Tag Archives: Open Banking

Payments are a trending topic in the FinTech world. Here are 18 predictions for what’s in store for payments in 2019: APIs– every board room is discussing APIs, but the …

The banking industry is at the dawn of a great new era of FinTech partnerships that is expected to change banking as we know it. Despite this, many financial institutions …

FinTech in Central and Eastern Europe is coming on strong, with fertile environments in which to grow innovations and governments that are doing their best to acquire new investments. These …

Over the past few years, financial institutions have worked to strengthen their ties with young tech-savvy startups that aim to revamp the way financial services are created and consumed. This …

Large-scale cyberattacks on critical financial infrastructure are a major threat to the safety and stability of the global economy. Recently, a panel discussion at DTCC’s 2018 FinTech Symposium brought together …

Partnerships between financial institutions and FinTechs must go beyond the customer value proposition and provide embedded cybersecurity at all stages of the customer journey. Open APIs present an incredible opportunity …

With technology becoming of greater importance to daily life around the world, the threat of cyber-attacks has become a real issue for many companies, both small and large. This is …

The consumer financial system has an important role to play in achieve complex global goals such as ending poverty, abolishing hunger, moving to renewable energy and reducing inequality since the …

For many around the world (especially those in rural areas), access to financial services represents a major problem; however, FinTech is bridging that gap and helping more and more consumers …

Converse Bank will support several FinTech startups that participated at the ‘Sevan Startup Summit 2018’. The bank will prioritize innovative thinking and the introduction of novel approaches in the economy. …

There are three main banking services people routinely use: payments for products/services (i.e. transfers from one account to another), lending (i.e. borrowing funds from a bank for a specific purpose …

Uber revolutionized the car transportation business when it created a market capitalization of billions of dollars without owning cars or carrying any stock. Similarly, the open API economy has acted …

The era of open banking has come, and it is already starting to change the rules of the game for financial institutions around the world. As this trend continues, it …

We live in a world where startups are emerging everywhere thanks to the idea of aggregated information. For example, to buy a car, you no longer have to go from …

The Bank of England is conducting a full review of its interbank payment system, including studying the possibility of transitioning to an updated version of the real-time gross settlement service …

A new universal scoring platform has been presented in Kyrgyzstan as part of the ‘Eurasian Digital Platforms’ international competition. The new platform uses data from communications operators, credit bureaus and …

UzCard has announced the launch of instant money transfers from Qiwi and CONTACT. The transfer is currently only available in one direction (i.e. from Qiwi/CONTACT to UzCard); however, UzCard plans …

In the modern world, most people are familiar with the ‘Software-as-a-Service’ (SaaS) concept, whereby app services are pay-as-you-use rather than being bought outright. These services used to cost a fortune …

Find out how adopting the ‘bank as a platform’ approach will help banks shift to a model of service offerings and achieve greater and more sustainable economic value. New Kazakhstani …

US-based POPin Video Banking has teamed with mobile firm MEA Financial Enterprises to integrate the POPin platform into MEA’s Android and iOS digital banking applications. According to POPin, the partnership …