In 2017, the UK introduced open banking, a concept born from an initiative by the Competition and Markets Authority (CMA) aimed at improving retail banking. The CMA required the nine largest retail ...

As more and more pension schemes and providers are connecting to the dashboard data ‘ecosystem’, Ellie Duncan – author of Open Banking and Financial Inclusion – explores the lessons the pensions ...

Citizens Bank's latest foray into open banking is aimed at the annoyance of switching recurring payments from one card or bank account to another, a hurdle the bank plans to ease through a mobile app ...

Open banking, embedded finance, and AI are changing where bank data flows. Data privacy now determines how far innovation can ...

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 ...

The Consumer Financial Protection Bureau (CFPB) has proposed an open banking rule (Proposed Rule) requiring certain financial institutions to allow consumers and approved third-party financial service ...

The Open Banking opportunity is super-sized in the US. What’s the market size and how do we best access it? What are the gotcha’s? What do we need to know…? To answer these questions and many more ...

Mastercard is grooming a new batch of fintech companies as potential partners to help keep up with demand for faster, more secure payments. Processing Content The card network recently named nine ...

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 ...

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 ...

Jodi Gardner is a board member of the Banking Ombudsman Service (BOS). This article is written in her academic capacity and does not reflect the views of BOS. Alexandra Andhov does not work for, ...