Open APIs

823 articles tagged with this keyword

/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.

/startups

Payments infrastructure builder Finix raises $35m

Payments infrastructure platform Finix, has raised $35 million in a Series B funding round led by Silicon Valley VC Sequoia.

/Open APIs

Canada puts security at top of open banking review

Canada's government is pushing ahead with a second phase of its open banking review, focusing on security issues surrounding the sharing of financial data with third parties.

/Open APIs

SBI invests $20m in core banking-API integration firm OpenLegacy

Japan's SBI Holdings has invested $20 million in OpenLegacy Technologies, an American software firm that smooths API integration of core banking systems.

/Open APIs

UK fintech scene sees record investment in 2019

The day before Brexit, Innovate Finance has put out a report hailing a record 2019 for the UK's fintech scene and predicting a a rosy future.

/payments

Visa joins $80m Currencycloud funding round

London-based B2B cross-border payments outfit Currencycloud has raised $80 million in a Series E funding round joined by blue-chip investors such as Visa, BNP Paribas and Siam Commercial Bank.

/Open APIs

BNP Paribas to apply Tink PFM tool across European network

Fresh from securing EUR90 million in funding, Tink has sealed a deal with BNP Paribas to become the bank's preferred partner for account aggregation, payment initiation and personal finance management technologies.

/Open APIs

Open Banking customer numbers surge

Customer use of Open Banking in the UK has surpassed the one million customer mark for the first time, doubling in the past six months.

/Open APIs

Open Banking platform Tink raises EUR90 million

Swedish Open Banking platform Tink has closed a EUR90 million investment round at a post-money valuation of EUR415 million to supports its continued expansion across Europe.

/devops

Icici Bank opens API portal to developers

India's Icici Bank has opened an online marketplace comprising nearly 250 APIs for third party developers to connect to and communicate with the bank's applications.

/Open APIs

Visa to acquire Plaid for $5.3 billion

Visa is to shell out $5.3 billion to acquire bank data sharing startup Plaid.

/Open APIs

Charity uses open banking to speed up debt advice

A Scottish money advice charity is piloting the use of open banking technology from Experian to quickly gather a picture of its users' financial positions.

/Open APIs

Open Banking year two: Insights from the CMA9

The financial services industry was forced to endure a steep learning curve with the launch of Open Banking in 2018, but what followed the one-year anniversary of the UK’s experiment? Here’s a review of Open Banking’s second year. What worked? What didn’t? And what’s next?

/Open APIs

Australia delays Open Banking roll out over security concerns

Australian authorities have delayed the introduction of Open Banking rules by six months amid concerns over testing and security of the new provisions for account data sharing.

/retail

Banking predictions for 2020 – more competition, more collaboration and new sources of revenue

As 2019 draws to a close, financial services commentators and vendors have made their customary end-of-year predictions for the 12 months ahead, with increased competition through supercharged PSD2 the principal driving force.

/Open APIs

Finextra's year in review

With 2019 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.

/Open APIs

FCA calls for input on new model for open finance

The Financial Conduct Authority has issued a call for input on proposals to extend open banking rules to a wider range of products, under a new model billed as 'open finance'.

/Open APIs

PNC Bank customers locked out of Venmo by data access dispute

PNC Bank has been inundated with complaints from customers who have been left unable to connect their accounts to the Venmo app after a security update from the bank locked out data aggregator Plaid.

/Open APIs

Gig economy credit startup Portify raises £7 million

London fintech startup, Portify has raised £7 million in series A funding to scale its income smoothing service for gig economy workers.