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.

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. By integrating the two platforms, banks can couple real-time banking ...

Modern open banking marketplaces and API integrations help community banks bridge the gap between core banking systems and ...

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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 ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Banks stand to benefit as much as fintechs in a new era ...

Anyone who has attempted to import multiple sets of data into a spreadsheet knows how important it is for shared datasets to have common formatting standards. What's true for Microsoft Excel is even ...

US banks will now have to give customers access to their financial data after the top consumer watchdog finalized a long-awaited rule aimed at fueling more competition for financial products and ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Open banking is revolutionizing financial services by enabling secure data exchange between ...

The use of artificial intelligence in the banking and financial services sector isn’t novel; it’s been occurring for decades. Banks have been utilizing computer models to evaluate creditworthiness and ...

Crypto and fintech groups are urging Trump to defend open banking rules, warning the case could affect access to wallets, DeFi apps, and stablecoins. A coalition of trade groups representing the ...