If a business wants to let a software program consume its banking data, it typically needs to go through a long series of processes, involving extensive paperwork and implementation, to do so.

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 ...

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 ...

To reach new consumers and businesses for savings and lending, Citibanamex isn't just building new products — it's building application programming interfaces, or APIs. This plan is also crucial for ...

Open banking comes with a lot of expectations and promises, such as democratisation of Access to Account (X2A), increased competition between banks and fintechs, and provision of better control to end ...

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 ...

Application programming interfaces (API), open banking and banking as a service (BaaS) are making banking easier than ever, and the old ways of controlling finances and doing business are becoming ...

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.