Open APIs

821 articles tagged with this keyword

/retail

NatWest's Mettle offers subscription-free access to FreeAgent accountancy package

NatWest's online business bank Mettle is to provide hard-pressed freelancers, sole traders and small businesses with free access to cloud-based accountancy software from FreeAgent.

/payments

Banking industry sets out vision for EU payments market

With payments revenue taking a massive hit in the face of the Covid-19 pandemic, the European banking industry is looking to the future, setting out its vision for the future of the market.

/startups

Digital banking service One picks Finxact core system

One, the middle class-focused digital banking startup founded by former PayPal and Intuit CEO Bill Harris, has selected SaaS-based core banking outfit Finxact to power its service.

/retail

Microsoft partners Plaid to turn Excel into a fintech app

Microsoft has teamed up with Plaid to let people automatically import their bank and credit card account data into a new personal finance tool called Money in Excel.

/retail

Tink acquires Spanish account aggregation vendor Eurobits for EUR15.5 million

Swedish Open Banking platform Tink has acquired Eurobits Technologies, a Madrid-based provider of account aggregation technology, for EUR15.5 million.

/Open APIs

Barclays app now lets customers make payments from accounts with other banks

In a UK high street first, Barclays now lets customers make payments from current accounts held with other banks from within its app.

/Open APIs

SME challenger bank NorthOne raises $21m

NorthOne, a digital challenger bank targeting America's small businesses, freelancers and startups, has raised $21 million in a Series A funding ground led by Battery Ventures and joined by Redpoint Ventures and Tom Williams.

/cloud

QRails raises $8m

Cloud-based payment processing startup QRails has closed an $8 million Series A funding round led by EFM Asset Management.

/regulation

Transformative regulation finds its feet in 2020

The true benefits and complexities of transformative regulation across financial services is set to become reality in 2020, as firms work to prepare and implement systems to meet compliance standards while maintaining a competitive edge.

/Open APIs

Nationwide delays business banking account launch

Nationwide Building Society has put back the launch of its business account to later in the year as it continues testing of its mobile app and builds an Open Banking-powered switching tool.

/Open APIs

Barclays invests in Open Banking-based utility switching app Youtility

Youtility, a London-based startup tapping into Open Banking to help people track their household expenses and switch utility suppliers, has raised £4.5 million in a funding round joined by Barclays.

/Open APIs

Quality over quantity: A vital motto for Open Banking expansion

Notching up eye-watering numbers of APIs is not a valuable metric for success. A creeping, deep-rooted growth strategy is vital for successful expansion in Open Banking says Rune Mai, CEO and co-founder of Nordic API Gateway.

/Open APIs

Bank of Lithuania tests API-based RegTech prototype

Lithuania's central bank has tested a RegTech prototype which uses Open Banking APIs to automate reporting obligations for financial services firms.

/Open APIs

US bank coalition takes ownership of data sharing firm Akoya

Fidelity Investments is to spin off its API-based data sharing startup Akoya as an independent entity that will be jointly owned by Fidelity, The Clearing House Payments Co. and eleven of its member banks.

/Open APIs

JPMorgan Chase gives fintechs data access deal deadline

JPMorgan Chase has sent fintechs a letter warning that they will be cut off from retrieving customer information unless they sign up to a new data access agreement, according to Reuters.

/Open APIs

Australia gets ready for Open Banking

Australia's competition watchdog has finalised the rules governing Consumer Data Right regulations, paving the way for the introduction of Open Banking in the country.

/Open APIs

Revolut rolls out Open Banking tool

Revolut has launched an Open Banking feature, giving UK customers the ability to see their bank accounts from other providers from within the challenger's app.

/Open APIs

EBAday 2020 to address 'the turning point in payments transformation'

Registration has opened for EBAday 2020, Europe's premier payments and transaction banking conference, taking place this year in The Hague between 19-20 May.

/Open APIs

Nacha applies blockchain tech to payment information exchange

US clearing house Nacha is to use blockchain technology to build Phixius, an online platform to ease the exchange of payment-related information between companies.

/Open APIs

DTCC launches API marketplace

The Depository Trust & Clearing Corporation (DTCC) has launched an API marketplace it hopes will foster innovation and collaboration across developer and business communities.