Open Banking

Emerging payments rails that are often rivals to legacy systems such as the interchange, and that facilitate integration between banking and payments apps offered by many different providers.

OPEN INSURANCE IS STILL ALL BARK AND NO BITE FOR NOW…BUT MANDATED OPENNESS WILL SOON CHANGE THAT

2023, ALL CONTENT, Innopay, Open Banking, Other Strong Payments Component (e.g., insurance, healthcare), PDF/DOC /

A brief description by INNOPAY of the relationship between open banking and another financial service like open insurance. The authors suggest that mandated openness will soon change otherwise slow developments.

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THE FUTURE OF INDIA’S DIGITAL PAYMENT

$ Transfers and Digital Payments, 2023, ALL CONTENT, Jasbirs Juneja, Link, Open Banking, Real-Time Payments, Redseer Strategy Consultants, Unified Payments Interface (UPI) /

In this publicly available report from Redseer Strategy Consulting, it is estimated that 85% of businesses in India will be digitally enabled by FY26. This means that a large majority of businesses in India will have embraced digital technologies and processes for their operations.

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STRATEGIC COMPLIANCE

$ Transfers and Digital Payments, 2023, 99fintech, ALL CONTENT, Brian Shniderman, Consulting/Implementation, Gary Stein, Open Banking, Podcast, Real-Time Payments, Vendor, Video, Wallets /

A Vodcast by 99FinTech addressing compliance in the digital payments and banking space that explains how firms that embrace compliance versus treating it as a cost center can position themselves better to attract investors, accelerate market entry, achieve competitive advantage, and ensure stability.

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