Mentioned Companies:

Mastercard Open Banking APIs in the US

Mastercard has launched a set of three open banking APIs for US issuers of its consumer and small business debit cards and consumer prepaid cards free of charge when used to support digital account opening. Current debit and prepaid account opening processes typically require a consumer to manually enter bank account and routing numbers, or work through a multiday micro-deposit verification process to connect to an external bank account. Mastercard’s service combines consumer-permissioned data with machine learning to support the account opening process. The APIs include account own...

Want to read more?

Please log into your subscriber account.

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

© Copyright 2024 Nilson Report


March 2024
Headlines in this Issue
Charts in this Issue

Top US Merchant Acquirers—2023

Top 20 US Merchant Acquirers—2023, Ranked by Purchase Volume

Top 20 US Merchant Acquirers—2023, Ranked by Purchase Transactions

Top 61 Merchant Acquirers in the US—2023, Ranked by Visa and Mastercard Purchase Volume

The 7 Largest US Acquirers—2023, Ranked by Total Purchase Volume

Card-Not-Present (CNP) Acquiring in the US

Consumer Direct ACH Transactions

Publicly Traded Companies in Payments, March 26, 2024