Tag : Open Finance

Budget Insight Becomes Powens and Accelerates Its European Roadmap
Banking Finance News

Budget Insight Becomes Powens and Accelerates Its European Roadmap

Fintech News Desk
by Fintech News Desk0
Budget Insight, a leading European player in Open Banking and Open Finance, has completed an extensive rebranding effort in response to the company’s accelerated European expansion and commitment to the advent of Open Finance. At the heart of this rebranding is a change in the company name to Powens and a new......
Digital Fintech News

Broadridge Teams With MX To Power Data Aggregation And Financial Wellness Solution

Fintech News Desk
by Fintech News Desk0
To provide financial advisors with an innovative holistic view into all aspects of an investor’s financial journey, global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), today announced a strategic partnership with open finance leader MX to utilize the company’s financial data aggregation and personalized financial management automation solutions. This is another example of......
Finastra Research Points To Open Finance Progress
Finance News

Finastra Research Points To Open Finance Progress

Fintech News Desk
by Fintech News Desk0
Finastra revealed a sneak peek at its annual State of the Nation Financial Services research. Results point to the significant progress the industry has made around open finance and collaboration, despite the challenging market conditions of the last few years. Latest Fintech Insights : Goldman Sachs Asset Management and Cleanhill......
Financial Data Exchange (FDX) Reports 32 Million Consumer Accounts on FDX API to Power Open Banking and Open Finance
Banking Finance News

Financial Data Exchange (FDX) Reports 32 Million Consumer Accounts on FDX API to Power Open Banking and Open Finance

Fintech News Desk
by Fintech News Desk0
Implementation of interoperable and market-led financial data sharing API standard continues to grow in the US and Canada. The Financial Data Exchange (FDX) reports that 32 million consumer accounts are now using its FDX API for open finance data sharing. Since FDX’s last report in January 2022, nearly one million......
Facilitating the Future of Open Finance Nearly Half of All Large Institutions in the Finance Industry Have Already Adopted Open Banking
Banking Finance News

Facilitating the Future of Open Finance Nearly Half of All Large Institutions in the Finance Industry Have Already Adopted Open Banking

Fintech News Desk
by Fintech News Desk0
New research from Curity shows nearly half of all large institutions in the sector have already adopted Open Banking, with nearly three-quarters (70%) planning to adopt in the next 18 months  Nearly half (43%) of all large financial institutions have already adopted Open Banking according to a new report from API-driven identity......
KlariVis and Open Finance Leader MX Partner to Serve Financial Institutions With Data-Driven Insights
Analytics Finance News

KlariVis and Open Finance Leader MX Partner to Serve Financial Institutions With Data-Driven Insights

Fintech News Desk
by Fintech News Desk0
Powerful data tools and financial insights to deliver additional revenue and growth opportunities with MXdata Klarivis, a fast-growing enterprise dashboard and analytics solution for the financial services industry, announced a new partnership with MX Technologies, Inc., a leader in Open Finance. Together, KlariVis and MX will empower financial institutions with......
Financial Data Exchange
Banking Finance Fintech News

Financial Data Exchange (FDX) Adds 26 New Members

Fintech News Desk
by Fintech News Desk0
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
by Fintech News Desk0
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......
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