Latest Open APIs News: Finextra Research

Company update/people

Ex-N26 man Markus Gunter joins lemon.markets

Berlin-based Fintech lemon.markets announces the extension of its leadership team with Markus Gunter and his appointment as Managing Director of their lemon.markets brokerage GmbH.

20 October 2022

Research/Open APIs

Banking as a Service: Predictions for 2023

20 October 2022 1002 downloads

Company update/retail

ForwardAI and FinTech Automation team accounting data access

ForwardAI, a fintech providing aggregated access to accounting & business data and analysis, announced today its partnership with FinTech Automation, a financial technology company that allows fintechs and traditional financial institutions (FIs) to offer various embedded finance and banking-as-a-service products.

19 October 2022

Company update/payments

Cashfree Payments launches prepaid card and wallet service

Cashfree Payments, India’s leading payments and API banking solutions company, announced the launch of Card Issuance Stack with their new solution ‘Issuance’ to enable businesses such as fintechs and platforms to launch prepaid cards and wallets for their customers, employees and partners.

19 October 2022

Company update/wholesale

Trading tech vendor CQG adds China derivatives connectivity

CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers and exchanges, announced today that it is providing additional connectivity into China's commodity exchanges via Esunny International (HK) Co., Limited (Esunny), the leading Chinese trading platform provider and a wholly owned subsidiary of the Zhengzhou Commodity Exchange.

18 October 2022

Company update/startups

Instant payments API platform Astra raises $10m

Astra, a leading provider of instant card-to-card funding as a service in the U.S., today announced a $10 million Series A funding round led by FPV Ventures, with participation from Slow Ventures and Allegis Capital, as well as a $30 million line of credit through CoVenture to support the company’s rapid expansion in the payments industry.

13 October 2022

Finextra TV/Sibos

Industry issues and technology enhancements

Stephanie Wolf, Head of Global Financial Institutions, Governments and Business Banking Sales for GTS, Bank of America joins FinextraTV at Sibos 2022 to discuss the issues facing the industry and Bank of America’s latest innovation in APIs.

13 October 2022

Company update/crypto

Front launches API platform to be the Plaid of crypto and DeFi

Front launches Front API on Product Hunt, offering emerging FinTechs real-time access to investment portfolios, hassle-free crypto transfers across exchanges, and a detailed view of financial data.

12 October 2022

News/startups

Payable raises $6.1m to modernise business payments

Payable, a payments operations platform for businesses, has raised $6.1 million in a funding round led by CRV and Earlybird.

12 October 2022

News/devops

Sibos 2022: Open banking in the UK - it’s high time for a review

In the lead up to Sibos 2022, Finextra spoke to Dan Globerson, head of Bank of APIs at NatWest, to explore how he is leading the bank’s regulatory commitments in the UK and Europe, driving a culture of API enablement, and collaborating across the industry by establishing standards.

11 October 2022

News/retail

75% of UK banks will invest in tech to combat costs – Lloyds

Lloyds Bank research has found that UK financial institutions are increasingly turning to technology to combat the rising costs of living.

10 October 2022

Company update/payments

OneConnect launches in the Abu Dhabi Global Market

OneConnect Financial Technology Co., Ltd (OneConnect), a leading Technology-as-a-Service provider for financial institutions, today announced the official launch of its regional operations in Abu Dhabi Global Market (ADGM), the leading international financial centre of the capital of the UAE. OneConnect’s addition to the ADGM family will further support the development of the fintech ecosystem and accelerate the digital transformation of financial services in the UAE and the region.

07 October 2022

Research/Open APIs

SaaS: The case for building a new banking business model

03 October 2022 519 downloads

Company update/wholesale

DBS rolls out plug-and-play APIs for corporate treasurers with FinLync

DBS has partnered with FinLync, a privately-held, global fintech company transforming corporate finance and treasury offices by aggregating global banking APIs to deliver embedded real-time payments and cash management.

26 September 2022

News/retail

Fintechs form Open Finance Association

Leading fintech players including Plaid, Truelayer and Yapily have banded together to launch a not-for-profit trade association pushing open finance in the UK and EU.

22 September 2022

Company update/payments

Emirates NBD launches API developer portal

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has launched the region’s most comprehensive and ready-to-use financial Application Programming Interface (API) developer portal ‘Emirates NBD API Souq’, providing FinTechs, developers and corporate clients with an all-in-one ecosystem to rapidly develop innovative financial solutions.

16 September 2022

Company update/retail

Codat partners nCino to help banks underwrite small business loans

Codat, the universal API for small business data, today announced a partnership with nCino (NASDAQ: NCNO), the worldwide leader in cloud banking, to automate and accelerate banks' ability to underwrite small business loans around the world.

14 September 2022

Company update/regulation

Fraugster and Yuno partner for LATAM expansion

Next gen payment orchestration platform, Yuno, partners with AI payment intelligence expert, Fraugster to provide online merchants easy access to a range of fraud prevention, compliance and revenue uplift solutions via a single API. Companies of all sizes across Latin America continuously face challenges in managing multiple payment methods and fraud detection tools for accepting online payments leading to fragmentation, complexity, and high costs.

07 September 2022

News/devops

KPMG preps Singapore embedded finance hub

KPMG is launching an embedded finance hub in Singapore, providing support to firms looking to make inroads into financial areas such as payments, blockchain and lending.

06 September 2022

News/payments

Aussie buy-to-earn startup Hello Clever raises A$4.5m

Hello Clever, an Australian 'buy-to-earn' startup that gives shoppers real-time cashback, has raised A$4.5 million in seed funding.

24 August 2022