Companies

Mastercard Simplifies Subscription Management With Smart Subscriptions

Mastercard

“Mastercard unveils Smart Subscriptions, an open-banking powered subscriptions management solution that financial institutions can easily plug into their consumer banking applications.”

Tags: Mastercard

Open Banking

From Open Banking to Open Finance: Redefining the Financial Services Landscape

The Consumer Financial Protection Bureau (CFPB) just released proposed rules for Open Banking in the U.S. which offer a framework for understanding Open Banking roles, role-based requirements and rights, and timelines for implementation, among other things. This long-awaited proposal lays the groundwork for a more mature approach to Open Banking in the U.S., or dare […]

BNPL Open Banking Security

2023: A Big Year for Regulation in the US?

As we dive into the new year, we at Glenbrook reflect on the key themes and learnings within payments from 2022 and assess what we believe will emerge as key trends in 2023. My colleague Chris Uriarte recently shared his 8 Payments and Fintech trends for 2023 on LinkedIn, where he discussed fraud and embedded […]

Glenbrook Payments Education

Episode 185 - Fanning the Flames: Glenbrook Education Program

Glenbrook has provided payments education for over 15 years. In that time, over 35,000 payments professionals have attended Glenbrook workshops, including the popular Payments Boot Camp®. The Payments Boot Camp® provides a thorough overview of the global payments industry - an industry that is constantly changing. As you can imagine, the material for our workshops changes with it. 

Tags: B2B Payments Merchant Payments Open Banking Podcast Risk Management

Companies

Fintech Firm TrueLayer to Power Coinbase Payments, Eyes Stablecoins

The Block

“Fintech unicorn TrueLayer is partnering with Coinbase to enable UK users to top up their accounts via their mobile banking app. This is part of a broader push into digital assets as the open-banking company eyes adding a stablecoin product to its crypto-focused offering.  Open banking is seen as a challenger to established card-based payment […]

Tags: TrueLayer

Conferences & Meetings

Episode 183 – Fanning the Flames: Money20/20 Recap

Glenbrook’s Bryan Derman, Chris Uriarte, Cici Northup, and Joanna Wisniecka are back from Money20/20 and return to Payments on Fire to debrief with Yvette Bohanan in this Fanning the Flames episode. If you listened to Episode 180, you know what hot topics the team was anticipating at the conference. Was it everything they expected? Tune in to hear the highlights and observations. 

Tags: Digital Currencies Fast Payments Fintech Lending and Payments Open Banking Payments in Emerging Markets Podcast

Conferences & Meetings

Episode 180 - Fanning the Flames: Money20/20 Preview

Yvette Bohanan hosts Glenbrook’s Chris Uriarte, Cici Northup, and Joanna Wisniecka to discuss their attendance at the upcoming Money20/20 conference. Listen in to hear what noteworthy payments trends the team is paying attention to and what related themes they expect to surface at Money20/20. We’ll catch up with them after the conference to see what takeaways were most surprising or interesting.

Tags: Digital Currencies Fast Payments Fintech Lending and Payments Open Banking Podcast

Companies

Why Apple Has Acquired a UK Open Banking Fintech Firm

International Banker

“With little fanfare accompanying the move, popular cryptocurrency media publication The Block reported on March 23 that US tech giant Apple had acquired Credit Kudos. The acquisition had reportedly closed earlier that week, with Credit Kudos valued at $150 million. But as of today, there remains some speculation over exactly why Apple decided to make […]

Tags: Apple

Providers

Introducing Instant Bank Payments in Europe | TrueLayer

“European payments are about to get a lot faster. Today, TrueLayer’s complete payments product expands to Ireland, France, Germany, Spain, Lithuania and the Netherlands. TrueLayer Payments runs on the back of open banking and Europe’s fastest rails, letting you send and receive instant, data-rich bank payments in any app or website”

Tags: Open banking

Providers

Exclusive: Klarna Spins Open Banking API Strategy With Dedicated Unit – AltFi

AltFi

“Klarna is best known for riding the crest of ‘buy now, pay later’ wave but its booming open banking business is its new move. In the past year, the company has stealthily created a dedicated unit devoted to open banking, including doubling its bank connectivity in the past year from 6,000 to 15,000 banks making us the largest bank aggregator in […]

Tags: Buy Now Pay Later Open banking

Providers

Finicity and Fiserv Offer More Consumer Choice Through Secure Data Access – Fiserv, Inc.

“Finicity, a Mastercard company, and Fiserv, Inc., both leaders in open banking technology, are advancing the future of open finance through secure data sharing. A data access agreement between the companies will allow thousands of Fiserv financial institution clients to enable consumers to provide clear and explicit permission to securely share their account information with apps that use […]

Tags: Open banking

Providers

GoCardless Launches Open Banking-powered Fraud Prevention Tool

“GoCardless, a leader in direct bank payment solutions, has launched Verified Mandates in the UK, a feature within its global bank pay platform which combines the Account Information Services (AIS) capabilities of open banking with direct debit to stop fraud before it happens.”

Tags: Open banking

Providers

Joint Statement by HM Treasury, the CMA, the FCA and the PSR on the Future of Open Banking

“The Government and regulators are committed to maintaining the UK’s leadership in the field and sustaining this momentum. We want to build on the initial success of UK Open Banking to help unlock and realise further benefits for consumers, businesses and the wider economy. Open Banking should continue to support innovation and greater competition for […]

Tags: Open banking

Companies Deals

Fiserv and MX Pair Up for Expanded Open Banking

“The fast-growing field of open banking got another boost Monday when the big payment processor Fiserv Inc. announced a major industry player, MX Technologies Inc., will use its AllData Connect service. AllData Connect is part of Fiserv’s AllData Aggregation platform that provides consumer-permitted access to tokenized financial account and transaction data held by Fiserv’s client […]

Tags: Fiserv

Providers

Green Dot and Plaid Partner to Give Customers Seamless Access to Their Money Through Secure Open Finance Solutions

“Green Dot Corporation (NYSE: GDOT) today announced it is partnering with Plaid, the data network powering the digital financial ecosystem, to bring secure open finance solutions to GO2bank customers. Launched in 2021, GO2bank is Green Dot’s flagship digital bank designed to give all people the power to bank seamlessly, affordably and with confidence.”

Tags: Open banking