Open APIs

848 articles tagged with this keyword

/Open APIs

EU launches anti-trust probe into bank data sharing

The European Commission is investigating whether banks are deliberately preventing non-bank competitors from gaining access to customer account data.

/Open APIs

Top digital banking heads to convene at Finextra NextGen Banking Nordics

A strong line-up of C-Suite digital banking heads and innovators from across the Scandinavian fintech scene will gather in Stockholm next month to debate the future of financial services at Finextra's annual NextGen Banking Nordics summit.

/Open APIs

Canadian lenders issue open banking warning

The Canadian Bankers Association says the government should think carefully before embracing open banking, warning that increasing third party access to financial data poses major risks not only to customers but to the entire economy.

/Open APIs

PSD2: Brits don't trust retailers and social media platforms with bank details

As the revised Payments Service Directive (PSD2) nears, research from Accenture suggests that banks still have a strong trust advantage over third-party providers, with a clear majority of Brits unwilling to share their financial data with the likes of retailers and social media platforms.

/Open APIs

Hellenic Bank switches on API app store

Hellenic bank has opened an app store for developers to showcase products built using the Cypriot bank's proprietary APIs.

/Open APIs

Hong Kong prepares for a new era of 'smart banking'

The governor of Hong Kong's central bank has spelled out a series of up-and-coming reforms - from the introduction of faster payments to open API standards - intended to prepare the territory for a revolution in retail banking services.

/Open APIs

HSBC moves into open banking

HSBC is testing a platform that lets customers see all of their accounts, no matter who the provider, on one screen.

/Open APIs

Ex-Barclays chief Jenkins gets Ping An backing for fintech startup

Former Barclays chief executive Antony Jenkins has raised £34 million in a funding round led by Chinese insurer Ping An to help bring his new fintech startup to Asia, according to the Financial Times.

/Open APIs

Macquarie takes on Australia's Big Four with open banking portal

Macquarie Bank has stolen a march on Australia's Big Four by releasing an open banking platform for customers to transfer data to approved third party applications.

/Open APIs

HSBC backs Startupbootcamp FinTech Mexico

HSBC and VC fund IGNIA have become the latest big names to back Startupbootcamp FinTech Mexico, the accelerator bidding to boost financial technology innovation in Latin America.

/Open APIs

Flux raises $1.5 million as Starling Bank opens fintech Marketplace

Starling Bank has gone live with its Marketplace model, enabling customers to tap into third party services from fintech firms direct from the challenger bank's mobile app.

/Open APIs

Cryptocurrency transactions to exceed $1trn by year-end: report

A new report has forecast that the value of cryptocurrency transactions will surpass the $1 trillion milestone before the end of 2017.

/Open APIs

Barclays pairs banking data with third party apps for SmartBusiness Dashboard

Barclays is to provide small business customers with a 'SmartBusiness Dashboard', a single site from which users can view real-time banking data alongside business information from third party apps.

/Open APIs

TSB lambasts competition watchdog for failing to fix "broken" banking market

TSB has called on the Competition and Markets Authority to fix the UK's "broken banking market" by making it easier to switch bank accounts.

/Open APIs

RailsBank raises $1.2 million in funding

RailsBank, a fintech startup led serial entrepreneur Nigel Verdon that promises to provide access to global banking services with 5 lines of code, has raised $1.2 million in a funding round led by Firestartr

/Open APIs

Positive outlook for instant payments drives IT spend at EU banks

Sixty-two percent of European financial institutions expect to increase spending on payments technology throughout 2017, driven by the revenue-generating opportunities of instant payments and the need for increased operational efficiency.

/Open APIs

Visa invests in card issuing outfit Marqeta

Visa has made a strategic investment in Marqeta as part of a wider multi-year global partnership with the open API card issuing and processing platform.

/Open APIs

Twenty firms to compete for £5 million Open API prize

UK innovation agency Nesta has handpicked twenty organisations selected to receive a slice of a £5 million prize fund to inspire the creation of new products and services using Open Banking APIs.

/Open APIs

Consumer groups and fintech firms at loggerheads over screen scraping

European consumer interest group BEUC has waded into the screen-scraping debate, urging banking authorities to ban the practice in favour of the creation of a harmonised interface for customer data sharing.

/Open APIs

Nacha sets sights on standardised APIs

US electronics payments association Nacha is hoping to nudge along the industry's adoption of APIs by setting up a standardisation working group.