Why Banks Should Provide Liquidity for DeFi Loans
Crypto Assets have grown over 100x in total market cap, making it the best performing asset class of [...]
3 Reasons Why Banks Need a Strong API Strategy
Open Banking APIs are a relatively recent addition to the financial sphere — but they are integral for innovation [...]
Open Banking in Africa: A Road to Financial Inclusion
Around 50% of African adults don’t have any form of bank or mobile account. This number has been [...]
The Bitcoin Bankathon: Challenges, Solutions, and Innovation for El Salvador through Open Banking
On September 7, 2021, El Salvador became the world’s first country to embrace Bitcoin as legal tender. In [...]
7 Key Financial Services Tech Trends to follow in 2022
As we enter the new year, it’s always useful to identify the direction in which the wind is [...]
Open Banking in the Ukrainian market: an opportunity for banks
Ukraine has issued the Payments Services Law, which will implement PSD2 directives by the end of 2021. What are the benefits for banks?
El Salvador Pioneering Bitcoin Adoption: Questions, Concerns, and Complexities
President Bukele’s latest announcement of the adoption of bitcoin as legal tender has raised concerns among established stakeholders...
Driving Open Insurance Innovation in Italy
The first time I heard about Open Insurance was more than two years ago at API Days London, the [...]
Where Open Banking Meets the Decentralized Web (Web 3.0)
We’ve reached a historic milestone in the convergence of traditional banking and the Decentralized Web (Web 3.0). [...]
La Guía Completa de las API para las Instituciones Financieras
Descargar PDF El ecosistema de los servicios financieros bulle con palabras como "API" y "OAuth", los equipos [...]
Regulators: From Watchdogs to Drivers of Innovation
Can regulators keep up with the changing landscape? During the last decade, there has been enormous technological innovation in [...]
11 Years of the Open Bank Project
An idea was born In 2004, as Simon Redfern thought about corruption and its ills, he realised that we [...]
API Management in Financial Services: Build or Buy?
Opportunities and challenges arise when the finance industry adopts APIs. These new data-sharing tools promise transparency and fairness; financial [...]
APIDays LIVE London 2020 – A Summary
APIDays LIVE London is over and we’re still buzzing with energy. This edition was special. Partly due to [...]
Open Banking | 8 Challenges for Regulators
The Open Banking movement is encouraging data-sharing in the global financial services industry. Consider the number of new [...]
How to Avoid Merge Conflicts on Git
Our goal Git can resolve differences between branches/forks and merge them automatically. Unless, of course, there are conflicting sets [...]
Living with Corona. Part II – The Impact of COVID-19 on Bank Innovation
Some of the effects of the pandemic on the banking sector are evident, while others are still unpredictable and [...]
Living with Corona. Part I: How to Automate Payment Holiday Requests
"Coronavirus has impacted every continent on Earth - except for Antarctica - and its effects will be felt for [...]
How can Open Banking accelerate Financial Inclusion?
Having a bank account is a privilege. Over 1.7 billion world citizens are excluded from the benefits and entitlements provided by access to a bank account. Almost two billion people have no access to affordable financial products addressing their specific needs.
How Banks Can Help Customers Track their CO2 Footprints
Raising individual spending awareness is an effective and necessary approach but there’s an obstacle: a bank’s IT systems are scattered and inflexible by nature
Aggregating or Aggravating – Will Zettabytes of data help or hinder?
Financial institutions have been forced to open up and now financial institutions want other industries to do the same so they can utilize this data for the consumer’s benefit.
The Open Bank Project in India
A few months ago I broke up with my cofounder and stopped working on our idea to build a digital credit card service for SMEs in Europe (see my blog post). Even though I find the idea still fascinating I decided to take some time off and started freelancing instead.
OBP Partnership with Energy Efficient Mortgage Initiative: Not only our logo is green!
Green mortgages are already an example of a green solution, we just want to help the world create more of them. A green sandbox has the potential to speed up green innovation, cut experimentation costs, and be of great value to investors, consumers, companies, banks, and governments.
The Four “Os” of Open Banking
Open Banking is a decentralized software development model that allows consumers and companies to share their banking information (transaction history, account balance, etc.) with third party service providers and app developers using open Application Programming Interfaces (APIs). Naturally, this only takes place with the end customer's prior authorization.
Our sandboxes are as open as our source code. Feel free to try out the APIs and connect your App to a sandbox.
To get started, you can create a free developer account on the General Sandbox here