Open APIs

821 articles tagged with this keyword

/retail

BMO builds API portal for QuickBooks data sharing

The Bank of Montreal (BMO) has developed an API portal to let small business customers easily share their data with Intuit's QuickBooks accounting software.

/regulation

Regtech kompany raises €6 million

Business verification and KYC regtech kompany has raised almost €6 million in a funding round led by Fairway Global Investment together with Global Brain.

/retail

Big banks back Canadian launch of Financial Data Exchange

Canada's big five banks are among 31 organisations onboard for the launch of Financial Data Exchange (FDX) in the country, vowing to work together to promote Open Banking through the development of a secure, common, interoperable, flexible and royalty-free industry standard for financial data sharing.

/payments

Airwallex adds Deutsche Bank for cross-border collection and API-enabled FX services

Fintech unicorn Airwallex has turned to Deutsche Bank to help it provide virtual account collections and API-enabled foreign exchange services in in Japan and Hong Kong, respectively.

/sustainable

Coordinating ESG solution ideation for investment and asset management

In June 2020, Finextra Research welcomed industry experts to Sustainable Finance Live, the first virtual interactive workshop to discuss how financial services firms and technology companies can achieve the UN’s Sustainable Development Goals (SDGs) by 2030.

/covid-19

UK fintech funding slows amid pandemic

The first half of 2020 has seen investment in the UK's fintech sector slow by more than a third as venture capitalists (VCs) chose to either keep hold of the money or invest in more established companies amid the global pandemic.

/startups

Goldman and Mastercard invest in Bond

Goldman Sachs and Mastercard have joined a $32 million Series A funding round for Bond, a US startup connecting digital brands to banking partners.

/retail

Tink acquires credit decisioning provider Instantor

Swedish open banking platform Tink has acquired Instantor, a provider of credit decisions software used by more than 150 live customers, including banks and fintechs across 13 European markets.

/startups

HSBC backs Hong Kong open banking initiative

HSBC has teamed up with Hong Kong Science and Technology Parks Corporation (HKSTP) to help startups drive open banking innovation on the island.

/startups

JP Morgan invests in Brazil's FitBank

JP Morgan has acquired a minority stake in Brazilian fintech startup FitBank, according to local reports. Details of the investment were not disclosed.

/payments

Marqeta eyes IPO - Reuters

Unicorn open API card issuing and processing platform Marqeta has begun talking to investment banks about a potential initial public offering, according to Reuters.

/people

Yolt names Nicolas Weng Kan CEO

ING-backed account aggregation platform Yolt has appointed former Google Compare and Confused.com chief Nicolas Weng Kan CEO.

/regulation

FCA warns PSPs and e-money issuers to improve customer protection

In a ‘Dear CEO’ letter the FCA has set out clear requirements for payment institutions (PIs) and e-money institutions (EMIs) operating within the payment services sector to act on new guidance focused on customer protection.

/startups

TSB launches bill management pilot

TSB Bank is launching a pilot for a bill management and utility switching service in partnership with white-label fintech provider ApTap.

/payments

Mastercard invests in Poland's Verestro

Mastercard has invested in Verestro to support the Polish payment firm's international expansion efforts. The size of the investment was not disclosed.

/startups

Canadian data sharing startup Flinks closes $11m Series A

Montreal-based data aggregation startup Flinks has raised $11 million in a Series A funding round led by the VC arm of National Bank of Canada.

/regulation

Australia takes first steps towards Open Banking

Australian consumers can now choose to share their banking data with third party providers following the launch of Open Banking under the Consumer Data Right Act.

/payments

Bud launches open banking payments product

UK-based Bud has launched an open banking and PSD2 payment API designed to provide an alternative to card payments and bank transfers.

/wholesale

Fintech Scotland wins £22.5 million to establish Open Finance Centre

Scotland's growing fintech cluster has been given a significant boost with the award of £22.5 million in innovation funding to establish a Global Open Finance Centre of Excellence (GOFCoE) in Edinburgh.

/markets

Nasdaq unveils Marketplace Services Platform

Nasdaq has launched Marketplace Services Platform, making it easy to exchange assets, services and information across market ecosystems.