Open banking unleashes business lending race
The UK’s open banking directive is starting to propel SME growth and is having a cascading effect on European banking...
Tag : Open Banking
UK: Open banking unleashes business lending race
The UK’s open banking directive is starting to propel SME growth and is having a cascading effect on European banking...
European banks must seize the immense opportunities presented by open banking
The technology has gained prominence because of its ability to supersede archaic interfaces and slow networks in a short time span...
Banks with a digital core using APIs better placed to take full advantage of new open banking regulations
Technology, valuable customer data, and the public trust to use and share that data gives banks a distinct competitive advantage...
Open banking is a gold mine for financial firms
A Forrester study says 99% of financial firms expect to benefit from adopting the technology—mainly because of its impact on customer relationships...
Sage automates salary and supplier payments with Modulr
“Modulr brings significant industry expertise that offers us the opportunity to expand the capabilities of our solution with new functionality and geographies, together with specific support for the development of our partner channels," says Seamus Smith, executive vice-president Global Payments & Banking at Sage...
Adyen launches new payment method powered by open banking
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...
Nationwide survey says UK banks are lagging behind demand for instant account set-up
A nationwide study of British consumers reveals that UK banks are struggling to keep up with the demand for instant bank accounts...
Data security is key to unlocking Open Banking for consumers
The research was conducted by Forrester Consulting on behalf of TransUnion, and used in conjunction with TransUnion’s own survey of UK consumers...
Regulatory oversight must be addressed in Open Banking
As customers get accustomed to new standards put forth by open banking, it is the industry’s collective responsibility to build trust in the ecosystem...