Tag: Open banking
How Open Banking Helps Small-Mid-sized Businesses Improve Cash Visibility and Transaction Reporting
Open Banking in the UK got really interesting as of January 13, 2018. If you are an individual or small-mid-sized business (SMB) with an account at one of the largest 9 UK banks, you can...
The Significance of Open Banking and the EU’s PSD2 in the History of European Payments
What significance will January 13th, 2018 -- the day Open Banking and PSD2 became a reality in the U.K. -- have on the history of payments? Surely it will someday have a place in the...
Open Banking: A New Era of Payment Innovation
Open Banking will change the way payments are managed, not just in the UK but around the world. The objective is to improve competition and innovation in the payment industry, which reinforces the UK’s position...