Open Banking

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Open Banking reaches new heights in the UK

13 May 25 @ 11:59

Open Banking in the UK has crossed a major milestone. As of March 2025, 13.3 million individuals and small businesses are actively engaging with Open Banking services — up 40%... read more

UK payments industry unites behind new body to deliver cVRPs

06 May 25 @ 13:12

In a major step forward for the UK’s Open Banking ecosystem, a consortium of 31 major players spanning fintechs, incumbent banks and payment platforms has committed funding to establish a... read more

Pay by Bank: An update on a future payment method

29 Apr 25 @ 15:49

As 2025 unfolds, a growing number of merchants and consumers are embracing “Pay by Bank” — a payment method allowing users to pay directly from their bank accounts, bypassing traditional... read more

Is Open Banking ready to become the UK’s payment backbone?

01 Apr 25 @ 16:34

In a world where geopolitical tensions increasingly threaten financial flows, the integrity of national payment infrastructure has taken on new strategic urgency. The recent US sanctions on Russia’s Banks and... read more

Addressing API vulnerabilities: Plugging the holes in Open Banking

24 Mar 25 @ 18:32

Open Banking is helping transform financial services by fostering a dynamic ecosystem in which banks, fintechs and third-party providers collaborate to deliver more personalised, accessible and innovative financial products. But... read more

Creating the world’s best Open Banking regime

18 Feb 25 @ 17:21

Since its introduction in 2018 by the UK, European Union and Mexico, Open Banking has grown into a powerful force for financial innovation. Today, countries like Brazil, India and South... read more

The rise of Pay by Bank – understanding remains fragmented

12 Feb 25 @ 18:15

The landscape of digital payments is evolving rapidly, and one of the most promising innovations is ‘Pay by Bank’, a term referring to instant account-to-account (A2A) payments powered by Open... read more

EU set to drop FiDA Open Finance regulation

11 Feb 25 @ 09:56

In a significant policy reversal, the European Commission has decided to withdraw its proposed Financial Data Access (FiDA) framework, a move that has elicited varied reactions across the financial sector.... read more

Will Commercial Variable Recurring Payments kill the Direct Debit

04 Feb 25 @ 18:19

Commercial Variable Recurring Payments (CVRPs) are for many the true catalyst for Open Banking services and the payments industry is poised for their take-off. Benefits are perceived from all players... read more

The state of UK Open Banking API performance

27 Jan 25 @ 18:13

Open Banking is revolutionising financial services in the UK and now further afield, establishing the nation as a global leader in fintech innovation. APIs, the backbone of Open Banking, enable... read more

The top Open Banking use cases for B2B and B2C

21 Jan 25 @ 15:03

Open Banking is rapidly transforming the financial landscape, creating seamless digital experiences for consumers and businesses. This innovative framework allows secure sharing of financial data with third-party providers, enabling personalised... read more

FDX recognised as standard setting body for US Open Banking

10 Jan 25 @ 13:26

The Financial Data Exchange (FDX) has achieved a significant milestone with its official recognition by the Consumer Financial Protection Bureau (CFPB) as a standard-setting body for the US Open Banking... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more