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The launch of Open Banking in Canada

Interviews | Online & Mobile Banking | 02 Aug 2023

Marissa Daniels, Senior Associate at Torys, discusses the budding progress of Open Banking in Canada, its regulatory pathway, partnerships, and rules, as the country eagerly awaits an Open Banking framework.


Open Banking, financial data, financial institutions, financial inclusion, data privacy, online security, API, fintech, banks, consent, cybersecurity, regulation

Zeal Solutions and Basiq partner for consumer-consented credit data

News | Payments General | 28 Oct 2021

Australia-based consultancy company Zeal Solutions has partnered with API platform Basiq to provide credit assessment solutions.

partnership, API, credit scoring, data, consent, digital onboarding

Yolt partnered with Keebo for credit card services

News | Cards | 29 Sep 2021

Yolt, a Netherlands-based open banking provider, has been chosen by Keebo, to deploy Open Banking data through the application of Account Information Services (AIS) into its business.

credit card, Open Banking, API, lending, data aggregation, consent, financial inclusion

Open Banking: Sicredi partners with Sensedia

News | Online & Mobile Banking | 25 Jun 2021

Sicredi has joined Sensedia, the API Management and Integrations company in Latin America, to create Open Banking strategies.

Open Banking, data sharing, consent

The Paypers releases the global infographic and industry mapping of key players in Open Banking

News | Online Payments | 17 Dec 2020

The Paypers has released a global scale infographic and industry mapping of key players in the Open Banking ecosystem

Open Banking, Open Finance, Open Data, data, digitalisation, payments , fintech, innovation, banks, financial inclusion, security, agile, fraud prevention, standardisation, third party providers, API, cash management, personal finance management, use cases, account aggregation, Request to Pay, compliance, regulation, onboarding, partnership, developers, account-to-account payments, mapping, data sharing, finance, banking, Know Your Customer, KYC, credit scoring, TPP checking, repository, API security, authentication, Strong Customer Authentication, lending, savings, insurance, banking-as-a-service, core banking, risk management, payment initiation, consent, customer experience, open payments, transaction monitoring

Global Mapping and Infographic of Key Players in the Open Banking Ecosystem 2020–2021

Report | Online & Mobile Banking | 17 Dec 2020

The Paypers releases the Who`s Who in Open Banking report - the global infographic and industry mapping of key players in the Open Banking ecosystem

Open Banking, Open Finance, Open Data, data, digitalisation, payments , merchants, corporates, SMEs, small businesses, fintech, innovation, banks, financial inclusion, security, agile, fraud prevention, standardisation, third party providers, API, cash management, personal finance management, use cases, account aggregation, Request to Pay, compliance, regulation, onboarding, partnership, developers, account-to-account payments, COVID-19, insights, mapping, data sharing, finance, banking, Know Your Customer, KYC, credit scoring, TPP checking, repository, API security, authentication, Strong Customer Authentication, lending, savings, insurance, banking-as-a-service, core banking, risk management, payment initiation, consent, customer experience, open payments, transaction monitoring

MAS and SNDGG launch Singapore Financial Data Exchange (SGFinDex)

News | Online & Mobile Banking | 07 Dec 2020

The Monetary Authority of Singapore (MAS) and the Smart Nation and Digital Government Group (SNDGG) have launched the Singapore Financial Data Exchange (SGFinDex), which will enable Singaporeans to consolidate their financial information for more effective financial planning.

MAS, SNDGG, Singapore Financial Data Exchange, SGFinDex, digital identity, consent, data protection, privacy, financial information, data

Many people accept privacy policies without reading them, study reveals

News | Payments General | 25 Nov 2020

87% of people accept privacy policies without reading them, with TikTok, Whatsapp privacy policies being among hardest to understand, according to a survey conducted by Addictivetips.com.

Addictivetips.com, data privacy, consent, API, Cookies, GDPR, social media, ikTok, WhatsApp, LinkedIn, privacy policy

Oakbrook Finance launches Open Banking lending solution

News | Online & Mobile Banking | 12 Nov 2020

UK lender Oakbrook Finance has returned a fully automated Open Banking lending decision via a third-party aggregator by teaming up with credit scorer and product marketplace ClearScore and data analytics provider AccountScore.

Oakbrook Finance, Open Banking, lending aggregator, data, consent

HKMA launches Commercial Data Interchange

News | Online & Mobile Banking | 03 Nov 2020

Hong Kong Monetary Authority has announced the establishment of an HKMA-led Commercial Data Interchange, or CDI, according to DigiFin.

