Much has been said and written about open banking in the last few years, and 2024 certainly saw it achieve significant traction. The U.K.’s open banking roadmap reached full completion, with the ...

If a business wants to let a software program consume its banking data, it typically needs to go through a long series of processes, involving extensive paperwork and implementation, to do so.

Open banking is a huge focus in the financial sector today. So much so, decision-makers and leaders in finance from across Europe are gathering in London next month for an event dedicated to this area ...

Open banking adoption is rising and marketing and giving way to new use cases, but offering the right incentives is key to success. Both regulatory and market driven open banking has become an ...

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 ...

SSBs are set to play a pivotal role in the open banking structure contemplated by the CFPB’s Final Rule. They are to be “fair, open and inclusive” industry bodies that meet specific requirements for ...

Citizens Bank's latest foray into open banking is aimed at the annoyance of switching recurring payments from one card or bank account to another, a hurdle the bank plans to ease through a mobile app ...

Artificial intelligence (AI) isn’t the only technology driving digital transformation. For banks, retailers and enterprise businesses, open banking and application programming interfaces (APIs) are a ...

On May 30, the Consumer Financial Protection Bureau petitioned the U.S. District Court in Kentucky to vacate its rulemaking under Section 1033, which requires that banks support consumers wishing to ...

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 ...

Lee Fulmer, senior advisor at McKinsey and Chairman of the OpenUK Finance Advisory board, weighs in on why open banking is such a hard problem. His insights have important implications for the ...

The Consumer Financial Protection Bureau, the bureaucratic brainchild of Sen. Elizabeth Warren (D-MA), has become a textbook example of how government overreach hides behind feel-good slogans. Now, ...