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Blog2019-05-10T08:47:48+00:00

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.

The Bank’s customer data is owned by the customer, right?

Customer data is very much linked to recent phenomenons like the digital economy, the Internet and the way people use it; therefore it seems that some individuals, companies, policymakers, and societies are yet to understand its market dynamics (also due to a certain degree of market opacity and the lack of regulation).  

Stepping stone to the integrated digital economy

A trip through time from Mesopotamia, through the Roman Empire and all the way to our present world. A journey undertaken to understand why the model suggested by the Payments Service Directive 2 (PSD2) acts as a stepping stone to an integrated digital economy.

Kubernetes meets Open Bank Project

Kubernetes abstracts compute resources in a cleanly defined way. After all, most systems at their core ultimately bind to a port and send data across a binded port; It's unkind to reduce software solutions to this level, but that's the basic abstraction.

Open Banking in Hong Kong – a Quick Overview

I just returned from Hong Kong where our Open Bank Project team helped organise a hackathon with HSBC teams.  The event was a great success, and brought students, entrepreneurs and bank employees together for a weekend of fintech innovation and software creation.

Six Open Banking Priorities for 2019

Setting priorities is no easy task, with compliance deadlines with PSD2, bank competitors launching their own offerings and new fintech startups entering the market ever faster. Many of the banks we met recently expressed a certain confusion over what to do next and how to win the Open Banking race.

How to Regulate Open Banking?

The financial services industry is undergoing a revolution in how software solutions are manufactured and delivered to end customers. The services which we know as Open Banking enable individual customers and businesses to share their financial data with third parties.

Four Ways To Win Any FinTech Hackathon

As we are preparing for our 60th hackathon, I wanted to reflect on some of the things we’ve learned and to offer some key advice to participating startups on how to get the most out of these events. 

Open Banking Mexico Bound

We travelled to Mexico City to meet with the banking regulators, banks and the private sector as part as an initiative to bring Open Banking to Mexico!

Understanding the State of Open Banking in 2017

For the third consecutive year, we at the Open Bank Project, are excited to partner with our friends at Bank Innovation and (this year) the University of Warwick to conduct a research survey, which aims to understand how financial institutions worldwide are prioritizing API initiatives in 2017.

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