Open banking

The Future Is Here: New Mastercard Study Finds Majority of Canadian Consumers Embrace Open Banking to Power Digital Financial Experiences

Retrieved on: 
Wednesday, December 15, 2021
Solution, Open banking, Industry, Culture, Time, Adoption, Science and technology in Asia, Mastercard, Ageing, Efficiency, The Harris Poll, Technology, Core product, Cryptocurrency, Online gambling, Online shopping, Bank

TORONTO, Dec. 15, 2021 /CNW/ - Mastercard released a new report, The Rise of Open Banking , demonstrating the mainstream adoption of technology to power smarter, more meaningful digital experiences.

Key Points: 
  • TORONTO, Dec. 15, 2021 /CNW/ - Mastercard released a new report, The Rise of Open Banking , demonstrating the mainstream adoption of technology to power smarter, more meaningful digital experiences.
  • Open banking puts consumers at the centre of where and how their data is used to more effectively provide the services they want and need.
  • Open banking is already embedded in several areas of our daily lives, including personal financial management tools, linking of financial accounts and account opening.
  • "Mastercard's open banking solutions bring simplicity, efficiency, and security to the financial data experience, while empowering consumers and small and mid-sized businesses to receive more benefits from their data."

EML Nuapay Expands Into 4 Of The Biggest Open Banking Markets In Europe - Spain, Ireland, Belgium and The Netherlands

Retrieved on: 
Thursday, December 9, 2021
Other Professional Services, Other Communications, Finance, Marketing, Consulting, Banking, Communications, Professional Services, Population, Refund, EML, API, European Central Bank, CEO, Instant, A2A, PIS, Multimedia, ASX, Credit transfer, Direct debit, Open banking, Cryptocurrency, Online shopping, Nuapay, EML Payments, NUAPAY, EML PAYMENTS

This brings the population covered by Nuapay's open banking solutions to almost 300 million people across most of Western Europe.

Key Points: 
  • This brings the population covered by Nuapay's open banking solutions to almost 300 million people across most of Western Europe.
  • Nuapay is continuing to invest in further expanding its reach both across Europe and globally, with more announcements coming soon.
  • View the full release here: https://www.businesswire.com/news/home/20211209005064/en/
    Nuapay announces its expansion in the major European markets of Spain, Ireland, Belgium and The Netherlands.
  • Nuapay is a pioneer of Open Banking and is the industry's leading provider of Account-2-Account payment solutions.

Cloudentity Launches New Software-as-a-Service Platform and Announces Patent for Modern Application Authorization Service

Retrieved on: 
Tuesday, December 7, 2021
Software, Technology, Internet, Security, Zero, Cloud, FAPI, CIBA, Intelligence Identities Protection Act, API, Technology, IAM, IDPS, Certification, Leadership, CSO, MFA, CDR, Single sign-on, Privacy, CEO, SSO, Bell–LaPadula model, Organization, Identity, Method, Machine learning, Access, IDP, DevOps, Policy, Industry, Patent, Authentication, Solution, Architecture, Compliance, Transaction-level modeling, Software as a service, Open banking, Data lineage, Cryptocurrency, Online shopping, Medical device, Software

Cloudentity delivers a declarative identity and authorization framework that works across any cloud to simplify access control and data governance.

Key Points: 
  • Cloudentity delivers a declarative identity and authorization framework that works across any cloud to simplify access control and data governance.
  • Cloudentity was also recently awarded a key technology patent for Microservice Architecture for Identity and Access Management (U.S. Patent No.
  • Cloudentity is among the innovators in modern application authorization that are addressing these requirements to help organizations accelerate their business transformation and Zero Trust initiatives.
  • Cloudentity overcomes these challenges by decoupling identity and authorization from applications and APIs and enabling declarative authorization policy as code.

