Open Banking

Showing Latest Open Banking

Collaboration key to unlocking Variable Recurring Payments opportunity

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

CFPB proposes rule to jumpstart shift to Open Banking

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

Will the EC’s new legislative proposals help unlock Open Banking

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

Apple launches Open Banking integration to Wallet app in UK

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

World Payments Report: Non-cash transactions continue to rise

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

Open Banking payments hits new record milestone

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

Unlocking Open Banking – is VRP the key to profitability?

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

Options for looking for the right API approach in Open Banking

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

Open Banking grows up – but who is making the gains?

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

Report: Business Payments Barometer 2023

15 Jun 23 @ 14:41

Bottomline, in their annual Business Payments Barometer report, reveals that finance leaders in Great Britain and the United States are facing a tough operating environment, with over 80% of businesses... read more

FinTech landscape beginning to normalise as markets hit “Reset”

13 Jun 23 @ 17:41

There is a lot of talk these days about the impact on fintech M&A in an era of rising interest rates and volatility. The soaring prices of energy, food, labour,... read more

New Report: flexible API connectivity is a must for Open Banking

12 Jun 23 @ 17:09

Five years ago, the launch of Open Banking in the UK and Europe promised a revolution in customer choice, convenience and security. In a new report, payments technology specialists BPC... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more