HKMA, Commercial Data Interchange, API, Open Banking, fintech, data, CDI, consent, payments , data sharing

IndusInd Bank goes live on RBI's Account Aggregator Framework

News | Online & Mobile Banking | 30 Oct 2020

IndusInd Bank has gone live as a Financial Information Provider (FIP) under the new ‘Account Aggregator Framework’ of the Reserve Bank of India (RBI), making it the first bank in the country to do so.

IndusInd Bank, RBI, Account Aggregator Framework, Open Banking, finance management, loans, consent, SMEs

PFMs that still rely on screen scraping should embrace Open Banking APIs

News | Online & Mobile Banking | 22 Oct 2020

Yolt Technology Services (YTS) has conducted a survey  across the UK and the Netherlands to better understand the perception of different industries towards open banking.

UK, Netherlands, Open Banking, screen scraping, personal finance, PSD2, SCA, Strong Customer Authentication, finance management, report, standardisation, compliance, security, data privacy, money management, COVID-19, survey, Yolt Technology Services, consent

The Global Open Banking Report 2020 – Beyond Open Banking, Into the Open Finance and Open Data Economy

Report | Online & Mobile Banking | 01 Oct 2020

The Global Open Banking Report 2020 follows the journey from Open Banking to Open Finance and Open Data Economy and provides key insights about the benefits of Open Finance for different areas of financial service

Open Banking, Open Finance, Open Data, data, digitalisation, payments , merchants, corporates, SMEs, fintech, innovation, banks, financial inclusion, security, agile, fraud prevention, standardisation, third party providers, API, cash management, personal finance management, use cases, account aggregation, Request to Pay, compliance, regulation, onboarding, partnership, developers, treasury, account-to-account payments, coronavirus, COVID-19, pandemic, actionable insights, consumers, mapping, data sharing, finance, banking, Know Your Customer, KYC, credit scoring, TPP checking, repository, API security, authentication, Strong Customer Authentication, lending, affordability, savings, insurance, data strategy, banking-as-a-service, core banking, risk management, payment initiation, consent, customer experience, open payments

Fiserv rolls out AllData Connect for managing external account aggregation

News | Online & Mobile Banking | 07 Sep 2020

Fiserv, a global provider of financial services technology solutions, has launched a new aggregation solution AllData Connect.

Open Data, account aggregation, Fiserv, AllData Connect, APIs, consent, data privacy, US

Intuit, Bank of Montreal include QuickBooks software in bank's API portal

News | E-invoicing, SCF & E-procurement | 17 Aug 2020

The Bank of Montreal (BMO) has created an API portal to allow small business clients to share their data with Intuit’s QuickBooks accounting software suite.

Bank of Montreal, BMO, Intuit, QuickBooks, QuickBooks Online, accounting software, API, API portal, small businesses, financial data, online banking, applications, cloud, business payments, bill payments, bill management, payroll, financial information, consent, ownership

Blackhawk Network appoints Moneyhub for leasing compliance solutions and Open Banking standards

News | Online & Mobile Banking | 11 Aug 2020

Blackhawk Network has appointed Open Finance data and intelligence platform Moneyhub to deliver its compliance with the Open Banking standards. 

Blackhawk Network, Moneyhub, compliance, Open Banking, standards, Open Finance, consent, payments , financial wellness, API

Chartwell is latest broker to sign up to Credit Assess open banking product

News | Online & Mobile Banking | 04 Aug 2020

Click2Check has announced Chartwell Mortgage Services as the latest company to sign up to its Credit Assess online product.

Chartwell, Credit Assess, Open Banking, credit scoring, data, consent

Most cookie consent requests don't comply with EU data collection regulations

News | Digital Identity, Security & Online Fraud | 13 Jan 2020

According to new research, most consent requests for digital cookies to track users’ web activity do not comply with Europe’s data collection regulations. 

consent requests, Cookies, data, trust, consent, data management, GDPR

Nixu pilots flexible data flows between organisations in Finland

News | Digital Identity, Security & Online Fraud | 16 Dec 2019

Nixu, a cybersecurity company, has been involved in the implementation of the service pilot conducted in Finland by Vastuu Group and the Finnish Transport and Communications Agency Traficom.

blockchain, data, sharing data, consent, MyData, Finland, Nixu, cybersecurity

The Bank of Israel publishes guidelines for implementation of the Open Banking standard in Israel

News | Payments General | 11 Dec 2019

The Bank of Israel has published a draft for public comments of a Proper Conduct of Banking Business directive on "Implementation of Open Banking".

The Bank of Israel, Open Banking, Israel, consent, payments , banks, credit card companies