Bottomline Technologies Reports First Quarter Fiscal Year 2022 Results

Retrieved on: 
Tuesday, November 9, 2021
Knowledge, Compliance, Form, Intelligence, Private Securities Litigation Reform Act, Small business, Open banking, Gerald Celente, STP, Education, Organization, Technology, Growth, COVID-19, International, Risk management, GLOBE, Solution, GAAP, AP, TAM, Watchlist, Digital banking, Cryptocurrency, Video game, Online shopping, Bank

Subscription revenue was $103.5 million for the first quarter, an increase of 15% as compared to the first quarter of last year.

Key Points: 
  • Subscription revenue was $103.5 million for the first quarter, an increase of 15% as compared to the first quarter of last year.
  • Total revenues in the first quarter were $123.6 million, an increase of 10% as compared to the first quarter of last year.
  • We had a strong start to the 2022 fiscal year in the first quarter.
  • Bottomline will host a conference call today, November 9, 2021, at 5:00pm ET, to discuss its first quarter fiscal year 2022 results.

Everest Group Recognizes GFT As A "Major Contender" For Application And Digital Services In Banking

Retrieved on: 
Monday, November 8, 2021
Industry, Open banking, Pressure, RFI, SE, CEO, Frankfurt Stock Exchange, Technology, Insurance, Matrix, Artificial intelligence, Research, Solution, Internet, GFT, Time, Government Digital Service, Risk, Airline, Cryptocurrency, Online shopping, Risk management

GFT is a leading specialist for implementing this new generation of digital banking.

Key Points: 
  • GFT is a leading specialist for implementing this new generation of digital banking.
  • Research firm Everest Group has recognized GFT as a "Major Contender" for application and digital services in banking in its recently released "Application and Digital Services in Banking PEAK Matrix assessment 2021: Global and Europe Focus".
  • GFT is among the leading specialists worldwide for application and digital services in banking.
  • Together with Thought Machine, GFT has launched BankLiteX, the modular, end-to-end solution that enables rapid creation and deployment of a cloud-based, digital banking entity.

Cloudentity Research Reveals At Least 44% of Enterprises Report Experiencing Substantial API Security and Privacy Issues

Retrieved on: 
Tuesday, November 2, 2021
Data Management, Security, Technology, Other Technology, Software, Networks, Internet, Cloud, Shift, Zero, Compliance, Industry, State, Organization, Health, Application, Government Reports Elimination Act of 2014, Policy, Intelligence, API, United Kingdom, Investment, Bell–LaPadula model, CEO, Open banking, Web API security, Classification, Cloud computing, Generic drug, Risk management, Fine chemical, Medical device, Online shopping

As a result of these issues, 97% of enterprises experienced delays in releasing new applications and service enhancements due to identity and authorization issues with APIs and services.

Key Points: 
  • As a result of these issues, 97% of enterprises experienced delays in releasing new applications and service enhancements due to identity and authorization issues with APIs and services.
  • This report showcases how enterprises are advancing API-first programs in their organization and reveals the issues, drivers, maturity, investments, and benefits.
  • TWEET THIS: Cloudentity research reveals that at least 44% of IT practitioners report experiencing substantial API security and privacy issues, and as a result, 97% are facing delays in application development.
  • #Cloudentity #APIsecurity #authorization #PrivacyConsent #ZeroTrust #DevSec
    About the 2021 State of API Security, Privacy, and Governance Report
    Cloudentity sponsored the State of API Security, Privacy and Governance study conducted by PulseQA, an independent knowledge-sharing community of more than 33,000 technology leaders.

Juniper Research: Open Banking-facilitated Payments to Exceed $116 Billion by 2026, as APIs Threaten to End Card Dominance

Retrieved on: 
Monday, November 1, 2021
Professional Services, Security, Technology, Software, Finance, Networks, Banking, Research, Industry, E-commerce, PSD2, Growth, KYC, Awareness, API, Solution, Open banking, Knowledge, Online shopping

A new Juniper Research study found that the value of global payment transactions facilitated by Open Banking will exceed $116 billion in 2026, from just under $4 billion in 2021.

