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
09 Nov 23 @ 18:02
As Open Banking services approach take-off in some European markets and the US fires up its regulatory engine, we ask: how can banks make money out of Open Banking? It’s... 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
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
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
09 Jun 23 @ 08:41
Software AG has signed a commercial partnership with Konsentus to help banks securely participate in the Open Banking ecosystem. Open Banking and Open Finance are opportunities to level the playing... read more
05 May 23 @ 09:00
A new study has found that Open Banking usage will grow by 470% over the next 4 years, with the total number of API (Application Programming Interface) calls generated via Open... read more
31 Mar 23 @ 12:51
A new report on Open Banking by the Coalition for a Digital Economy (Coadec) states that “UK Open Banking is at a crossroads”. A multi-billion pound sector stands on the... read more
13 Feb 23 @ 18:27
A new study has found that global Open Banking payments transaction values will exceed $330 billion globally by 2027; up from $57 billion in 2023. The report predicts that the... read more
07 Dec 22 @ 10:37
New research shows that Open Banking is now regarded as a key part of the banking landscape, with 99% of respondents considering it either a ‘must have’ or ‘important’, up... read more
02 Dec 22 @ 14:46
The Central Bank of the Republic of Turkey (CBRT) has launched Open Banking services, an important component of the digital economy roadmap of the liraization strategy. The Digital Turkish Lira Collaboration... read more
18 Nov 22 @ 12:57
Nearly half (43%) of all large financial institutions have already adopted Open Banking according to a new report from API-driven identity management company Curity. The Facilitating the Future of Open... read more
14 Nov 22 @ 09:23
Consumers are looking for greater choices like mobile payments, crypto wallets, and person-to-person payment apps, which are taking their place alongside staple payment methods like cards and bank-to-bank ACH payments. The latest... read more
11 Nov 22 @ 13:42
Considerable opportunities exist for banks to monetise their Open Banking APIs for both internal and external-facing use cases, according to a report released by Mobey Forum’s Open Banking Expert Group.... read more
30 Aug 22 @ 16:41
ING has announced, following the closure of the Yolt cashbook app last year, to phase out its Yolt business-to-business Open Banking activities as well. This was reported by the bank... read more
30 Jun 26 @ 07:05
Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more
06 Jul 26 @ 20:34
European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more
07 Jul 26 @ 19:13
Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more