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 ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. By integrating the two platforms, banks can couple real-time banking ...

Seylan Bank PLC has partnered with eChannelling Ltd., to integrate with the Bank’s Open Application Programming Interface ...

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 comes with a lot of expectations and promises, such as democratisation of Access to Account (X2A), increased competition between banks and fintechs, and provision of better control to end ...

Standard Chartered (LON: STAN) announced the launch of its new Open Banking Marketplace, which is described as being a one-stop platform that enables both existing and prospective clients to discover, ...

Most people within financial services are familiar with the term open banking, the concept of allowing data to flow in a controlled fashion from one repository to another, i.e. from banks to third ...

Ozone API, the global open banking firm, recently announced a strategic partnership with Tuum, a core banking provider, to enable Tuum’s customers to comply with open banking regulations and ...

Despite widespread adoption of digital technologies, the review identifies persistent barriers that limit the effectiveness ...

API standardization in Open Banking can be likened to forging a universal financial lexicon. By adopting a standardized protocol, diverse financial systems can harmonize their operations, giving birth ...

We are only in the first chapter of Latin America’s long journey to tech growth. But with the region’s thirst for innovation, the market is expected to expand nearly tenfold over the next decade, with ...

Fintech startup Yapily is announcing that it plans to acquire finAPI — the transaction is subject to regulatory approvals before it closes. Both companies offer open banking solutions in Europe. With ...