Open Banking API RSS
BBVA commercialises Open Banking APIs ahead of PSD2
Spanish bank BBVA says it is open for business with its Open Banking programme and is making eight of its APIs commercially available for the first time ahead of the new PSD2 regulation. The launch of BBVA API Market comes after the Spanish bank says it spent more than a year working with developers and businesses to [...]
The post BBVA commercialises Open Banking APIs ahead of PSD2 appeared first on Payments Cards & Mobile.
Banks at risk of missing the open banking opportunity
Monitise FINkit has announced the key findings from its research into senior banking executives’ priorities, challenges, and future plans surrounding open banking. The study, carried out by independent researchers LM Research, includes responses from 15 major UK banks and other financial institutions. Regulation: keeping bank executives awake at night but they are at risk of missing [...]
The post Banks at risk of missing the open banking opportunity appeared first on Payments Cards & Mobile.
Banks using APIs will accelerate financial services innovation
In what has become a classic story in the financial technology space, the start-ups that were born out of a professed desire to disrupt the banking industry have evolved to rely on and partner with incumbents for distribution, access to investment and loan capital, and scale. In areas as diverse as lending, investing, deposits, and [...]
The post Banks using APIs will accelerate financial services innovation appeared first on Payments Cards & Mobile.
90% of UK unaware of Open Banking – would not consent of personal data sharing
Research from Equifax has revealed that 90% of UK consumers have not heard of the Open Banking initiative, with 45% of respondents then going on to say that they are not likely to use Open Banking when it becomes available. When asked about sharing personal data through Open Banking, 60% said they would not consent [...]
The post 90% of UK unaware of Open Banking – would not consent of personal data sharing appeared first on Payments Cards & Mobile.