A year ago, I believed UK Open Banking payments were on a roll. Total payment initiations for 2022 were 68 million payments, an increase of 171% over 2021, showing a strong foundation for Open Banking ...

Banks and payment companies will have no shortage of chances to expand their businesses, or risk losing ground to rivals in the coming year. The industry faces rapid change on multiple fronts, ...

DNA Payments is bringing more flexible payment options to the payments space, being one of the first to market in the UK by launching Open Banking for its axept PRO payment terminals, offering ...

Businesses and consumers are increasingly transitioning to cashless or cash-light transactions, driven by the growing adoption of remote and online payment solutions. According to American Bankers ...

Managing payments and customer data can feel overwhelming for merchants. High fees, slow settlements, and outdated processes often hold businesses back. Open banking platforms promise a faster, more ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Tink also recently hit a new €100M peak in a single day for its payment ...

The payment landscape has evolved at an exponential rate over the past decade, with many payment methods rising to become some of the most used solutions across retail, eCommerce, B2B ...

Payments-technology provider Dwolla Inc. announced Tuesday the launch of its open-banking service for mid- and enterprise-sized businesses. The service streamlines businesses’ ability to embed ...

There have been lots of discussions recently surrounding open banking. It’s bringing innovation to the financial world by opening up access to bank accounts. Yet, the technology is still in its ...

Citizens Bank's latest foray into open banking is aimed at the annoyance of switching recurring payments from one card or bank account to another, a hurdle the bank plans to ease through a mobile app ...

Much has been said and written about open banking in the last few years, and 2024 certainly saw it achieve significant traction. The U.K.’s open banking roadmap reached full completion, with the ...

The UK government has begun its search for an IT supplier to support its plan to build open banking capabilities into its payment platform. The Government Digital Service (GDS) is looking for a tech ...