Community
Open Banking regulation, innovation and technology and it's potential to revolutionise the Financial Services Industry.
As the owner, you will also give up ownership if you leave this group.
Darya Lyhach PR manager at Noda
In a world where financial empowerment and convenience are very important, open banking emerges as a beacon of innovation, guiding a more insightful and user-friendly approach to personal finance management (PFM). What Is Open Banking? Open banking is an ecosystem where traditional banks and financial institutions open their data for secure acces
13 December 2023
Lisa Scott CEO at Banked Europe
Open banking infrastructure is a game changer for merchants, banks and consumers alike, significantly reducing costs, driving higher payment conversion, providing more security and providing instant settlement. At first glance, adoption of the new tech is strong, with the Open Banking Limited institute recording a 68.2% annual increase in usage t...
04 December 2023 /payments /predictions
Erica Virlan Vice President at Salt Edge
In the world of auditing, professionals are no strangers to an array of difficult challenges that can sometimes significantly impact their efficiency and accuracy. The journey begins with a limited view of a client's entire financial transaction history, frequently resulting in a laborious process of obtaining further transaction details at a spee...
30 November 2023 /regulation
Helen Child Founder at Open Banking Excellence
The PSD2 was a truly historic piece of legislation that laid the foundations for a paradigm shift in financial services. The blockbuster Payment Services Directive 2 planted the seeds for Europe’s thriving Open Banking ecosystem. Now we’re awaiting a sequel. When the PSD3 comes into force at some point in the next five years, it will unlock vast n...
24 November 2023 /payments /regulation
Ben Rattue Manager - Product Partnerships & Propositions at Token.io
Variable Recurring Payments (VRPs), or Dynamic Recurring Payments (DRPs) as they’re commonly known in continental Europe, represent a promising payments innovation and are poised to deliver significant benefits to both merchants and consumers, potentially unlocking several killer use cases for open banking-enabled payments. This article explores t...
13 November 2023 /payments /retail
If the sessions and discussions at Open Banking Expo UK and Europe on 18-19 October were anything to go by, then Variable Recurring Payments (VRPs) are generating plenty of interest and excitement across the ecosystem, including among merchants, payment services providers (PSPs) and banks. The reason for the hype is because VRPs deliver better out...
02 November 2023 /payments /retail
Alex Kreger Founder & CEO at UXDA
In September 2023, Apple launched the iPhone Wallet app integration with UK users' current account balances and transaction history. The Apple Wallet app's integration with the Open Banking API allows users to get their checking account balance directly from their bank. Throughout history, banks has remained a closed industry, monopolizing the maj...
04 October 2023 /retail /markets
Kanika Hope Chief Strategy Officer at Temenos
Kanika Hope, Chief Strategy Officer, Temenos The success of open banking is pivoted on the tangible business value delivered to end-customers whether they are retail consumers or small to medium enterprises (SMEs) or larger corporates. Open banking was first adopted by retail banks but also has great potential in the corporate and SME banking sect...
19 September 2023 /payments /sibos
Donica Venter Marketing at Traderoot
In the ever-evolving landscape of the financial industry, payment service providers (PSPs) across Europe are constantly seeking innovative ways to stay competitive and meet the evolving needs of their customers. The advent of Open Banking offers a plethora of opportunities for PSPs. In this blog post, we will explore the various ways Open Banking ...
14 September 2023 /payments /predictions
Inna Demchenko Head of project at Bank
Ukraine has moved to a new stage in the process of implementing open banking, as on 11 August the National Bank of Ukraine (NBU) published on its official website the approved Open Banking Concept and the introduction plan. The regulator's experts worked on the document jointly with working groups of market participants, including banks, non-bank f...
15 August 2023 /retail
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.