Payments powered by open banking also offer real-time credit transfers, guaranteeing the payment and enabling merchants to ship the product immediately—something that was previously impossible with traditional direct debits...
The race to emerge victorious in the digital age has opened a plethora of opportunities for technology to act as a catalyst. Application Programming Interfaces (APIs) could be that much-needed catalyst for the financial services industry, believe digital transformation leaders in Wells Fargo and Capgemini...
As banks grapple with Open Banking, BIAN has been leading the change for technology platforms for banks—be it through sustained knowledge sharing or standardising operating platforms...
IFM Correspondent The banking giant joins hands with developers and consumer brands to lead innovation November 17, 2016: American banking behemoth Citi unveiled a new global application programming interface (API) developer portal on November 10, which it says is the most comprehensive one available in today’s financial services market. The portal enables Citi to connect...
The Open Banking Standard Group seems to be making headway in bringing more transparency and openness to the sector Winston Bond September 16, 2016: It has long been held that the workings of the financial sector are so opaque that the average person is more likely to get a divorce than to switch banking providers....