Embedded finance has been caught in the convergence of instant payments and open banking. It could be its time to shine.
In the age of open banking, personal information is now being shared across many different institutions; the company powering this...
According to Christopher Ward, head of product management for PNC’s treasury management division, “We’re ready, we’re in process of implementing APIs with customers. I would proffer most customers are not ready for it.”; Bank of America also stated they are ready for open banking; however many banks aren’t as prepared and being ‘ready’ for open banking is up to interpretation; the article from Tearsheet shares other perspectives on open banking and how some banks might be missing the point of open banking. Source
At an event held by the CFPB banks, fintechs, regulators and consumer advocates discussed the data sharing experience; screen scraping...
There is a behind the scenes fight brewing between fintechs and banks who are setting setting stricter guidelines on who...
The results of a recent Axway survey on open banking in America bode well for its adoption stateside. More than half, 55%, have heard of open banking, with 32% believing they have a decent understanding of it.
ICBA selects first fintechs for new accelerator program Partnerships, UX improvements and speed will drive money transfer in 2019 Brexit...
There is still too much friction involved in switching bank accounts. But a new tool from Atomic called PayLink is addressing this friction by making it easy for users to move their recurring payments.
The Equifax breach has started to really change and shape the conversation around privacy since they are involved in so...
A new survey, sponsored by Temenos and conducted by The Economist’s Intelligence Unit, of bank executives found 54 percent of...