Tag : Open banking

Financial Data Exchange
Banking Finance Fintech News

Financial Data Exchange (FDX) Adds 26 New Members

Fintech News Desk
Regions Bank, FIS, Zions Bank, Trustly, Railz, Union Bank & Trust, Sensedia, ForwardAI, Community Savings Credit Union, Canadian Lenders Association, and others join effort to unify the financial services industry around common FDX API data sharing standard for open banking and open finance The Financial Data Exchange (FDX) has welcomed 26......
Juniper Research: Open Banking-facilitated Payments to Exceed $116 Billion by 2026, as APIs Threaten to End Card Dominance
Banking Digital Payments News

Juniper Research: Open Banking-facilitated Payments to Exceed $116 Billion by 2026, as APIs Threaten to End Card Dominance

Fintech News Desk
A new Juniper Research study found that the value of global payment transactions facilitated by Open Banking will exceed $116 billion in 2026, from just under $4 billion in 2021. This extraordinary growth rate of over 2,800% over the next five years will be driven by increasing user awareness of Open Banking......
AppGallery Drives Financial Health with Innovation, Exploring Open Banking Capabilities with Partners
Banking Fintech Mobile Banking News

AppGallery Drives Financial Health with Innovation, Exploring Open Banking Capabilities with Partners

Fintech News Desk
Huawei reveals plans to strengthen the ecosystem’s financial services offering at the Huawei Developer Conference 2021 Huawei Developer Conference 2021 (HDC 2021), Huawei announced plans to continue to drive innovation in the financial services industry by exploring Open Banking capabilities with AppGallery partners. Industry speakers joined Huawei experts to announce AppGallery’s......
Crypto APIs Launches MPC Wallet as a Service in Partnership with Sepior
Banking Fintech Mobile Banking News

New Research Shows Vulnerabilities in Banking, Cryptocurrency Exchange, and FinTech APIs Allow Unauthorized Transactions and PIN Code Changes of Customers

Fintech News Desk
Noname Security sponsored research by vulnerability researcher Alissa Knight highlights need for financial services industry to prioritize API security Noname Security, the API security company, and Alissa Knight, Partner at Knight Ink and recovering hacker, announced at Money 20/20 new research, “Scorched Earth: Hacking Bank APIs” which unveils a number of......
Valley Bank Drives Open Banking Strategy with Fiserv
Banking Fintech Mobile Banking News

Valley Bank Drives Open Banking Strategy with Fiserv

Fintech News Desk
Valley Bank will deliver an integrated deposit and consumer lending experience by leveraging best-in-class open banking technology enabled by expanded Fiserv partnership Valley Bank has selected Fiserv, Inc., a leading global provider of financial services technology solutions to enable the growth of its existing business lines and expansion to additional verticals and......
Financial Institutions Can Grow Small Business Relationships with Fintech-Powered Lending Offering from Fiserv
Fintech News

Financial Institutions Can Grow Small Business Relationships with Fintech-Powered Lending Offering from Fiserv

Fintech News Desk
Cloud-based lending and credit platform enables financial institutions to enhance the small business experience with a fintech connection Fiserv, Inc., a leading global provider of payments and financial services technology solutions, is enabling financial institutions to build their small and midsize business (SMB) programs through the launch of a cloud-based,......
Codat Announces Partnership with Intuit to Speed QuickBooks App Development And Catalyze New Wave of Open Finance
Fintech News

Codat Announces Partnership with Intuit to Speed QuickBooks App Development And Catalyze New Wave of Open Finance

Fintech News Desk
Codat, the universal API for small business data that enables software providers and financial institutions to build integrated products for their small business customers, announced an integration partnership with the global technology platform Intuit. This partnership will bring about a new wave of Open Finance for SMBs and speed app......
FutureFuel.io Reaches New Student Debt Borrowers with Fiserv Partnership
Banking Fintech News

FutureFuel.io Reaches New Student Debt Borrowers with Fiserv Partnership

Fintech News Desk
Fiserv financial institution clients can provide their customers seamless access to FutureFuel.io’s student debt relief platform FutureFuel.io, a technology firm that helps America’s 47.9 million borrowers crush their student loan debt, announced a new partnership with Fiserv. This partnership will enable banks and credit unions to bring the FutureFuel.io student......
Jack Henry Partners with Open Banking Providers to Enhance Digital Platform
Banking Fintech Mobile Banking News

Jack Henry Partners with Open Banking Providers to Enhance Digital Platform

Fintech News Desk
Jack Henry integrates with Finicity, Akoya and Plaid at zero cost, zero lift to community financial institutions Jack Henry & Associates, Inc. is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Jack Henry announced today that Finicity, Akoya, and Plaid are among the......
Why has open banking failed to live up to its promise?
Banking Featured Guest Posts Insights

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......
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