Visit and follow on social media for more information and the latest company news. Fiserv is a member of the FORTUNE ® 500 and has been named among the FORTUNE Magazine World’s Most Admired Companies ® for five consecutive years, recognized for strength of business model and innovation leadership. For more than 30 years, Fiserv has been a trusted leader in financial services technology, helping clients achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and insights and optimization. (NASDAQ: FISV) enables clients worldwide to create and deliver financial services experiences in step with the way people live and work today. eligible customers are protected by the Financial Services Compensation Scheme in the UK, in accordance with its terms.įiserv, Inc. huge open concept kitchen w/large sunny morning room, big island, & state-of-the-art appliances great room w/ bump out & fireplace FIVE bedrooms on. Fiserv, the global provider of financial services technology. is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Fiserv Launches Tool To Help Banks Stay Compliant With Open Banking Rules. The Bank is committed to values and ethics in line with the principles of the co-operative movement. provides a full range of banking products and services to almost 4 million retail and small and medium sized enterprise customers. In a world moving faster than ever before, Fiserv helps clients deliver solutions in step with the way people live and work today – financial services at the speed of life. UK-based Co-operative Bank will implement Fiserv s FinKit for Open Banking. This is well aligned to the bank’s strategy of leveraging open banking to provide more value to customers.” 4 API Banking can be defined as a set of protocols, routines, or tools that. “The bank has taken a leading-edge approach with their decision to utilize FinKit for Open Banking and its managed service model. “Open banking is an area of continual change, and The Co-operative Bank is positioned to move ahead of the curve,” said Lee Cameron, managing director, EMEA, Fiserv. The Finicity Perspective on Financial Data. Five core tenets of our open banking platform make this possible. Safely get better financial literacy, inclusion and outcomes. This positions the bank to respond efficiently and effectively to the rapid pace of regulatory and industry change. Finicity’s open banking API platform puts consumers in control of their financial data. ![]() FinKit for Open Banking includes access to pre-built APIs and facilitates ongoing compliance through API version control and publishing. The cloud-based managed service delivery model of FinKit for Open Banking appealed to the bank because it will help facilitate the many aspects of open banking compliance, from secure customer authentication to management of trusted third parties (TPPs). The Co-operative Bank views trust and security as key customer requirements, and wanted to ensure that the selected provider could work with the bank to meet and exceed customer expectations in these areas.
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