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.

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 ...

The market opportunity for developing seamless, secure, and scalable services across the UK Open Banking landscape continues to grow. More than 6.5 million users access services through open banking ...

PHOENIX--(BUSINESS WIRE)--The Consumer Financial Protection Bureau (CFPB) has just finalized a U.S. open banking rule that is set to revolutionize the industry, driving banks to adopt API technologies ...

GFT and Ozone API are partnering to launch North American institutions into the open banking arena, a market expected to top $48 billion in 2026. Due to Budget 2025’s acceleration of the Consumer ...

Explainer: If you've heard talk of open banking in recent weeks, you might have wondered exactly what it is. It's been a topic of discussion in the finance sector for years, and is often touted as a ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Launched in the United Kingdom in January 2018 with the ...

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, ...

During onboarding, we often hear the same problem: Their payments take too long to process. We regularly meet teams still reconciling payouts in spreadsheets or chasing down missing payment files ...

Accra, Oct. 24, GNA-A strong case is emerging for Ghana to adopt common open banking API standards to accelerate financial inclusion, foster innovation, and improve digital service delivery across the ...

As one of the largest unbanked regions in the world, with low bank branch penetration and a surging increase in smartphone adoption, Africa is primed to become one of the largest and most innovative ...