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Why has open banking failed to live up to its promise?
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Why Has Open Banking Failed to Live up to Its Promise?

Elliott Limb
When open banking hit the market in 2018, a financial revolution was expected. The move to simply and securely promote information sharing between customers, banks, and third parties promised vast opportunities to grow profits, build innovative new solutions and create deeper customer connections. But this promise has failed to become......
Open Banking, Other Digital Initiatives Driving Demand for ADM Services in Brazil
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Open Banking, Other Digital Initiatives Driving Demand for ADM Services in Brazil

Fintech News Desk
ISG Provider Lens report sees enterprises turning to ADM providers to speed development in response to growing need for applications Open banking and other digital initiatives accelerated by the COVID-19 crisis are driving up demand for application development and maintenance services in Brazil, according to a new report published today......
EML Completes the Acquisition of Sentenial and Enters the Open Banking Market In Europe
Banking Digital Payments Fintech News

EML Completes the Acquisition of Sentenial and Enters the Open Banking Market In Europe

Fintech News Desk
EML heralds its flagship entry into open banking with the innovative Nuapay brand through the strategic acquisition of Sentenial Group EML Payments’much-anticipated acquisition of Sentenial Limited and its wholly-owned subsidiaries (“Sentenial”) has been approved by the French and U.K. financial regulators; L’Autorité de contrôle prudentiel et de résolution (ACPR) and......
NXTsoft and Yapily Form Partnership to Deliver Global Access to Open Banking
Fintech News

NXTsoft and Yapily Form Partnership to Deliver Global Access to Open Banking

Fintech News Desk
The partnership connects NXTsoft’s U.S.-based API partners with European financial institutions and Yapily’s European-based API partners with U.S. financial institutions NXTsoft, the market leader in comprehensive, secure API connectivity for fintechs and financial institutions in the United Sates and London, UK-based Yapily, the leading European-based open banking infrastructure provider, today announced......
Eastern Africa BFSI Summit 2021: Digital Transformation Accelerates Open Banking Ecosystem
Digital Finance Fintech News

Eastern Africa BFSI Summit 2021: Digital Transformation Accelerates Open Banking Ecosystem

Fintech News Desk
Business leaders and ICT experts from Eastern Africa and the globe will convene Sep 23 for the Eastern Africa BFSI Summit 2021, an offline event to unpack the opportunities of digital transformation for African financial industry. The event will highlight the changes, challenges and opportunities in the post-epidemic era and ways to accelerate financial......
Mastercard Expands Open Banking Reach with Acquisition of Aiia
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Mastercard Expands Open Banking Reach with Acquisition of Aiia

Fintech News Desk
Customer-Focused Connectivity Across Europe, Innovative Technology, Experienced Local Teams Mastercard announced it has entered into an agreement to acquire Aiia, a leading European open banking technology provider offering a direct connection to banks through a single API, allowing its customers to develop and launch new digital solutions that meet the needs of......
ACI Worldwide Protects More Than One Billion Consumers Globally from Fraud in the Era of Open Banking and Real-Time Payments
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ACI Worldwide Protects More Than One Billion Consumers Globally from Fraud in the Era of Open Banking and Real-Time Payments

Fintech News Desk
COVID 19 has accelerated global shift to real-time and digital payments, creating radically different fraud landscape ACI’s Enterprise Fraud Management solution is increasingly used by financial institutions worldwide – with a 33 percent increase in consumers protected just over the last two years ACI Worldwide, a leading global provider of real-time......
Adastra and PaymentComponents Partner to Offer Transformative Open Banking and Payments Solutions
B2B Banking Digital Payments Fintech News

Adastra and PaymentComponents Partner to Offer Transformative Open Banking and Payments Solutions

Fintech News Desk
Adastra, a leading Global Data & Analytics solutions provider, and PaymentComponents, a global leader in B2B payments and fintech solutions, have entered into a strategic alliance to enable Open Banking and Payments Capabilities in Canada and the USA. “We are excited to work closely with PaymentComponents to continue to bring innovative......
EMTECH and GIC Partner to Provide Capacity Building on CBDC, Regulatory Sandbox and Open Banking for Nigerian Financial Regulators
Banking Fintech News

EMTECH and GIC Partner to Provide Capacity Building on CBDC, Regulatory Sandbox and Open Banking for Nigerian Financial Regulators

Fintech News Desk
EMTECH and GIC ‘Capacity Building Program’ partnership will drive innovation and collaboration in the Nigerian financial services regulatory environment EMTECH, a Fintech for Central Banks, and Global InfoSwift (GIC) announced a new Nigeria-based partnership to deliver capacity building in three core and interrelated areas: Central Bank Digital Currency (CBDC), Regulatory......
Survey Reveals Only Half of Americans Have Ever Heard of Open Banking
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Survey Reveals Only Half of Americans Have Ever Heard of Open Banking

Fintech News Desk
Open Banking is often misunderstood but offers possibilities many consumers already embrace A survey by global API Management leader Axway reveals half of Americans have never heard of the term “open banking,” but 84% agree with its central tenet that they should have control of their financial data. “It’s not just......
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