The financial landscape has seen significant transformation thanks to open banking, which has helped develop innovative models across digital payments, wealth management, lending, insurance and more.

Open banking is revolutionizing financial services by enabling secure data exchange between banks and third-party providers. The European Union’s Revised Payment Services Directive (PSD2) played a ...

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 ...

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 ...

When Rohit Chopra, the director of the Consumer Financial Protection Bureau, proposed an open banking rule last year, he framed the proposal as an opportunity for small banks to compete head-to-head ...

Artificial intelligence (AI) isn’t the only technology driving digital transformation. For banks, retailers and enterprise businesses, open banking and application programming interfaces (APIs) are a ...

This content is contributed or sourced from third parties but has been subject to Finextra editorial review. 2024 saw the UK achieve a great deal. We saw the completion of the Competition and Markets ...

Rohit Chopra, director of the Consumer Financial Protection Bureau. On Tuesday, the Consumer Financial Protection Bureau finalized a long-awaited rule that promises to enable consumers to better ...

Lee Fulmer, senior advisor at McKinsey and Chairman of the OpenUK Finance Advisory board, weighs in on why open banking is such a hard problem. His insights have important implications for the ...

Oweimo benefits from open banking, which Africa’s most populous country, with more than 200m people, began im- plementing this year under the guidance of the Central Bank of Nigeria. Though an ...

The CFPB’s personal financial data-rights rule provides a legal framework to dramatically expand open banking in the United States and spur a host of innovative products. But first, the rule must ...

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