open banking

By allowing consumers to securely share their financial information with trusted third-party providers like personal finance apps, open banking unlocks the trifecta of positive customer experience: greater convenience, more financial insights, and hyper-personalized services that improve how consumers move, manage, and make money.     In the era…

Evolution within the financial services industry has unlocked unlimited opportunities and solutions for consumers. Open finance—a global movement—gives consumers new and exciting ways to manage finances, from budgeting and investing to paying a bill or applying for a loan. As a result, financial institutions, 3rd-party providers, and fintech apps…

One of the most stable, enduring industries you can name, at least in the developed world, is finance and banking. But there’s a major disruption coming, in fact, it’s already landed. Open Banking is revolutionizing the industry and threatening traditional banking models. At its most basic, this new model requires financial institutions to provide…

Have you heard the buzz around Open Banking? For anyone in the financial services industry, you should be more than familiar. Open Banking is revolutionizing consumer banking and redefining it as a customer-centric ecosystem for banks and third-party providers.  Driven by the European Union (EU) adoption of the revised Directive on Payment…