Latest Open APIs News: Finextra Research

Reflow launches Mobile bank payments leveraging Open Banking

Reflow goes live with FlowPay, payment service providing an alternative to cards-based payments on the latest version of Open Banking.

30 May 2019

News/Open APIs

London fintech Yapily latest to benefit from Open Banking goldrush

The drive towards Open banking in Europe is creating an attractive environment for fintech fund raising, with London-based Yapily the latest to benefit, securing a £4.3 million seed round from King’s Cross-based venture capital firm Localglobe and HZ Holtzbrinck Ventures.

30 May 2019

News/Open APIs

US data sharing venture Plaid launches in the UK

Plaid, a US startup that links consumer bank accounts with fintech apps, has launched in the UK.

29 May 2019

News/Open APIs

Trepidation about Open Banking rules persist among incumbents

Two fifths (39%) of European financial institutions view the arrival of Open Banking regulation as the biggest current threat to their business model and 56% fear that consumer loyalty towards banks will be significantly reduced as they are forced to provide third parties with access to customer data.

29 May 2019

Company update/Open APIs

Swedish fintech startup Open Payments raises EUR1.2 million seed funding

Swedish fintech startup Open Payments is first in the Nordic region to offer a genuine PSD2 aggregated platform that on behalf of third-party providers, and with the end customer's consent, initiates account-to-account payments and retrieves account information and transaction history, all via one single API.

28 May 2019

News/Open APIs

Kyriba brings real-time payments to treasurers through JPMorgan API

Cloud-based treasury management outfit Kyriba is tapping JPMorgan's API to enable shared clients to send real-time payments in the US.

24 May 2019

Company update/devops

Evalue and 4xxi invite applicants for fintech startup competition

One lucky fintech start-up will win 12 months of unlimited access to EValue’s financial planning API stack and a custom-built user interface from 4xxi, with a combined value of £15,000, to get their financial services business dreams off the ground. Two runners-up will also win access and support.

24 May 2019

Company update/Open APIs

Almost two-thirds of consumers can’t name one organisation they trust to handle their data

‘Upfront and Personal: Leveraging data to deliver a genuinely personalized omnichannel experience?’ is a research report published by The Institute of Customer Service and co-sponsored first direct.

23 May 2019

Company update/devops

Plaid releases fast integration toolkit

Today, we’re excited to deliver broader access to the financial system through Plaid Direct, our lightweight integration specification that allows banks and fintech applications to quickly and easily become a data source in the Plaid network.

23 May 2019

News/Open APIs

Is Open Banking being hobbled by outages?

The UK's Open Banking revolution is being hampered by outages that banks are taking weeks to fix, according to figures from SME lender Growth Street - an analysis that has been categorically refuted by the Open Banking standards setter.

23 May 2019

Company update/Open APIs

PensionBee and Starling deepen integration

Starling customers can now seamlessly combine all their old pensions into a new PensionBee plan, offering a pension consolidation product in just a few clicks.

22 May 2019

News/Open APIs

Card issuing firm Marqeta raises $260m

Marqeta has raised $260 million in a Series E funding round led by Coatue Management, valuing the open API card issuing and processing platform at nearly $2 billion.

22 May 2019

Company update/Open APIs

Fenergo tackles client lifecycle management with suite of APIs

Fenergo, a leading provider of digital Client Lifecycle Management (CLM) solutions for financial institutions, today announces the launch of Digital Client Orchestration, a suite of CLM tools that integrates front, middle and back office systems using an API-led approach.

22 May 2019

News/devops

Live: FusionONE 2019 - day two

Welcome to Finextra’s live coverage of FusionONE 2019. The second day of the conference will tackle issues that concern the developers before breaking into streams, focusing on different products.

22 May 2019

Company update/Open APIs

Bahrain's KHCB readies for Open Banking with Token

Khaleeji Commercial Bank (KHCB), one of the leading Islamic banks in Bahrain, has officially announced its readiness for open banking services today, making it the first bank in Bahrain and the MENA to be fully compliant with the CBB’s directives.

21 May 2019

News/Open APIs

Live: Swift Latin American Regional Conference - day one

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2019, in Panama City. This event will focus on important issues affecting the financial industry in the region, and how the financial community can accelerate digital transformation.

21 May 2019

News/Open APIs

One in ten European banks to disappear over the next five years

A.T. Kearney is predicting the demise of one in ten European banks over the next five years as more agile digital challengers embrace the changes wrought by Open Banking to increase their market reach.

21 May 2019

Company update/Open APIs

Eurogiro delivers open payment platform for Postal Financial Services

The Eurogiro Financial Supermarket is the next-generation open payment platform that will empower postal organizations to actively engage in financial services, both locally and globally at a new unprecedented level.

21 May 2019

News/devops

Live: FusionONE 2019 - day one

Welcome to Finextra’s live coverage of FusionONE 2019. This two-day event is Finastra's first major developer conference, which will see hundreds of developers from fintech companies and banks taking part in a deep dive into FusionFabric.cloud tools and infrastructure.

21 May 2019

News/devops

Finastra opens up to bank and fintech developers with APIs, apps and integration

Ahead of its FusionONE open banking developer conference this week, Finastra has revealed its new FusionFabric.cloud platform for mortgage and loan workflows, deepening its partnership with Microsoft. The vendor has also contracted with nbkc bank to build a conversational banking app on the platform, and released some 61 new APIs to the developer community.

20 May 2019