API standardization in Open Banking can be likened to forging a universal financial lexicon. By adopting a standardized protocol, diverse financial systems can harmonize their operations, giving birth ...

The financial services industry is undergoing a seismic shift, driven by Open Banking — a movement that promotes customer-centric banking through APIs. By enabling secure data sharing and seamless ...

Ozone API, the global open banking firm, recently announced a strategic partnership with Tuum, a core banking provider, to enable Tuum’s customers to comply with open banking regulations and ...

1) An academic study titled “Open data and API adoption of US Banks” which equates the use of APIs with open banking, and 2) a Pymnts article titled “46% of US Consumers Say They’re Ready for Open ...

Artificial intelligence (AI) isn’t the only technology driving digital transformation. For banks, retailers and enterprise businesses, open banking and application programming interfaces (APIs) are a ...

New open banking rules have created the potential to enable smaller institutions to compete more effectively with their larger peers — if they're willing to seize the opportunity, writes Susan Foulds, ...

At this point in your life as a consumer, you’re accustomed to having less privacy than you used to. Technology in financial products makes your life easier in myriad ways, but also far less private.

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. As open banking is embraced worldwide, we have taken a look at ...

Apple is soft launching a new iPhone Wallet app integration today that is powered by the United Kingdom’s Open Banking API. The Wallet app will now be able to show the user’s current account balance ...