Standard Chartered is taking a significant leap in digital banking by launching its Open Banking Marketplace. This innovative platform provides over 100 API products to industries like manufacturing, fintech, and e-commerce across 33 international markets. The marketplace originated from the
The financial sector is on the brink of a pivotal shift, thanks in part to the rise of open banking and artificial intelligence. Mastercard’s Jess Turner, who heads Global Open Banking and API, contributed to a Forbes article outlining a future where these technologies open up a wealth of p
The UK's financial sector is proactively enhancing consumer protection in the dynamic open banking sector. Open Banking Limited (OBL), the entity in charge of this tech-driven banking sphere, is set to receive a significant £10 million boost. This investment aims to strengthen OBL’s ca
The Consumer Financial Protection Bureau (CFPB) is guiding the evolution of open banking regulations. By setting a deadline for the Personal Financial Data Rights rule by fall 2024, the CFPB plans to give consumers greater control over their financial data. This initiative is a key component in the
