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Tag: Open banking

Tag Archives: Open banking

25Apr/23

The current state of open banking regulation around the world.

April 25, 2023FinanceAustralia, Bank, Brazil, E-commerce, Economy, Finance, Financial markets, Financial technology, Mobile banking, Money, Open banking, Payment Services Directive, Payment systems, Personal financial management, Singapore, United Kingdom, United Statesadmin

April 25, 2023 /Finance/ — Open banking is a financial services term for the practice of allowing third-party financial service providers to access customer data held by other financial institutions, through the use of application programming interfaces (APIs). The goal of open banking is to promote innovation and competition in the financial services industry by giving consumers more choices and control over their financial data. Continue reading →

01Jul/22

GoCardless to acquire open banking platform Nordigen, combining broad open banking connectivity with bank payment expertise

July 1, 2022FinanceArticles, Bank, Economy, Nordigen, Open banking, Paymentche

GoCardless, the global leader in direct bank payments, has announced its plans to acquire Nordigen, the freemium open banking data provider, as it builds on its vision to become the world’s bank payment network. GoCardless will incorporate Nordigen’s next-generation open banking connectivity — offering the widest coverage in Europe, connecting to more than 2,300 banks in 31 countries — into its account-to-account network. Continue reading