Open Banking Blog

Stories, insights, and advice that will transform banking and finance for good

November 30 2024

While countries around the world are adopting open banking in their unique ways, the UK and the US stand out as leaders with very different approaches....

November 30 2024

Open Banking has been hailed as the future of financial services globally. The idea is simple: consumers should own their financial data and have the right to share it with whomever they choose, securely and seamlessly.  Yet, as open banking...

June 17 2018

  Citi is gearing up to become the first corporate bank to enroll as a Payment Initiation Service Provider (PISP) with UK Open Banking Directory. According to news sources, CitiBank will join UK’s Open Banking framework to provide an aggregated...

June 17 2018

Leading Open Banking platform provider Token.io Limited has made history by becoming the first licensed Payment Initiation Service Provider (PISP) to conduct an end-to-end payment through a public bank API. As a result, millions of customers are set to benefit...

March 6 2018

Steps to kick-start Open Banking in Australia has begun with the publication of a final Government report along with a draft legislation to authorize comprehensive credit reporting. The Government report into Open Banking which was commissioned in July 2017, makes...

March 5 2018

An innovation agency in the UK, Nesta has rolled out £2 million in an “Open Up Challenge’ aimed at encouraging participation and nurturing the evolving open banking ecosystem. The Open Up Challenge is a global research initiative for organizations who...

Read this next

Will OBN use FAPI

February 28 2025