Mastercard Open Banking Solutions

Enabling competition and innovation in financial services

 

SOLUTIONS

At Mastercard, we're developing market-leading applications and services to enable and safeguard the open banking ecosystem

Open Banking Connect

A universal connection to financial institutions’ open banking functionality, providing third parties with scale, resilience and speed to market.

Open Banking Protect

Near real-time verification of third-party’s certificate, regulatory licence status and passporting permissions to support an ASPSP when deciding to accept a third-party’s request.

Open Banking Resolve

A centralised enquiry and dispute resolution service to provide clarity, consistency and transparency for all participants in the open banking ecosystem.

Open banking consulting

Professional advice and hands-on support to help financial institutions define and execute a strategy to thrive in the Open Banking ecosystem from Mastercard Advisors.

NEWS & INSIGHTS

Read the latest updates from the heart of open banking

Open banking at Mastercard in the media

The Paypers: Data decency and consumer trust: The bedrock of Open Banking

Matthew Driver, executive vice president for services, Asia Pacific, discusses open banking and the importance of data decency and ethical data usage.

Fintech Finance: How open banking can aid small business recovery

Jim Wadsworth, senior vice president for open banking, explores how the concept can enable financial inclusion and widen access to credit for vulnerable and underserved people and businesses around the world.

Finextra: Tesco Bank implements Pay by Bank tech for credit card debt repayments

Tesco Bank is the first UK bank to introduce new technology that allows its 2.6 million credit card customers to more easily manage and pay their balance. The ‘Pay by Bank’ facility is enabled by Mastercard’s Open Banking Connect™ service.

Contact us

Get in touch to learn more about Mastercard Open Banking Solutions and add value to your business