Tag : Open banking

GFT and Ozone API Partner to Guide Canadian Institutions Through Open Banking Transition
Banking Finance News

GFT and Ozone API Partner to Guide Canadian Institutions Through Open Banking Transition

EIN Presswire
by EIN Presswire0
The companies will future proof financial institutions as regulatory developments accelerate adoption The market size of open banking is projected to surpass $48 billion dollars in 2026, continuing double-digit annual growth. While much of this share has been dominated by banks in Europe and Latin America, GFT and Ozone API are now partnering to......
Privacy Architecture for Data Sharing in Open Banking Ecosystems
Artificial Intelligence Banking Featured Finance Fintech

Privacy Architecture for Data Sharing in Open Banking Ecosystems

Fintech Staff Writer
by Fintech Staff Writer0
Open banking has fundamentally reshaped how financial data moves across institutions, platforms, and applications. What began as a regulatory mandate has evolved into a global ecosystem of APIs, third-party providers, fintech innovators, and embedded financial services. At the center of this transformation lies a critical question: How do financial institutions......
Open Banking Is Quietly Becoming Open Finance
Banking Credit Bureaus Digital Payments Digital Wallet Featured Finance Fintech InsurTech Lending

Open Banking Is Quietly Becoming Open Finance

Fintech Staff Writer
by Fintech Staff Writer0
When open banking initially started, it had a very specific and practical function. It was made to fix a specific problem in the financial services industry: keeping consumer data locked in. Banks have regulated access to account information for decades, making it hard for people to switch providers, compare services,......
B2B Digital Payments Featured Finance Fintech Insights Technology

The Disappearing Payment: How Embedded Finance Is Quietly Reshaping B2B Transactions? 

Fintech Staff Writer
by Fintech Staff Writer0
B2B transactions are undergoing a quiet yet profound transformation—one where the payment process is no longer a standalone event, but a seamless, almost invisible part of the transaction journey. This shift is powered by embedded finance, a model where financial services are integrated directly into the daily platforms businesses use.......
Banking Compliance management Featured Fintech InsurTech Security

The Impact of Open Banking on Cross-Carrier Data Sharing in Insurance

Fintech Staff Writer
by Fintech Staff Writer0
Open Banking, initially a transformative force in the financial sector, is now increasingly influencing adjacent industries—including insurance. By enabling secure, consent-based sharing of financial data through APIs, Open Banking is laying the groundwork for a more interconnected ecosystem. One of the most promising applications of this evolution is cross-carrier data......
Banking Blockchain Cryptocurrency DeFi Digital Payments Featured Finance Fintech

The Rise of API-Driven Payment Rails: Engineering Direct Peer-to-Peer Transfers

Fintech Staff Writer
by Fintech Staff Writer0
In the evolving financial scope, API-Driven Payment Rails are transforming how money moves between individuals and businesses. Traditional banking systems, often constrained by legacy infrastructure and intermediaries, are being replaced by seamless, real-time, and cost-efficient digital payment networks. These modern payment rails leverage APIs (Application Programming Interfaces) to enable direct......
PortX Now Available Through AWS Marketplace for Bank and Credit Union Integration
Banking Fintech News

PortX Now Available Through AWS Marketplace for Bank and Credit Union Integration

Business Wire
by Business Wire0
Marketplace availability enables financial institutions to streamline API development, accelerate their open banking initiatives, and simplify access to innovative integration solutions. PortX, a leading financial infrastructure and integration technology company that provides open access to the core and drives innovation for financial institutions with its integration-platform-as-a-service, announced that Integration Manager is......
Prommt, Chargebacks911 Partner to Revolutionize Transaction Protection
Banking Digital Payments Fintech News

Prommt, Chargebacks911 Partner to Revolutionize Transaction Protection

Business Wire
by Business Wire0
Chargebacks911, a global pioneer in chargeback prevention and management solutions, announced their official partnership with Prommt, a leading innovator in cloud-based, remote payment solutions, providing large enterprises with a comprehensive, end-to-end solution that helps to protect against chargeback fraud and misuse. “This partnership represents a significant step forward in providing merchants with the......
Lumin Digital Partners with FinGoal, Bringing Enhanced Insights and Analytics to Its Digital Banking Platform
Banking Fintech News

Lumin Digital Partners with FinGoal, Bringing Enhanced Insights and Analytics to Its Digital Banking Platform

PR Newswire
by PR Newswire0
The leading cloud-native digital banking provider, Lumin Digital (Lumin), announced its latest partnership with transaction data insights and analytics provider, FinGoal. Lumin’s financial institution users will now be able to leverage FinGoal’s data-driven insights to create personalized offers for their end-users and create higher conversion rates for their offers and campaigns. Available......
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