In the new open banking world, banks are no longer just service providers but platform enablers that offer everything from payment processing to account verification through application programming ...

The launch represents a shift in the UAE’s Open Finance journey from technical readiness to real-world, production-grade deployment ...

The financial services industry is undergoing a seismic shift, driven by Open Banking — a movement that promotes customer-centric banking through APIs. By enabling secure data sharing and seamless ...

Citizens Bank's latest foray into open banking is aimed at the annoyance of switching recurring payments from one card or bank account to another, a hurdle the bank plans to ease through a mobile app ...

Indian Overseas Bank (IOB) has introduced an Aadhaar OTP-based account opening and transaction process with Application Programming Interface (API) banking, making the banking experience much easier ...