4 Ways Digital CX Leaders Can Use Open Banking and APIs
Refocusing on what consumers really want from open banking and using the technology to save them time and effort are essential.
Open Banking
Articles about open banking, looking at how fintechs and third-party developers use data and APIs to build new digital banking applications and solutions.
Latest Spotlight Article:
Trends 2024: Consumers Will Drive Open Banking, Not Regulators
Marketplace forces are finally pushing the U.S. toward open banking. Why that's good news.
Popular Articles within Open Banking:
Data Reveals People Don’t Trust Open Banking or Fintechs, But Use Both
It may take years for the U.S. to fully embrace open banking, even though consumers routinely link third-party apps to their bank accounts.
Top Trends Transforming Business Banking in 2022 and Beyond
Fintechs are making deep inroads in the small business banking market, including lending, forcing banks to up their game.
Just How ‘Open’ Will Banking Become in 2022?
The financial institutions that will win in an open banking environment are already planning now and overhauling legacy IT infrastructure.
Six Retail Banking Technology Trends for 2022
The six trends will provide competitive advantages, including increased efficiency, improved experiences and future-proofed business models.
Why Open Banking Is a Must-Have for U.S. Financial Institutions
Increasingly consumers want solutions to their money challenges and they don't care if it comes from a bank, a fintech or some combination.
Data Sharing Partnerships Give a Big Boost to Open Banking
Moves involving Plaid and Q2, and Envestnet Yodlee and TD Bank will boost adoption of fintech data sharing by banks and credit unions.
Core Providers Not Seen as Viable Open Banking Partners
The development of open banking solutions by banks and credit unions requires significant support beyond existing third-party partnerships.
People Love Digital Banking, But Will They Surrender All Their Data?
The shift to an online landscape revolutionized banking. The industry is evolving how it shares data but consumers aren't prepared.
9 Tech and Payment Trends Shaping Community Institutions’ Future
Banks and credit unions must 'lean into' technology to a much greater degree if they hope to prevent consumers from straying to fintechs.
Open Banking Transforming Business Models Forever
Financial institutions must embrace the open banking movement as a path to relationship growth and organizational efficiency.
How Should Banking Respond to Embedded Finance Model?
Banking organizations must find ways to improve consumer experiences by participating in embedded financial opportunities with third-parties.
Open Banking Builds Trust Among Consumers at Multiple Levels
A turning point in financial data sharing may be coming, which will open up opportunities for both consumers and financial organizations.
How Open Banking’s Big Threat to Incumbents Could Become a Gain
Forget what you think about this subject and focus on one thing: Financial data will increasingly be open. You can benefit or sink.
3 Ways to Keep Data Fraud From Sabotaging Digital Banking CX
As the world becomes more digital, fraudulent activity will continue to skyrocket. Proactive steps can help prevent financial havoc.
Late Adopters of ‘Embedded Finance’ Must Play Catch-Up Fast
Behind the curve, many institutions must figure out how to make their systems synch with nonbanks that have the entrée to fresh markets.
The Importance of a Modern Banking Platform
FIS Global is helping banks find the right investment in available technologies. Andrew Beatty, the head of Global Next Generation Banking, shares his projections for where the industry needs to focus efforts.
MoneyLion Brings Platform Banking to Life with a Financial Marketplace
Taking a different route than Chime and Robinhood (which it so far trails) the neobank will use fresh capital to leverage AI-enhanced data.
Consumers Say ‘Open Banking’ is Scary, Confusing and Awesome
People don't know what 'open banking' is and those that do don't like the concept, but they actually love the outcomes and what it does.
How U.S. Institutions Can Play the Open Banking Game and Win
API-powered 'banking-as-a-service' arrangements with fintechs won't disrupt existing banking strategies, but extend them – improving CX.
Google Claims It Has ‘No Interest In Ever Becoming a Bank’
'Plex,' a combined checking and savings product that plugs into the Google Pay wallet, pulls in more banks. Citibank explains its plans.
U.S. Financial Institutions Now Lead Europe in Open Banking (Here’s Why)
Use of API-based data sharing between banks and fintechs is growing fast — and without regulation. All size institutions stand to benefit.