Are you a bank or financial institution looking to select an open banking platform for compliance and commercial purposes? Here are a few considerations to guide you through the process.
Open banking is revolutionising finance worldwide, unlocking opportunities for innovation, collaboration, and better consumer experiences. As we approach the end of 2024, we share what our vision is for open banking in 2025 and beyond.
The CFPB’s new Personal Financial Data Rights rule marks a historic step for U.S. open banking, empowering consumers with control over their data and enabling secure third-party access. At Ozone API, we fully support this direction and have shared our insights with the CFPB, recommending a standardized security framework, certification processes, and service initiation to strengthen the open finance ecosystem.
The ‘Race to the Future: Open Finance PH Hackathon,’ event united innovators to drive financial inclusion in the Philippines. From retirement tools to financial health apps, this event highlighted open finance’s potential to reshape financial services for a more inclusive future.
Explore why global interoperability is essential for Open Finance, addressing the need for standardised regulations, security standards, and infrastructure to overcome regional fragmentation and fully realise its benefits.
Eyal Sivan speaks to Simon Torrance, CEO and Founder of Embedded Finance & Insurance Strategies, to discuss how open banking, real-time payments, and agentic A.I. will help fill the gap between financial needs and financial services.
We look at how open banking and financial awareness are interconnected, and how by leveraging these concepts, banks can build trust, drive financial inclusion, and secure a competitive advantage in the evolving financial landscape.
Explore the history of open banking, from its origins to its global impact. Learn how regulatory changes and technology have shaped financial services.
We explore how open finance is simplifying financial management for young adults and helping them achieve their financial goals.