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

The new Open Banking era needs better, smarter KYC

17 Aug 22 @ 09:00

In a new white paper, transaction security specialists Ondato explain why the rapid development of Open Banking across Europe means banks, merchants and PSPs must turn to smarter, joined-up KYC... read more

Open Banking is a massive opportunity for marketplaces

08 Jun 22 @ 18:58

Online marketplaces may be the greatest business success story of the last twenty years. Perhaps the most well known are Amazon – revenue $477 billion last year, up 14% –... read more

M2020 Live: Open Banking payments will become most popular payment method

07 Jun 22 @ 15:54

Nuapay has released new data revealing that 1 in 4 (25%) merchants predict Open Banking payments will become the most popular payment method amongst customers in the next 5 years.... read more

Open Banking will enable faster, fairer credit checking for BNPL

06 Jun 22 @ 09:15

Buy Now, Pay Later (BNPL) has been a payments phenomenon in recent years – however, regulators are now looking at more stringent legislation to protect consumers. While the success of... read more

Open Banking is forging a new era in European payments

24 May 22 @ 08:54

A new white paper from leading digital finance company Plaid says the advent of Open Banking will herald a revolution in payments. The paper explains the implications of this new era... read more

Open Banking growth accelerating around the world – except US

23 May 22 @ 16:23

New data from the UK’s Open Banking Implementation Entity (OBIE) shows products in-market and user numbers accelerating. Meanwhile, major European markets such as France and Germany are moving from strategy... read more

Open Banking powers up BNPL for banks and merchants

23 May 22 @ 09:33

A new white paper from European digital payments leader Worldline argues that financial institutions and merchants should take advantage of Open Banking’s power to unlock and grow Buy Now Pay... read more

Open Banking: The changing rules on 90 day re-authentication

17 Mar 22 @ 17:10

Open Banking got started back in 2018 thanks to ground-breaking regulations (PSD2), that gave consumers the right to access their bank account data using third parties called account information services providers... read more

UK Open Banking users pass the 5 million milestone

23 Feb 22 @ 12:31

There are now more than 5 million active users of Open Banking (OB) services in the UK based on data provided during January 2022 by the CMA9, the nine banks... read more

Open Banking and Variable Recurring Payments (VRPs) – what’s next on the roadmap

09 Feb 22 @ 09:39

The continued roll out of Open Banking is seeing its next major step forward as the nine largest banks in the UK (the CMA9) prepare for the implementation of Variable... read more

Open Banking will be here sooner than you think – Here’s why

07 Feb 22 @ 17:21

A new report by European Open Banking services provider Tink finds much positive sentiment about the greater competition and wider palette of services Open Banking will bring. Such breathless optimism... read more

UK Open Banking marks fourth year milestone with over 4 million users

13 Jan 22 @ 09:19

January 13th marks the fourth anniversary of the Payments Services Directive 2 (PSD2) * making Open Banking a regulatory requirement in the UK. Open Banking (OB) was mandated by the... read more

Payments and CX key to Open Banking as banks start to spend on infrastructure

02 Dec 21 @ 17:00

New research reveals an increase in spending among Europe’s financial executives, with 47% saying their Open Banking budgets have risen in 2021. This follows a challenging year in 2020, where... read more

The UK’s future strategy for Open Banking payments

24 Nov 21 @ 17:06

Open banking (OB) payments have the potential to offer greater payment choice to merchants and customers. There are now over 2.5 million Open Banking payments a month. In 2018, there... read more

European FIs: A decade to complete Open Banking objectives

15 Nov 21 @ 18:20

New research reveals that in spite of growing positivity, the complete implementation of Open Banking will take financial institutions many years to realise. The survey of 308 executives across 12... read more

Open Banking facilitated payments to exceed $116 billion

04 Nov 21 @ 17:40

A new study found that the value of global payment transactions facilitated by Open Banking will exceed $116 billion in 2026, from just under $4 billion in 2021. This extraordinary... read more

Open Banking payments to overtake card payments for e-commerce?

29 Sep 21 @ 12:01

One of the key motivations behind Open Banking has been to enable the growth of alternative payment methods to cards. A new report demonstrates that the policy drivers, the industry... read more

How do Open Banking Payments affect customer experience?

13 Sep 21 @ 08:20

Here’s an overview of how Open Banking Payments can improve each step in the online customer journey. Key takeaways: A superior online customer experience is a key differentiator for nearly... read more

What’s the status of Open Banking in the UK?

06 Sep 21 @ 15:53

Open Banking provides an opportunity for merchants to offer a better customer experience at a lower cost. To achieve that, there are a few essentials you need to know about... read more

Open Banking hits four – are we open for business?

16 Jul 21 @ 10:36

It’s been four years since UK regulators fired the starting gun on Open Banking, followed closely by the EU and 36 other markets world-wide. As a major new study into... 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