Plc Open Banking, since its introduction in 2017, has been criticised by many for its failure to revolutionise banking in the UK, and abroad. The initiative is however leading to the development of a myriad of new technologies and businesses, some of which are among the biggest startups in the...

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From Excel Spreadsheets to One Portal: How API-based Cash Management Solutions Transform Treasurers’ Work

Date: September 16, 2022

By Benjamin Würzburger, COO at Ceviant, Some 15 years we had to go to the bank to check our account balance or transaction history at an ATM or at the counter. Now we can do it in seconds from our phones. For decades corporate treasurers with multiple bank accounts in one bank needed to...