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.

The banking industry is facing a substantial shift. In the financial sector, one of those shifts is better known as open banking. Open banking is a financial services innovation that provides ...

One of the biggest challenges for smaller and medium-sized companies is getting access to capital needed to expand their businesses or bridge tight cash flow cycles. Working with traditional banks can ...

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

Anyone who’s ever used a digital device to pay a bill, set up a savings account or apply for a mortgage knows that we are living in the age of digital banking. But this may just be the beginning. In a ...

Open Banking has moved beyond concept—it’s now a catalyst driving real transformation in financial services. By enabling secure, permissioned data sharing between financial institutions and ...

Payments-technology provider Dwolla Inc. announced Tuesday the launch of its open-banking service for mid- and enterprise-sized businesses. The service streamlines businesses’ ability to embed ...

The financial landscape is undergoing a significant transformation, driven by the rise of open banking and the power of Application Programming Interfaces (APIs), according to an update from Juniper ...

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 ...

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 ...

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.

UK Open Banking adoption and integration into the financial ecosystem remains steady with over six years of ongoing developments. CI recently received insights regarding open banking and its ...