The benefits of open banking are obvious and significant for consumers — especially those underserved by the current marketplace. Bankers and regulators should work to speed up its implementation, ...

1) An academic study titled “Open data and API adoption of US Banks” which equates the use of APIs with open banking, and 2) a Pymnts article titled “46% of US Consumers Say They’re Ready for Open ...

As more and more pension schemes and providers are connecting to the dashboard data ‘ecosystem’, Ellie Duncan – author of Open Banking and Financial Inclusion – explores the lessons the pensions ...

Open banking is revolutionizing financial services by enabling secure data exchange between banks and third-party providers. The European Union’s Revised Payment Services Directive (PSD2) played a ...

Every year lawmakers and regulators seem to find a new domain for cyber regulation and another set of standards for industry to digest and apply. While regulation of water utilities seems a likely new ...

The Consumer Financial Protection Bureau (CFPB) has proposed an open banking rule (Proposed Rule) requiring certain financial institutions to allow consumers and approved third-party financial service ...

Businesses and consumers are increasingly transitioning to cashless or cash-light transactions, driven by the growing adoption of remote and online payment solutions. According to American Bankers ...

The Open Banking opportunity is super-sized in the US. What’s the market size and how do we best access it? What are the gotcha’s? What do we need to know…? To answer these questions and many more ...

The use of open banking services in the UK has increased by a third in the past 12 months as it becomes “part of everyday life”, according to an industry authority. There were over 15 million users of ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Open banking in Europe is maturing. PSD2 legislation has ...