b2b-daily
Home | FinTech | Embedded Finance

Ozone API and ClearBank Partner to Boost Open Banking Expansion

Avatar photo
by Daisy Brown
May 15, 2025
Image Credit: Thanakorn Lappattaranan / Vecteezy
Ozone API and ClearBank Partner to Boost Open Banking Expansion
Article Highlights
Off On

The expanding landscape of open banking has seen significant advancements, and among these developments is the recent partnership between Ozone API and ClearBank. Ozone API, known for its leadership in open banking, has teamed up with ClearBank, a renowned provider of real-time clearing and embedded banking. This collaboration is centered around leveraging Ozone API’s expertise to enhance ClearBank’s ability to offer state-of-the-art open banking APIs that meet and exceed global standards. By combining their strengths, both companies aim to accelerate the adoption of open banking, advancing beyond the limited compliance of the Payment Services Directive 2 (PSD2). This partnership reflects a strategic initiative to provide ClearBank’s customers with robust and scalable tools, opening a gateway to new opportunities in open finance.

Accelerating Global Open Banking Adoption

ClearBank’s mission is to globally advance open banking, marking its European entry via the Netherlands. The bank views its collaboration with Ozone API as crucial in expanding its reach beyond local markets. By adopting Ozone API’s cutting-edge approach to API management and integration, ClearBank aims to enhance its delivery of seamless open banking services, optimizing efficiency and scalability for its international clientele. With operations across various global markets, Ozone API brings extensive expertise in crafting effective banking ecosystems through advanced API technologies. The partnership between Ozone’s flexible solutions and ClearBank’s clearing services offers an opportunity to transform open finance.

Executives from both companies express enthusiasm, emphasizing mutual benefits and the potential to significantly enhance platform capabilities. The collaboration seeks to drive innovation and extend into new domains, especially in the dynamic European market. This strategic alliance not only marks a vital step in advancing open finance infrastructure but also sets a standard for further progress in global financial markets through enhanced integration and collaboration.

Innovation

Explore more

Hotels Must Rethink Recruitment to Attract Top Talent
December 12, 2025

With decades of experience guiding organizations through technological and cultural transformations, HRTech expert Ling-Yi Tsai has become a vital voice in the conversation around modern talent strategy. Specializing in the integration of analytics and technology across the entire employee lifecycle, she offers a sharp, data-driven perspective on why the hospitality industry’s traditional recruitment models are failing and what it takes

Trend Analysis: AI Disruption in Hiring
December 12, 2025

In a profound paradox of the modern era, the very artificial intelligence designed to connect and streamline our world is now systematically eroding the foundational trust of the hiring process. The advent of powerful generative AI has rendered traditional application materials, such as resumes and cover letters, into increasingly unreliable artifacts, compelling a fundamental and costly overhaul of recruitment methodologies.

Is AI Sparking a Hiring Race to the Bottom?
December 12, 2025

Submitting over 900 job applications only to face a wall of algorithmic silence has become an unsettlingly common narrative in the modern professional’s quest for employment. This staggering volume, once a sign of extreme dedication, now highlights a fundamental shift in the hiring landscape. The proliferation of Artificial Intelligence in recruitment, designed to streamline and simplify the process, has instead

Is Intel About to Reclaim the Laptop Crown?
December 12, 2025

A recently surfaced benchmark report has sent tremors through the tech industry, suggesting the long-established narrative of AMD’s mobile CPU dominance might be on the verge of a dramatic rewrite. For several product generations, the market has followed a predictable script: AMD’s Ryzen processors set the bar for performance and efficiency, while Intel worked diligently to close the gap. Now,

Trend Analysis: Hybrid Chiplet Processors
December 12, 2025

The long-reigning era of the monolithic chip, where a processor’s entire identity was etched into a single piece of silicon, is definitively drawing to a close, making way for a future built on modular, interconnected components. This fundamental shift toward hybrid chiplet technology represents more than just a new design philosophy; it is the industry’s strategic answer to the slowing