The open data landscape presents financial institutions with a critical choice: build, outsource or buy? This decision carries significant implications for speed to market, cost, and overall business strategy.

DXC Luxoft today announced that it has formed a strategic alliance with Caspian One Open Data. The alliance pairs the market-leading open banking platform of Caspian One Open Data with the global delivery strengths of DXC Luxoft’s development, system implementation and SaaS-hosting services.

“What is point-to-point connection open banking?” While it may sound technical, it simply means a direct connection between a financial institution and a third-party provider (TPP), with no intermediary.

Some Canadian credit unions want to wait on open banking until absolute regulatory clarity. Is this necessary?

For Canadian credit unions, the advent of open banking and the ability to forge strategic fintech partnerships presents a unique opportunity to leapfrog into a new era of financial services.

Highlights from the CCUA National Conference in Calgary.

Central 1 Supports Caspian One Open Banking Solution for Credit Unions

Open Banking in Canada: A New Opportunity for Credit Unions.

Caspian One Open Banking Partners with First West, Prospera, Meridian, Affinity and Libro to Deliver the Credit Union System Open Banking Solution.

This paradigm shift is not merely a technological upgrade but a fundamental re-imagining of the relationship between financial institutions, consumers, and the broader financial ecosystem.