The finance sector has an interesting relationship with open source. For many years, open source was not trusted, with concerns about security due to the fact that everyone can see the code involved.

Last week, Galoy launched Lana, software that enables banks to accept bitcoin as collateral for loans. Lana helps community and challenger banks (the banks with which Galoy is looking to work) to ...

Neo banking, the digital-first alternative to traditional banking, has emerged as a disruptive force in the financial sector. As the financial landscape shifts towards more technology-driven solutions ...

1) An academic study titled “Open data and API adoption of US Banks” which equates the use of APIs with open banking, and 2) a Pymnts article titled “46% of US Consumers Say They’re Ready for Open ...

A coalition of fintech, crypto and retail industry trade groups is urging the US Consumer Financial Protection Bureau (CFPB) to adopt a robust open banking rule that safeguards consumers’ control over ...

Mastercard is grooming a new batch of fintech companies as potential partners to help keep up with demand for faster, more secure payments. The card network recently named nine international fintech ...

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 ...