# Open Banking

**URL:** https://community.rapyd.net/t/open-banking/126
**Category:** 💸 Fintech Exchange
**Created:** [April 6, 2021, 6:37am UTC](https://community.rapyd.net/t/open-banking/126 "2021-04-06T06:37:33Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![Simo](https://sea2.discourse-cdn.com/flex016/user_avatar/community.rapyd.net/simo/32/55_2.png) [@Simo](https://community.rapyd.net/u/Simo)
#### Post date: [April 6, 2021, 6:37am UTC](https://community.rapyd.net/t/open-banking/126/1 "2021-04-06T06:37:33Z")

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Tell us everything you know about _ **Open Banking** _?

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### Author: ![Legato](https://sea2.discourse-cdn.com/flex016/user_avatar/community.rapyd.net/legato/32/41_2.png) [@Legato](https://community.rapyd.net/u/Legato)
#### Post date: [April 6, 2021, 8:27am UTC](https://community.rapyd.net/t/open-banking/126/2 "2021-04-06T08:27:49Z")

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> [@Simo](#):
>
> Open Banking

It is mostly using APIs to empower third-party developers with the ability to build applications and services for the financial institutions.  
This enables access and control of banking and financial accounts via the developed applications. Open banking raises the potential for gains to consumers and merchants as it provides them with more options to pay and be paid.

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### Author: ![brendanm](https://sea2.discourse-cdn.com/flex016/user_avatar/community.rapyd.net/brendanm/32/13_2.png) [@brendanm](https://community.rapyd.net/u/brendanm)
#### Post date: [April 9, 2021, 2:40pm UTC](https://community.rapyd.net/t/open-banking/126/3 "2021-04-09T14:40:49Z")

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Here’s a pretty comprehensive list of Open Banking API aggregators across the fintech space - [Airtable - All](https://airtable.com/shrXEiwyZmzGohnYh/tblsWYAln3sfezMsQ?backgroundColor=orange)