"Open" has recently become a new buzzword in the financial services industry, i.e. open data, open APIs, open banking… , but what does this new buzzword really mean? "Open" refers to the capability of ...

Here’s a counter-intuitive idea -- an open source project for banking which turns the bank into a platform. Isn’t that just about the opposite of what banks want to do? Actually, Open Bank makes it ...

Seylan Bank PLC has partnered with eChannelling Ltd., to integrate with the Bank’s Open Application Programming Interface ...

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 ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The company has successfully updated the model bank to support the ...

While a handful of U.S. banks are opening their software and data to outside applications, something much bolder is happening in Europe: governments are championing the practice, especially the U.K.

In the new open banking world, banks are no longer just service providers but platform enablers that offer everything from payment processing to account verification through application programming ...

BERLIN--(BUSINESS WIRE)--API3 has entered into a 10-year development partnership with Open Bank Project to connect over 400 banking & open banking APIs directly to blockchains via API3’s Airnode, all ...

United Commercial Bank PLC (UCB) has launched a microservices-based open API banking platform following an upgrade to its core banking system (CBS). The new open API infrastructure enables UCB to ...

Provides SCB Korea with system APIs from OpenLegacy’s mainframe core banking application Extends SCB Korea’s business-critical core banking functionalities to the Internet banking service PRINCETON, N ...