07 Jul 21 @ 07:59

According to a new report by Payments Cards & Mobile and Mastercard, which conducted in-depth research into how prepared European countries are to embrace the Open Banking ecosystem, the Nordic... read more

29 Jun 21 @ 15:06

Open Banking is fast becoming a worldwide phenomenon. Whether regulator-driven or industry-led, it empowers consumers and businesses to take control of their financial data and their financial futures while stimulating... read more

24 Jun 21 @ 09:10

Visa announced it has signed a definitive agreement to acquire Tink, a European Open Banking platform. Visa will pay total financial consideration of €1.8 billion, inclusive of cash and retention incentives.... read more

09 Jun 21 @ 01:20

We are delighted to offer you the chance to download the Open Banking Readiness Index: The Future of Open Banking in Europe, a new, ground-breaking study into the development of... read more

02 Mar 21 @ 15:47

42% of financial services businesses want better support and guidance on data security in relation to Open Banking, according to recent research on the market. The survey of financial professionals... read more

23 Feb 21 @ 17:17

Open Banking, which allows third-party providers to access the financial information of banking customers through Application Programming Interfaces (APIs), was launched with the aim of providing customers with more tailored... read more

13 Jan 21 @ 11:36

Today marks the third year since open banking became a regulatory requirement. The aim of this regulation was to increase competition and choice for consumers and small businesses. The UK’s... read more

28 Sep 20 @ 14:46

The Open Banking Implementation Entity (OBIE), the body set up by the Competition and Markets Authority (CMA) to deliver Open Banking in the UK, has says that over 2 million... read more

16 Sep 20 @ 14:41

Tesco Bank is to become the first UK bank to introduce Open Banking technology that allows its 2.6 million credit card customers to more easily manage and pay their balance.... read more

11 Sep 20 @ 12:08

For those less familiar, the Electronic Identification, Authentication and Trust Services, or the eIDAS system as it is more commonly known, came into effect on 1st July 2016, with Regulation (EU) 910/2014 on electronic identification... read more

25 Aug 20 @ 14:48

TrueLayer says it has recorded a massive increase in consumers using Open Banking Payment Initiation (PI) to pay for goods and services during the lockdown. PI is a new form... read more

17 Jun 20 @ 09:00

There’s been a lot of hype about Open Banking since the advent of the EU’s second Payment Services Directive (PSD2) in 2018. The aim is to promote the development of... read more

30 Mar 20 @ 10:25

The adoption of the revised Payment Services Directive, PSD2, in January 2018 first set the stage for Open Banking in Europe. Since that time, Europe has had a unique legal... read more

30 Jan 20 @ 16:35

Two years ago, opportunity for the FinTech community was abound with the arrival of Open Banking. And while the initial uptake was slow to materialise, we are now finally realising... read more

20 Jan 20 @ 15:53

New figures published show that customer use of Open Banking in the UK has surpassed the 1 million customer mark for the first time. Customer numbers have grown strongly, doubling... read more

14 Jan 20 @ 09:35

Visa has announced it has signed a definitive agreement to acquire Plaid, an Open Banking network that makes it easy for people to connect their financial accounts to the apps... read more

08 Jan 20 @ 13:31

In a sensible setback, the Australian Competition & Consumer Commission (ACCC) has delayed the roll out of  Open Banking reforms in Australia by six months, because of the consumer regulator’s... read more

20 Nov 19 @ 10:57

Open banking is an evolving trend in many jurisdictions and authorities have responded by taking a broad range of actions in recent years. In its recent, the Basel Committee on... read more

12 Nov 19 @ 12:03

Around the world, banks are opening up their customers’ financial data (with the customers’ consent) to third parties through application programming interfaces (APIs). The global trend of Open Banking allows... read more

04 Nov 19 @ 09:01

Western Union has deployed full Open Banking application programming interface (API) access to its supporting front-end domestic and international payment applications through its Western Union Business Solutions unit. This new... read more