FS-ISAC hopes banks and data aggregators will adopt the updated standard for sharing customer account data.
Celent analysts Alenka Grealish and Stephen Greer explain how banks in Europe and the Netherlands have built business models around open banking.
The few U.S. banks embracing data sharing say the industry is moving toward the standard.
The European core systems vendor has been making inroads into the U.S. market in recent years.
Enterprise customers will be able to send payment data to the bank through an application programming interface, rather than as XML or Swift files.
Dan Kimerling, founder of Deciens Capital, explains why it would make sense for U.S. banks to accept open banking.
Banks' embrace of open-source development could eventually go beyond creating tools and apps — to something far more radical.
TD Bank's new lab seeks to divine the future of banking.
A new European Union directive guarantees that third-party providers can access bank customers’ account information. The requirement will trigger a new revolution in financial services in Europe that U.S. bankers should be tracking.
Key efforts for banks include developing AI applications, adding fintech allies and strengthening cyberdefenses.
