Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Open banking is revolutionizing financial services by enabling secure data exchange between ...

Lee Fulmer, senior advisor at McKinsey and Chairman of the OpenUK Finance Advisory board, weighs in on why open banking is such a hard problem. His insights have important implications for the ...

Open banking was officially launched in Ukraine on August 1, 2025, but have users of financial services already felt it? The system concept envisages secure data exchange between payment service ...

vobapay, the technology partner for payment solutions with a cooperative background, and Mastercard ( NYSE: MA) are entering ...

A quote, often attributed to Lao Tzu, states, “Nature does not hurry, yet everything is accomplished.” For all those involved in open banking, these may feel like cold words of comfort, because ...

The CFPB’s personal financial data-rights rule provides a legal framework to dramatically expand open banking in the United States and spur a host of innovative products. But first, the rule must ...

This week, the United Kingdom governmental organization Open Banking Limited celebrated the seventh anniversary of PSD2 and the creation of open banking. Open Banking Limited is the implementation ...

According to UK Finance, Open Finance has the potential to unlock a range of innovative outcomes for both consumers and ...

Rent-seeking banks looking to profit from their monopoly on access to customer data can't be allowed to stymie the development of open banking in the U.S., writes James McAndrews. America has an ...