Open Banking

Open Banking Market to Exceed $130 Billion by 2032, Driven by Innovation
Trends & Future Open Banking Market to Exceed $130 Billion by 2032, Driven by Innovation

Open banking is set to revolutionize the financial industry, with projections estimating the market's value will surpass $130.2 billion by 2032. As third-party financial service providers gain access to consumers' banking data through APIs, the landscape of financial services is being

August 26, 2024
Mastercard and Argyle Simplify Lending with Digital Verification Upgrades
Trends & Future Mastercard and Argyle Simplify Lending with Digital Verification Upgrades

Mastercard recently announced significant enhancements to its Open Banking for Lending program in collaboration with Argyle. These upgrades are intended to simplify the often cumbersome lending process while empowering consumers with greater control over their financial data. The initiative

August 19, 2024
Can GDS Link and Atto Transform Credit Decision-Making Processes?
Trends & Future Can GDS Link and Atto Transform Credit Decision-Making Processes?

The rapidly evolving financial landscape demands swift and accurate credit assessments, and the newly formed partnership between GDS Link, a prominent entity in credit risk management, and Atto, an open banking provider, aims to meet this need head-on. This strategic alliance is set to harness

July 24, 2024
How Will Open Banking Transform Retail Payments and User Experience?
Trends & Future How Will Open Banking Transform Retail Payments and User Experience?

The ever-evolving landscape of retail payments is witnessing a transformative shift with the advent of open banking. By leveraging advanced technologies, open banking presents numerous benefits for both retailers and consumers, promising lower transaction costs, heightened security, and an improved

July 16, 2024
How Will PSD3 Shape the Future of Open Banking?
Trends & Future How Will PSD3 Shape the Future of Open Banking?

The stage is set for a revolutionary leap in the banking sector as the industry gears up for the introduction of PSD3. With the transformative effect of PSD2 already in play, reshaping the financial landscape through strengthened collaboration and a focus on security and customer convenience,

May 30, 2024
Rule 1033 Unlocks Open Banking Revolution in the US
Digital & Technology Rule 1033 Unlocks Open Banking Revolution in the US

Open banking is heralding a new era of financial management, offering consumers unprecedented control over their financial data. This transformation is being propelled forward by the Consumer Financial Protection Bureau’s (CFPB) Rule 1033, a directive that promises to enhance consumer agency and c

May 7, 2024
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