Application programming interfaces (API), open banking and banking as a service (BaaS) are making banking easier than ever, and the old ways of controlling finances and doing business are becoming ...

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.

Data protection continues to be a central focus for small-business owners. This is imperative for business security, protecting trade secrets, and of course the data of employees and customers. The ...

This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor. This is an excerpt from Finextra’s report, 'The Future of Digital Banking ...

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 ...

Open banking — where traditional banks enable payments and other new services by way of APIs that give access to financial data previously locked up in their systems — has led to a rush of startups ...

TORONTO, April 17 (Reuters) - Canada, a laggard in open banking concept, announced new measures that could allow consumers' financial data to be shared, a move that could encourage innovation, ...

What exactly is Banking as a Service? The best way to explain Banking as a Service is by means of an example. Imagine for a moment that you are the manager of an airline. You are facing stark ...

Open banking — where traditional banks can share data, and build new services, by way of APIs that bring their ageing systems into the 21st century — has seen its biggest traction to date in mature ...

FDATA head Steve Boms argues for a “sponsored” accreditation model in Canada. Financial Data and Technology Association (FDATA) is a North American industry association that’s been advocating for open ...

The year 2026 is poised to be a breakthrough one for open banking in Canada. Bill C-15 — which would implement measures from the 2025 federal budget — is currently before Parliament. If passed, Bill C ...