Success stories, news, events and all kinds of information related to open banking
The AltFi Festival of Finance 2020 has focused again on the current state of banking and finances to shed light on the future: where are the open banking strategies of some of the main players on the field heading?
A few years ago, Bank of Mexico implemented the SPEI payment system and the CIE agreements to facilitate bank transactions between individuals and to provide commercial operations with more information. We how they work here.
Thanks to PSD2's account aggregation services (AIS), clients can, with their consent, give third parties permission to access their data and obtain personalized services that, until now, were not possible.
In this new edition of BBVA Open Talks, experts from BBVA, Accenture, Open Vector and Uber analyzed the past, present and future of open banking and the myriad possibilities that are yet to come.
Alipay has become one of the most important and popular payment systems in the world. Owned by Ant Financial Services Group, a subsidiary of Alibaba, it currently has 1.3 billion users, becoming the most widely used platform globally to make cell phone payments.
Héctor Arias participates in one of the most relevant events related to open banking and how APIs have driven forward this new scenario.
Bank accounts are one of the most popular products taken out by Spanish citizens. Open banking is helping to further generalize this product among the population by offering digital accounts on third-party platforms. An incredibly attractive option with a number of advantages over traditional checking accounts.
Carlos López-Moctezuma analyzes the present and future of open banking in a roundtable dedicated to this matter, where essential questions such as user growth curve, the role played by fintech and the profound evolution that banks such as BBVA and others have experienced in the past few years.
Startups and existing companies in the process of digitization need a new set of digital tools to help them transform their businesses and get more in tune with their customers' needs. If possible, they should develop frictionless systems that do not create barriers to entry for the business, as occurs with some banking solutions.
A good cash flow management ultimately leads to more informed and wise financial decision making. Keeping operations up-to-date, knowing the cash flows well and discovering where there may be inconsistencies are just some of the processes that must be carried out on a daily basis to achieve this.
