The banking industry was doing just fine for centuries without “open banking.” Bankers were always in the business of managing risk. They collected deposits and issued loans. The reputed oldest bank ...

Banks can face security risks when customers share their financial data using third parties. Citizens Bank built a tool designed to let clients securely and efficiently share data. This article is ...

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.

The banking industry took its time to transition from paper bills to plastic cards. Now it’s in the midst of a more rapid transformation: going digital. “Open banking” allows anyone to share data from ...

In today’s fast-changing fintech world, APIs (Application Programming Interfaces) are at the core of innovation. They enable businesses to create efficient, personalized financial solutions by ...

Mastercard is grooming a new batch of fintech companies as potential partners to help keep up with demand for faster, more secure payments. Processing Content The card network recently named nine ...

The financial landscape has seen significant transformation thanks to open banking, which has helped develop innovative models across digital payments, wealth management, lending, insurance and more.

Payments group Flutterwave acquires open banking specialist Mono as it builds bank-based payment and data infrastructure ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The 'Open Banking' movement – described by Scarlett Sieber in ...