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Open banking stories

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Open banking will 'force' banks to innovate around climate
Last month
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fintech
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climate change
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open banking
"Banks who provide carbon footprinting functionality in-app will avoid seeing their customers go elsewhere for this type of support."
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Open banking, payments and a new era for customer loyalty
Tue, 28th Feb 2023
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fintech
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payment gateways
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contactless payments
Open Banking has matured into an innovative payments solution enabling merchants to drive conversion, reward loyalty and improve the customer experience.
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Financial services companies targeted by 28% of all cyber attacks
Wed, 8th Feb 2023
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fintech
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cybersecurity
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cyber attacks
Cyber threats directed towards financial services has grown rapidly, driven by digital transformation and regulation such as open banking.
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Mortgage aggregator Finsure gives brokers Open Banking access
Tue, 17th Jan 2023
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open banking
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finsure
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frollo
Finsure has partnered with Frollo and NextGen to use Open Banking data as part of the loan application process.
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Open Banking uptake well underway in Australia: Experian
Thu, 29th Dec 2022
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forrester research
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transparency
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privacy
The findings are from Experian's latest business and consumer insight report, developed in partnership with Forrester, exploring open Banking and data privacy.
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Open banking set to give NZ customers a fairer deal
Mon, 14th Nov 2022
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nz government
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open banking
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customer data
Open banking is now being introduced in New Zealand, with the Government saying the move will increase bank competition and deliver a better deal for New Zealanders.
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Exclusive: Envestnet | Yodlee on enhancing open banking and data infrastructure
Wed, 28th Sep 2022
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saas
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cloud banking solutions
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open data
Advisors and financial service providers need innovative technology, solutions and intelligence to make financial wellness a reality for everyone.
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The future of banking will be open and interconnected
Tue, 6th Sep 2022
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colocation
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blockchain
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multi-cloud
The banking industry as a whole is undergoing a digital transformation, challenging the supremacy of established banks that have, for decades, been at the heart of the global financial system.
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A look at the rewards and risks of open banking - report
Tue, 10th May 2022
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cloud banking solutions
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open banking
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security
RiskBusiness says its report on open banking finds that while it holds much potential, financial services firms need to ensure they have robust, risk processes.
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The Consumer Data Right and what it could mean for Aotearoa's data privacy
Wed, 16th Feb 2022
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cloud banking solutions
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open banking
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payments nz
“We believe the open data revolution can only strengthen our country’s economic prosperity and individual financial wellbeing.”
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How open banking benefits customers, banks – and cybercriminals
Tue, 18th Jan 2022
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ddos
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fintech
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cloud banking solutions
While open banking benefits banks, fintechs, and consumers, its promise to deliver innovative services and spur competition does not come without security cautions.
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Philippines neobank Tonik steps up banking game with Google Cloud
Tue, 18th Jan 2022
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hyperscale
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public cloud
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cloud services
According to Tonik founder and CEO Greg Krasnov, the company needed to drive its value proposition not just through cost, but also consumer trust.
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Risk and reward: Report reveals what risks businesses should look out for in 2022
Wed, 12th Jan 2022
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cloud banking solutions
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cryptocurrency
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risk
A new report by RiskBusiness Services Limited has revealed various challenges and opportunities that businesses could face in 2022 while also exploring new horizons for financial services firms.
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The best practices for safer adoption of open banking
Mon, 22nd Nov 2021
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finance, leasing & rental
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cloud banking solutions
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banking industry
Asia-Pacific is a leader in open banking, thanks to the region's extensive digital ecosystems and a willingness to share data. Both financial institutions and tech firms have developed data-sharing infrastructure, and adoption rates are high in many countries belonging to the region.
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Why open banking shouldn’t be seen or heard
Mon, 19th Apr 2021
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fintech
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cloud banking solutions
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open banking
To truly be customer-centric, it’s time to stop talking ‘open banking’ and show consumers that it’s simply ‘smart banking’, using modern technology to deliver better financial – and social – outcomes.
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TIBCO outlines data sharing across open banking, finance and beyond
Thu, 19th Mar 2020
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cloud banking solutions
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fintech
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data sharing
Open banking is one step in the move towards an ‘open API economy’, in which key services are shared amongst internal departments, partners, and even public developers.
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Banks feeling the pressure of the digital revolution
Thu, 1st Aug 2019
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commerce systems
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martech
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cloud banking solutions
A new report found that competition is increasing between established retail banks and the technology and eCommerce disruptors that are offering new payment solutions.
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ForgeRock achieves open banking compliance certification
Tue, 30th Apr 2019
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cybersecurity
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fintech
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iam
FAPI is an open standard designed for banks and fintechs in Europe and around the world to build Open Banking standards for secure exchange of consumer financial information.
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Unisys encourages financial institutions to adopt open banking
Wed, 24th Apr 2019
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big data
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bi
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data analytics
“It establishes the bank as an integral part of the customers’ life – a ‘one-stop-shop’ where they can get personalised products and services they want, when they want them.”
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ForgeRock launches Sandbox-as-a-Service to facilitate compliance
Mon, 18th Mar 2019
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compliance
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cloud banking solutions
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forgerock
The cloud-based testing environment for APIs enables banks to accelerate compliance with Open Banking and PSD2 deadlines.
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Ping Identity CTO’s cybersecurity predictions for 2019
Tue, 22nd Jan 2019
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malware
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iam
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cloud banking solutions
“Our borderless world provides unprecedented freedom and convenience, but also breeds a whole new set of cybersecurity risks and concerns.”
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Stronger security needed before open banking arrives - Okta
Tue, 15th Jan 2019
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malware
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ddos
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cloud services
As early as July 2019, Australian banks will need to have a system in place that both benefits customers and protects their personal data.
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Why open banking is a good thing for New Zealand SMBs
Thu, 16th Aug 2018
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bi
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accounting systems
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big data
Open banking is closer to reaching the New Zealand public, with a pilot project currently underway and due to wrap up by the end of the year.
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