Wenalyze: Transforming transaction data into strategic intelligence
Open Banking’s value lies in transforming raw transaction data into actionable insights—boosting accuracy, fraud detection, and customer understanding.
April 23, 2025
Open Banking’s value lies in transforming raw transaction data into actionable insights—boosting accuracy, fraud detection, and customer understanding.
Banks must ditch rigid legacy cores—modular, decentralised architectures enable agility, resilience, and innovation for a truly future-ready enterprise.
Open finance is expanding data-sharing beyond banking, reshaping payments, lending, and financial services worldwide.
How are Finastra and Salt Edge advancing open banking? Discover their partnership’s impact and future vision.
How are changing consumer habits shaping the peak shopping season? Discover Tink’s insights and catch them at PAY360 2025.
Open finance is redefining data sharing, innovation, and growth in financial services.
Open banking holds promise for e-commerce, but its success depends on targeted use cases, merchant incentives, and consumer trust.
The EU’s shift to open banking and finance presents both opportunities and challenges, demanding a balance between innovation, security, and regulation.
Open banking faces rising fraud risks, demanding industry-wide collaboration and smarter security solutions to build trust and resilience.
A2A payments, enabled by open banking, provide faster, cheaper, and more secure direct bank transactions, transforming industries like e-commerce and gaming.
Bahrain mandates corporate APIs in open banking, boosting fintech innovation and SME financial access.
In today’s globalised business environment, managing international payments, taxes, and compliance can be daunting. The Merchant of Record (MoR) model offers a solution, taking on the responsibility of payment processing, tax management, and regulatory compliance, freeing companies to focus on core operations and growth.
Open Banking set out to revolutionize finance by giving third-party providers access to customer data (with consent) to drive innovation and empower consumers. But while Europe’s PSD2 regulation has enabled new fintech services and a vibrant TPP ecosystem, adoption has fallen short of initial expectations. Complex regulations, security concerns, and, most critically, profitability challenges for banks have created hurdles. Discover how a shift in strategy, combined with data enrichment, could help banks embrace Open Banking as a growth opportunity rather than a regulatory burden.
Noda’s Pay & Go simplifies registration, KYC, and payment processing in one flow, enhancing conversion rates and user onboarding.
How open banking can reshape finance, enabling personalised services, streamlined verification, and improved fraud detection.
Open banking enhances financial convenience and transparency, but security depends on using regulated providers and careful data sharing.
Trust frameworks are the cornerstone of a secure and competitive open finance ecosystem, ensuring safe data sharing and fostering innovation across the financial services landscape.
Banks and criminals are locked in competition for customers and transaction revenue, using advanced technologies as weapons of choice. Technologies that deliver speed and convenience in modern banking, if unprotected,
UK banks’ reduced lending and account closures stress SMEs, highlighting the need for multi-service apps (MSAs) to streamline financial services with open banking.
Noda is expanding its open banking network to Brazil, allowing merchants to access seamless cross-border payment services, unified reconciliation, and instant banking across Brazil, Europe, the UK, and Canada.
The payment operations sector is navigating significant challenges due to capped interchange fees, driving a need for digital transformation, cost reduction, and innovative revenue models to maintain profitability.
Open banking revolutionises financial services by enhancing user experience with seamless account integration, real-time transactions, and personalised services.
Open banking in the UK has yet to fulfil its potential, with apparent division between banks and fintechs regarding how best to proceed and establish viable commercial models.
Predicting customer lifetime value (LTV) equips businesses to allocate resources efficiently, focus on high-value customers, and enhance personalised marketing strategies, thereby increasing profitability.
Confirmation of Payee (CoP), a relatively new service in the UK banking landscape, has emerged as a powerful weapon in the fight against fraud. By verifying the name on a
The UK leads the open banking revolution, driven by the Payment Services Regulations and the revised PSD2, fostering competition, innovation, and secure data access, with significant adoption growth and benefits for businesses and consumers alike.
PSD2 mandated banks to share customer information with licensed third-party providers through secure application programming interfaces (APIs), contingent upon customer consent.
Open banking is helping to revolutionise financial services access via APIs, enabling secure data sharing and fostering innovation in the banking industry
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
Businesses using open banking report spending 150 hours less on operational tasks each year versus non-users1 Open banking users save on payment processing fees annually, versus businesses using other payment
Open banking unlocks customer data, driving competition and innovation while reshaping the financial landscape for a more inclusive future. Open banking, a revolutionary concept in the financial industry, has reshaped
London, UK, 23 January 2024 – Ozone API, the open banking API platform founded by the team that designed open banking in the UK, today announced that it has raised
As 2023 draws to a close, it’s time for us to take a moment to reflect on the past year and celebrate the accomplishments of our team at Salt Edge.
Open banking — a promised financial utopia where data flows freely, consumers reign supreme, and businesses can reduce their payment processing fees — but what use is this powerful innovation if you can’t get customers to actually adopt it?
As retail open banking continues to grow, mechanisms should be put in place to balance innovative products for consumers while ensuring adequate fraud protection.
The financial industry is experiencing a seismic shift, fueled by the advent of artificial intelligence (AI) and open banking. Far from being isolated phenomena, these two revolutionary forces are converging to redefine the very fabric
The partnership enables streamlined payment processes across multiple European destinations, with a focus on delivering convenient and efficient payment solutions to travellers. The global open banking provider Noda has joined
Open banking can address customer pain points from bill paying to shop checkouts, but consumers need reassurance to use it with confidence, says Holly Coventry, vice president, international open banking payments at American Express.
Open Banking is not just a trend but a transformative force, driving a sea change in how consumers and businesses interact with financial services. Central to this transformation are Application
NatWest’s open banking payment platform Payit has introduced a new way for businesses to make a payment without needing the recipient’s account details, by sending a secure, single-use payment link.
The neobank industry has grown immensely in recent years matching the rising demand for digital financial services. The convenience, 24-hour customer support, and paths to credit make neobanks appealing and
London, UK, September 5 2023, market-leading open banking solutions provider tell.money supports crypto banking platform, Colossos in expanding open banking capabilities to their customers by powering their PSD2 dedicated interface.
The banking and financial services sector has been thoroughly transformed by technology over the past decade. Previously slow to adapt and adopt new technologies, financial organisations have been so heavily
Open Finance is a financial ecosystem that enables customers to share their financial data securely with trusted third parties in order to access new and innovative financial products and services.
The Joint Regulatory Oversight Committee’s (JROC)’s open banking recommendations have the potential to revolutionise payments, but big investments will be necessary into digital transformation, legacy platform modernisation and cloud migration that is future-proof.
In a report published today on ‘The (Unmet) Potential of Open Banking’, Oxera identifies the key economic obstacles that are holding back the wider adoption of Open Banking and the
In NatWest’s new e-book about Open Banking, three of our specialists offer their views on the UK’s Open Banking journey so far and outline how UK banks could further capitalise
Open finance provider Salt Edge delves into the challenges facing the iGaming sector and how technology could help improve customer experience, increase security and bring in new revenue streams.
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