This post is the fourth and final in a series discussing Open Banking, its implementations, and its implications. The start of the series is here, and all of the posts in the series are available here ...

Within our industry we are always looking for the ‘next big thing’, from mobile payments, cloud, biometrics and behavioural biometrics through to Blockchain and Artificial Intelligence (machine ...

The financial services industry is undergoing a seismic shift, driven by Open Banking — a movement that promotes customer-centric banking through APIs. By enabling secure data sharing and seamless ...

Westpac NZ has become the first bank to be operationally ready for the next open banking standard in advance of the 30 November milestone.With its ...

The advent of PSD2 means banks have to up their game on interoperable access to data and transactions. But Open Banking faces an API challenge The European Union’s revised Payment Services Directive ...

While the recent partnership between fintech Wise US Inc., which specializes in cross-border payments, and Plaid Inc. is another example of the momentum open banking is gaining globally, one ...

NatWest has launched a new transaction categorization service called Enriched Transactions, which is available to businesses, such as Account Information Service Providers (AISPs) and lending ...

The adoption of open banking has transformed the financial industry, allowing third-party providers (TPPs) to access banking data and services through APIs. While this innovation fosters competition ...

Application programming interfaces (API), open banking and banking as a service (BaaS) are making banking easier than ever, and the old ways of controlling finances and doing business are becoming ...

Mashreq’s Global Transaction Banking franchise continues to deliver strong financial results. In 2024, non-interest income ...