Developer experience is crucial to the consumer Open Banking offering

Developer experience is crucial to the consumer Open Banking offering

In an interview with Finextra, ForgeRock’s VP of financial services and regulatory, Nick Caley reveals that both PSD2 and Open Banking have created a template that other countries are looking to mimic by implementing standards in Europe.

Project Open Banking – Interview with Joakim Sjoblom, Minna

Ahead of the Payment Association’s Open Banking Use Case Guidebook published in October 2021, we spoke to 5 companies offering innovative products and solutions in the open banking arena.

In this video, Robin Eatwell of Polymath Consulting, speaks to Joakim Sjoblom, CEO and Co-Founder of Minna about their product use cases and how it is improving the payments experience for their clients and customers. Thanks to Discover Global Network for supporting this initiative.

Data is a key legal issue for open banking

Yvonne Dunn, Partner, IT, Pinsent Masons, outlines legal complexities surrounding open banking and where the opportunities will arise.

For all your fintech-related news, please visit https://www.finextra.com.

Open Banking: Empowering the Consumer for a More Informed Financial Experience – {API:World}

According to Security Boulevard, the industry definition of open banking is the practice of sharing financial data with competitors and third parties via open APIs. But in reality, open banking should go beyond this and be an innovative and secure platform for delivering consumers and businesses a better financial data experience.

By putting consumers in control of their financial data, open banking transforms the way the world experiences money — everything from budgeting, payments, investing and lending, while improving financial literacy and expanding financial inclusion. This ultimately leads to better financial outcomes.

To provide increased insight into how open banking will accelerate innovation in the fintech market, Finicity co-founder Nick Thomas will delve into the core industry principles of financial data and the importance of each of these attributes in product design: control, access, transparency, traceability and security. He will also cover the latest information on regulations around financial data, identity and consumer protections, as well as the latest and greatest within the standards group of the Financial Data Exchange and the Trust over IP Foundation.

To learn more, visit https://www.finicity.com/open-banking/

Open Banking Webinar – The Opportunities & Challenges of Open Banking

Unlock the full value of Open Banking from a data perspective. Open Banking significantly increases access to banking and transaction data, but which opportunities does this entails?