The banking industry was doing just fine for centuries without “open banking.” Bankers were always in the business of managing risk. They collected deposits and issued loans. The reputed oldest bank ...

If you want to understand what is happening, follow the money. For banking and financial services, this points to a long-term shift in how we think about and use money. Boston Consulting Group this ...

Banks can face security risks when customers share their financial data using third parties. Citizens Bank built a tool designed to let clients securely and efficiently share data. This article is ...

If a business wants to let a software program consume its banking data, it typically needs to go through a long series of processes, involving extensive paperwork and implementation, to do so.

Artificial intelligence (AI) isn’t the only technology driving digital transformation. For banks, retailers and enterprise businesses, open banking and application programming interfaces (APIs) are a ...

Mastercard is grooming a new batch of fintech companies as potential partners to help keep up with demand for faster, more secure payments. Processing Content The card network recently named nine ...

Digital banks called Neo Banks provide quicker banking services. Neo banks provide a range of financial services using mobile apps and web platforms, operating solely online without any physical ...

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 ...

NEW YORK--(BUSINESS WIRE)--Sopra Banking Software, a global financial technology service provider has partnered with KCB Bank Kenya to further bolster the lender’s digital capabilities. The Bank has ...