BankThink – U.S. way behind the curve on open banking. Across North America, policymakers, fintech companies, and financial services firms are finally beginning an earnest dialogue about open banking. The Senate Banking Committee recently touched on the issue at a Sept. 18 hearing — one of the first official discussions in the halls of Congress.
US-based CA Technologies has entered a strategic alliance with Switzerland-based telco Swisscom to create an Open Banking Hub.
FreeAgent, the award-winning, and innovative cloud accounting software provider, has received new credentials from the UK’s Financial Conduct Authority (FCA) enabling it to provide Open Banking services.
How does it work? Open Banking is a secure way for you to use financial products and services from regulated apps and websites. It’s easiest to explain how it works with examples: watch the video to find out more.
Zopa is a pioneering financial services company that offers loans and investments. It has approved more than £3bn in personal loans since it came to life in 2005, a journey which earned it a reputation as Europe’s leading peer-to-peer consumer lender.
Watch the video.
This blog explains what Open Banking means while evaluating its implications and applications for financial services.
How to secure electronic transactions and prevent identity fraud while enhancing customer experience and trust?
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