This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor. Jess Turner, EVP, Global Head of Open Banking and API, Mastercard, speaks ...
Also known as instant or real-time payments, fast payments are characterized by the instant transmission of the payment message and the immediate availability of funds to the beneficiary on a 24/7/365 ...
SSBs are set to play a pivotal role in the open banking structure contemplated by the CFPB’s Final Rule. They are to be “fair, open and inclusive” industry bodies that meet specific requirements for ...
The use of open banking services in the UK has increased by a third in the past 12 months as it becomes “part of everyday life”, according to an industry authority. There were over 15 million users of ...
Rent-seeking banks looking to profit from their monopoly on access to customer data can't be allowed to stymie the development of open banking in the U.S., writes James McAndrews. America has an ...