Open Banking

08 Feb 24 @ 18:24

Consumer demand for frictionless experiences is at the centre of rising financial services and tech innovation. As consumers embrace digital services in their everyday lives, from banking to shopping to... read more

01 Feb 24 @ 18:21

Open Banking could save businesses time and money, while streamlining your operations – on average it can save 150 hours of operational time each year. That’s according to new Payit... read more

16 Jan 24 @ 19:25

As the latest Konsentus Open Banking tracker reveals static TPP numbers across both the EU and UK, we ask whether progress is stalling across the continent. When Konsentus reported a... read more

31 Oct 23 @ 16:26

With all eyes on the future of Open Banking, merchants, banks and payment providers are convinced that Variable Recurring Payments (VRPs) will unlock widespread  benefits, provided the industry works together... read more

24 Oct 23 @ 09:00

The Consumer Financial Protection Bureau (CFPB) proposed a rule that would accelerate a shift toward Open Banking, where consumers would have control over data about their financial lives and would... read more

02 Oct 23 @ 17:07

It’s now been a few months since the European Commission (EC) published its package of proposals for the next generation of payments regulation in the EU. The proposals – which... read more

28 Sep 23 @ 11:47

Apple has announced that it will soft launch a new feature for its iPhone Wallet app with an integration into the UK’s Open Banking API. The Wallet app will now... read more

15 Sep 23 @ 14:42

Non-cash transaction volumes maintained upward momentum as consumers and businesses adopted digital payment schemes. The World Payment Report 2023 estimates suggest that from 2022 to 2027, non-cash transaction volume growth will... read more

30 Aug 23 @ 12:44

Open Banking has reached a significant milestone, surpassing 11.4 million payments in the UK in July 2023. This achievement reflects a 9.3% increase in total payments compared with the previous... read more

21 Aug 23 @ 15:14

Open Banking services are taking off world-wide. But questions remain about how some players – especially banks – can make money out of this new era. As Variable Recurring Payments... read more

26 Jun 23 @ 12:09

The first blog in this series, explores the rise of Open Banking and the importance of open, flexible API architectures to success. Drawing on a new report from payment technology... read more

16 Jun 23 @ 11:45

Five years after firing the starting gun on Open Banking (OB), it looks like things are going well in the UK. However, a key question remains – especially for the... read more