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Open Banking Limited (OBL) has unveiled the latest version of the UK’s Open Banking Standard, marking the first major update since 2018. This latest release, Version 4.0, introduces critical mandatory updates to the security profile, alignment with international messaging standards ISO 20022, and offers several optional enhancements aimed at improving the efficiency and accuracy of financial transactions.
PSD2 was introduced five years ago…but there’s been inconsistent application by national regulators and governments across Europe. To ensure open banking thrives, we’ve submitted six baseline requirements for the European Commission to consider when updating regulation.
In building our new product, Virtual Accounts, our engineers had to solve one of the most well-known pain points with open banking payments: how to provide real-time payment settlement notifications. Learn more.
2020 marked a milestone for open banking in the UK with over one million users adopting products and services powered by open banking. With services now in mainstream consumer use, how are the bank’s APIs that underpin the ecosystem actually performing?
Open banking is transforming financial services and Yapily is on a mission to provide the greatest coverage across Europe and beyond. This week we focus on our integrations with Germany!
2020 marked a milestone for open banking in the UK with over one million users adopting products and services powered by open banking. With services now in mainstream consumer use, how are the bank’s APIs that underpin the ecosystem actually performing?
Consumers never owned their financial data. Banks controlled everything from how much money came into an account, to where that money was spent. While technology has already changed some of these processes, like the way we pay or move money around, when it comes to control over our data, the system has remained unchanged for decades. Until now.
Open banking is transforming financial services and Yapily is on a mission to provide the greatest coverage across the UK, Europe and beyond. This week we focus on our integrations with Ireland!
Open banking is transforming financial services and Yapily is on a mission to provide the greatest coverage across the UK, Europe and beyond.