The global banking sector is navigating a transformative phase with open banking gaining prominence as a core component for financial institutions’ future success. A joint report by Sopra Steria and Sopra Banking Software, with insights from Forrester and Ipsos, presents a compelling j
As the deadline for the Consumer Financial Protection Bureau's open banking rule draws nearer, set for conclusion in the forthcoming fall season, U.S. banks are facing a transformative challenge. The regulation requires financial institutions to enable customers to share their financial data
Standard Chartered Bank is making significant strides in the fintech sector with the launch of its Open Banking Marketplace. This innovative platform represents a major step in the digital banking evolution, offering businesses a robust arena to explore, test, and implement various Application
The digital marketplace is facing a significant legal battle as Apple's App Store policies are placed under the microscope. These policies, particularly those related to payments, have stirred controversy and led to the creation of a powerful alliance including tech giants Meta Platforms,
The global open banking market is on a formidable growth path, with its valuation set to skyrocket from $13.9 billion in 2020 to an estimated $123.7 billion by 2031. This expansion reflects a profound transformation within the financial services industry, underpinned by innovative technologies and
Small and medium-sized enterprises (SMEs) often struggle with the obstacles posed by traditional bank loans, from demanding application processes to strict criteria for approval. However, the emergence of open banking is beginning to revolutionize how these businesses access financing. Open banking
