OLB
TechnologyOnline Banking
Definition
Online Banking (OLB) is the digital banking channel where customers or members sign in to view balances and transactions, pay bills, transfer money, and manage cards or settings—usually via web and/or mobile apps. It is distinct from Open Banking (data sharing with third parties with consent) and from back-office systems; it is the primary customer-facing interface for many retail and business accounts.
Related Terms
Open Banking
Open Banking is the practice of banks and other account providers exposing customer account and paym...
API
Application Programming InterfaceAn Application Programming Interface is a set of routines, protocols, and tools for building softwar...
AISP
Account Information Service ProviderAn Account Information Service Provider provides account information services as an online service t...
Frequently Asked Questions
What is Online Banking?
Online Banking (OLB) is the digital banking channel where customers or members sign in to view balances and transactions, pay bills, transfer money, and manage cards or settings—usually via web and/or mobile apps. It is distinct from Open Banking (data sharing with third parties with consent) and from back-office systems; it is the primary customer-facing interface for many retail and business accounts.
What does OLB stand for in Open Banking?
OLB stands for Online Banking. It is a fundamental concept in Open Banking and PSD2 regulations. Online Banking (OLB) is the digital banking channel where customers or members sign in to view balances and transactions, pay bills, transfer money, and manage cards or settings—usually via web and/or mobile apps. It is distinct from Open Banking (data sharing with third parties with consent) and from back-office systems; it is the primary customer-facing interface for many retail and business accounts.
How does OLB relate to Open Banking?
Online Banking is a key concept in the Open Banking ecosystem, falling under the Technology category. Online Banking (OLB) is the digital banking channel where customers or members sign in to view balances and transactions, pay bills, transfer money, and manage cards or settings—usually via web and/or mobile apps. It is distinct from Open Banking (data sharing with third parties with consent) and from back-office systems; it is the primary customer-facing interface for many retail and business accounts.
More Technology Terms
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API Data
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LOS
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OAO
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Open API
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Read/Write API
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