Latest Open APIs News: Finextra Research

Citi invests in Latin American open finance firm Belvo

Citi Ventures is the latest big name to invest in Mexico City-based open finance API platform Belvo.

23 August 2022

Unlimint introduces BaaS API

London-based global fintech Unlimint, has today announced the launch of its Banking as a Service (BaaS) product, Unlimint Banking and Cards (UBC), a one-stop payment accounts and card issuing and processing solution.

23 August 2022

News/payments

Prometeo launches Latin America's first A2A payments platform

Prometeo Open Banking has launched what it claims is the first pan-regional Account-to-Account (A2A) payments offering in Latin America.

22 August 2022

Company update/payments

Klarpay adds 70+ currencies

Klarpay AG has completed another milestone with the integration of Visa's B2B Connect product to its services. This latest achievement enables Klarpay's business customers to perform cross-currency outbound payments from Klarpay accounts to 90+ countries and 70+ currencies via its Dashboard and APIs.

18 August 2022

Company update/payments

Scotiabank's new digital payments platform provides real-time services and cash management APIs

Scotiabank has announced the launch of Scotia TranXactTM – a digital payments platform that provides business banking clients with on-demand access to Scotiabank's payments and cash management Application Programming Interfaces (APIs).

15 August 2022

News/people

Marqeta CEO Gardner steps down

Open API card issuing and processing platform Marqeta is on the hunt for a CEO after founder Jason Gardner decided to make the move to executive chairman.

11 August 2022

News/payments

Plaid deal lets Wise customers connect accounts to 6000 apps

Wise has struck an open finance agreement with Plaid that will enable the former's 13 million of customers to connect their accounts to thousands of apps.

10 August 2022

News/payments

Payments infrastructure firm Finix raises $30m

Payments infrastructure platform Finix has raised $30 million in a funding round joined by American Express.

10 August 2022

Company update/payments

Verto releases embedded payments API

Verto, the leading B2B cross-border payments and foreign exchange (FX) enabler, today announced the launch of its new API solution, empowering businesses to automate currency conversion, global pay-outs and beneficiary management.

09 August 2022

Company update/retail

CIBC inks data sharing deal with MX

Today CIBC (TSX: CM) (NYSE: CM) announced a data access agreement with MX to enhance the CIBC client experience through secure data sharing, providing clients with a safe and seamless way to share their financial information.

08 August 2022

Company update/crypto

Moneycorp ships liquidity management module for digital asset exchanges

Moneycorp, a world-leading payments fintech, today announces the launch of its Foreign Exchange Liquidity Management solution for the Digital Asset Exchanges (DAXs) providers.

08 August 2022

Company update/cloud

G+D APIs get pCI-DSS certification

Giesecke+Devrient (G+D) enables banks to offer their customers personalized digital services in a phygital ecosystem.

04 August 2022

News/cloud

Financial software provider Savana raises $45m

Savana, a financial software player that helps banks and fintechs go digital, has raised $45 million in a Series A funding round led by growth-stage investor Georgian.

02 August 2022

News/startups

Digital bank Grasshopper raises $30.4m

Grasshopper, a US digital bank serving SMEs and entrepreneurs, has raised $30.4 million.

01 August 2022

News/cloud

Microsoft and Nexi collaborate to innovate across the European payments landscape

Nexi has announced a strategic partnership with Microsoft to digitise payments solutions and secure cloud-based infrastructures across the European market.

29 July 2022

News/payments

Swift could face challenge in new era for cross-border payments - EIU

The Russian invasion of Ukraine will cause disruption to cross-border payment systems and could, in conjunction with technological advances, challenge the dominance of the Swift network, predicts a paper from the Economist Intelligence Unit (EIU).

29 July 2022

Company update/retail

Airbank chooses Klarna open banking platform

Klarna Kosma, Klarna's financial technology platform for banks, fintechs and innovative retailers, today announced its collaboration with Airbank, a digital financial management platform for businesses.

26 July 2022

Company update/inclusion

Pockit and Youtility announce partnership

Integrating Youtility’s platform allows Pockit customers to compare and save on household subscriptions helping to save hundreds of pounds each year. The ongoing cost of living crisis is projected to worsen throughout 2022, particularly in October when energy bills are expected to rise by 40% to c. £3,300, plunging 30% of UK homes into fuel poverty. Helping Pockit customers to reduce their spending will help users build financial resilience and potentially avoid the need to rely on expensive overdrafts or payday loans.

22 July 2022

Company update/retail

OneConnect launches digital banking suite, OneCosmo

OneConnect Financial Technology Co., Ltd (OneConnect, NYSE: OCFT, HKEX: 6638), the leading technology-as-a-service (TaaS) provider and an associate of Ping An Group, today announced the launch of OneCosmo, a one-stop omni platform for all-in-one digital banking solutions jointly developed with Brazil-based technology company Pismo, one of the fastest growing banking Software-as-a-Service (SaaS) firms.

22 July 2022

News/crypto

Plaid adds crypto strings to its bow

Plaid has announced that major crypto exchanges including Binance.US, Gemini, Robinhood, and SoFi, are now available on their network. Support for additional platforms, including Blockchain.com and BitGo is planned for later this year.

15 July 2022