Anyone who has attempted to import multiple sets of data into a spreadsheet knows how important it is for shared datasets to have common formatting standards. What's true for Microsoft Excel is even ...

Open banking is a critical part of modern fintech; it is the infrastructure that enables many of our beloved financial activities to be possible. For many years, your money was trapped in silos. If ...

One in five UK consumers and small businesses actively use these services, creating an ecosystem worth approximately £4.1 ...

Henk van Hulle, CEO of OBL, says: “In just eight years, Open Banking Limited has helped build an ecosystem that people and ...

Banks can face security risks when customers share their financial data using third parties. Citizens Bank built a tool designed to let clients securely and efficiently share data. This article is ...

The CFPB recently published an Advance Notice of Proposed Rulemaking (ANPR) to reconsider four key issues related to its “Personal Financial Data Rights” rules, which were finalized at the end of 2024 ...

The use of open banking services in the UK has increased by a third in the past 12 months as it becomes “part of everyday life”, according to an industry authority. There were over 15 million users of ...

As digital payment technologies continue to advance, pay by bank and open banking are transforming the global financial landscape. These innovations are reshaping how businesses and consumers transact ...

Much has been said and written about open banking in the last few years, and 2024 certainly saw it achieve significant traction. The U.K.’s open banking roadmap reached full completion, with the ...

Recently, JPMorgan Chase announced a shift in how it manages access to consumer banking data, introducing new data access fees for third-party aggregators. While the move focuses on infrastructure ...

President Trump's first administration laid the foundation for open banking in the United States through market-oriented principles. His second administration now has the opportunity to build upon ...

Open banking in the UK is eight years old and has become an established part of the financial services sector, but its next phase will see it help create services beyond retail banking.