Key Points: 
  • A new Juniper Research study found that the value of global payment transactions facilitated by Open Banking will exceed $116 billion in 2026, from just under $4 billion in 2021.
  • The research identified Open Banking-facilitated payments, where payments are made directly from bank accounts, as a growing threat to the dominance of cards within eCommerce.
  • While card payments are well established, leveraging permissioned access to bank accounts can reduce fraud risks due to strict KYC (Know Your Customer) rules.
  • Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports and industry commentary.

Global Open Banking Market and Trends Report 2021: Several Regions are Making Efforts to Catch Up with Europe in Terms of Open Banking Development - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 26, 2021
Banking, Professional Services, Finance, OB, Service, State Industrial Development Corporation of Uttarakhand, Ecosystem, European Open, TPP Kostolac, Application, Adoption, Policy, Finance, PSD2, Trend, United Kingdom, COVID-19, Use, 2020, Open banking, Consumer, Legislation, Cryptocurrency, Online shopping, Renewable energy, Financial adviser

The "Global Open Banking Market and Trends 2021" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Open Banking Market and Trends 2021" report has been added to ResearchAndMarkets.com's offering.
  • "Global Open Banking Market and Trends 2021" provides a comprehensive summary of the new developments within the Open Banking market across the global regions and shares insights into the market trends.
  • Among other findings, the publication reveals that many countries which have functioning Open Banking ecosystems followed the European regulatory-driven approach.
  • In Europe, the leading Open Banking market, implementation, and acceptance varies
    The European Open Banking landscape, based on the PSD2 legislation, is more developed than other regions globally.

AppGallery Drives Financial Health with Innovation, Exploring Open Banking Capabilities with Partners

Retrieved on: 
Friday, October 22, 2021
Technology, Industry, QR, Habit, Huawei AppGallery, HDC, Rise, Conference, Growth, Partnership, NFC, The Ted Noffs Foundation Inc, Privacy, Financial technology, Open banking, Mobile phone

SHENZHEN, China, Oct. 22, 2021 /PRNewswire/ -- Today at its annual Huawei Developer Conference 2021 (HDC 2021), Huawei announced plans to continue to drive innovation in the financial services industry by exploring Open Banking capabilities with AppGallery partners.

Key Points: 
  • SHENZHEN, China, Oct. 22, 2021 /PRNewswire/ -- Today at its annual Huawei Developer Conference 2021 (HDC 2021), Huawei announced plans to continue to drive innovation in the financial services industry by exploring Open Banking capabilities with AppGallery partners.
  • Could Open Banking Champion Financial Health?
  • Noffe recently joined AppGallery, using Open Banking to offer a service that helps children learn saving habits in Norway.
  • With AppGallery, Huawei plans to foster innovation to help FinTech developers realise their business development potential, while advocating for financial health.

AppGallery Drives Financial Health with Innovation, Exploring Open Banking Capabilities with Partners

Retrieved on: 
Friday, October 22, 2021
Technology, Industry, QR, Habit, Huawei AppGallery, HDC, Rise, Conference, Growth, Multimedia, Partnership, NFC, The Ted Noffs Foundation Inc, Privacy, Financial technology, Open banking, Mobile phone, Online shopping

SHENZHEN, China, Oct. 22, 2021 /PRNewswire/ -- Today at its annual Huawei Developer Conference 2021 (HDC 2021), Huawei announced plans to continue to drive innovation in the financial services industry by exploring Open Banking capabilities with AppGallery partners.

Key Points: 
  • SHENZHEN, China, Oct. 22, 2021 /PRNewswire/ -- Today at its annual Huawei Developer Conference 2021 (HDC 2021), Huawei announced plans to continue to drive innovation in the financial services industry by exploring Open Banking capabilities with AppGallery partners.
  • Could Open Banking Champion Financial Health?
  • Noffe recently joined AppGallery, using Open Banking to offer a service that helps children learn saving habits in Norway.
  • With AppGallery, Huawei plans to foster innovation to help FinTech developers realise their business development potential, while advocating for financial health.