Latest Open APIs News: Finextra Research

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.

18 September 2017

Company update/Open APIs

OCBC Bank launches transactional API for Giro set-up

OCBC Bank has scored another first by rolling out a transactional API that – when integrated with a third-party website or app – allows a GIRO facility to be set up instantly.

18 September 2017

News/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.

15 September 2017

Company update/Open APIs

Envestnet/Yodlee debuts AI-based FinCheck Wellness app

Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, is demonstrating its vision of the Artificial Intelligence (AI) FinCheck app at FinovateFall in New York City.

12 September 2017

News/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.

12 September 2017

Company update/Open APIs

QuantHouse introduces API store

QuantHouse, the independent global provider of end-to-end high performance market data and trading through API based technologies, today announced the launch of its ‘qh API Ecosystem’.

11 September 2017

Company update/Open APIs

FIDO Alliance urges European Commission to outlaw screen scraping

Conversations are ongoing between the European Commission (EC) and the European Banking Authority (EBA) around the Regulatory Technical Standard (RTS) for Strong Customer Authentication (SCA) under the Payment Services Directive 2 (PSD2), specifically with regards to “screen scraping”.

08 September 2017

Company update/Open APIs

Fern Software launches new open API fintech strategy

To drive innovation and collaboration across financial services providers, Fern Software is opening up its Abacus HUB Cloud platform to third parties.

06 September 2017

News/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.

05 September 2017

Finextra TV/Open APIs

Experimentation and failure key for innovation

Nektarios Liolios, Co-Founder & CEO of Startupbootcamp, and Anton Tomic Global Head of Financial Services Business Development, SAP, talk at the SAP Financial Services Forum about innovation and how it requires both an acceleration in engagement and investment, as well as a joining of forces between internal and external efforts to innovate.

31 August 2017

Company update/Open APIs

AccessPay appoints James Higgins as product director

James Higgins has joined the executive team of fast-growing AccessPay as Product Director.

22 August 2017

News/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.

18 August 2017

Company update/Open APIs

Deposit Solutions acquires Savedo

Deposit Solutions, the leading Open Banking platform for deposits and operator of investment platform ZINSPILOT, today announced that it has acquired Berlin-based platform for retail deposits SAVEDO.

14 August 2017

News/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.

10 August 2017

News/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

09 August 2017

Company update/Open APIs

Oracle rolls out suite of payments and corporate banking products

Oracle today announced the worldwide release of its Oracle Banking Payments solution.

09 August 2017

Finextra TV/Open APIs

Winning formula for the secret sauce

Bhavesh Vaghela, Industry Expert, explains at the SAP Financial Services Forum that customers can expect more tailored services due to banks becoming increasingly digital, handling data more, collaborating and expanding their revenues from open APIs.

07 August 2017

Finextra TV/Open APIs

PSD2 causes disruption to the status quo

Stephen Lemon, Co-Founder, VP Business Development, Currencycloud, speaks at the SAP Financial Services Forum about PSD2 in the context of open APIs – comparing the option of simply complying with the option of getting ahead by leveraging APIs for collaboration.

04 August 2017

Company update/Open APIs

DBS and Xero launch API-driven bank data feed

DBS, Asia’s leading SME bank[1] , and Xero, a leading global cloud accounting platform, have today launched an API-driven bank feed integration that will transform how mutual customers in Singapore manage their finances.

02 August 2017

News/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.

01 August 2017