Showing results for 'open banking' in Articles
656 Articles | 129 Magazines | 16 Research | 9 Whitepapers

Is Open Banking stagnating in Europe?

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

How can banks make money out of Open Banking?

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

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

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

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

Software AG and Konsentus sign global Open Banking partnership

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

Open Banking API calls to grow 470% globally by 2027

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

Report: UK Open Banking market at “crossroads”

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

Open Banking payments transactions to surpass $330 billion by 2027

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

Open Banking now a “Must Have” globally

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

Central Bank of Turkey launches Open Banking services

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

Nearly half of the finance industry have adopted Open Banking

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

J.P. Morgan launch Open Banking play with “Pay-by-Bank” in US

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

Open Banking APIs offer £1 billion monetisation potential for banks

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

ING winds down Yolt B2B Open Banking

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

Trending

Major UK Banks unite to develop digital verification service

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

Legacy infrastructure leaves Banks unprepared for real-time

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

Visa expands AI and Cybersecurity strategy in Europe

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