Tag "open finance"
Open Banking Adoption: 1578 Banking Platforms and 5564 APIs Worldwide
Around the world, open banking adoption is rising steadily, embraced by a growing number of banks and fintech companies to provide innovative financial products and tap into new market segments. A new report by Platformable, a Barcelona-based startup building data
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France Central Bank Officer Praises the Potential of Open Finance
The European Union (EU) was among the world’s pioneers in open banking regulation, adopting since the late 2000s a series of directives to allow new types of market players to provide payment services alongside credit institutions, ultimately increasing competition and
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Open Finance, Green Fintech Among Swiss Federal Council’s Top Areas of Focus for Coming Years
Switzerland’s Federal Council has set out 12 key fintech trends and technologies it will be putting a focus on for the coming years as part of the government’s ambition to establish the country as a top business location for digital
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European Banks Move Towards Open Finance
Across Europe, banks are moving beyond open banking and PSD2 requirements, steadily transitioning towards open finance, a new report by open banking startup Salt Edge says. The paper, titled State of open banking payments in Europe in 2021, draws on
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Swiss Consumers Show Interest in Open Banking-Enabled Services Despite Low Awareness
In Switzerland, although just a few consumers know what open banking is, consumers are showing strong interest in the use cases and opportunities the trend brings, signaling that future growth and adoption of open banking will be driven by consumer
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Open Finance: SIX’s bLink Platform Could Act as the Trusted Central Authority
With open finance increasingly coming to the public’s attention in Switzerland, discussions on API standards are accelerating. In July, industry trade group Swiss Fintech Innovations (SFTI) released a whitepaper outlining key considerations to address in regards to data security and
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