Latest Open APIs News: Finextra Research

Company update/retail

Codebase Technologies and Saudi Business Machines team on digital financial services in KSA

Codebase Technologies (CBT), a leading global open API banking fintech, has partnered with Saudi Business Machines Ltd. (SBM), Saudi Arabia's leading provider of end-to-end enterprise information technology and telecommunications solutions.

03 March 2023

Company update/security

Aproov finds worrying security vulnerabilities in fintech apps

Approov, the end-to-end mobile security provider, today issued findings showing that 92% of the most popular banking and financial services apps contain easy-to-extract secrets such as API keys, which could be used in scripts and bots to attack APIs and steal data, devastating consumers and the institutions they trust.

02 March 2023

Company update/retail

Brankas releases multi-bank API for instant account opening on third-party apps

Open finance leader Brankas has today announced a new feature enabling instant bank account opening as an “embedded finance” experience on third-party applications.

01 March 2023

Company update/wealth

Dynasty picks BridgeFT wealthtech API

Dynasty Financial Partners (“Dynasty”), the provider of technology-enabled wealth management solutions and business services for financial advisory firms, announced today that Dynasty has chosen BridgeFT’s WealthTech API as its primary custodial data partner to power Dynasty’s integrated wealth technology offerings across the Dynasty Network.

23 February 2023

Company update/retail

Mission Lane expands Plaid open finance partnership

Purpose-driven fintech Mission Lane today announced it is expanding its partnership with the data network Plaid to bring secure open finance solutions to its two million-plus customers.

22 February 2023

News/startups

Client onboarding outfit Sikoia raises $6m

Sikoia, a London-based unified data platform designed to simplify client onboarding and risk evaluation, has raised $6 million in seed funding.

17 February 2023

Company update/identity

Plaid and Okta team on open finance access

Plaid, the data network that powers the tools millions of people rely on to live a healthier financial life, and Okta, Inc. (NASDAQ: OKTA), the leading independent identity provider, today announced a partnership and integration to help thousands of banks and financial institutions adopt OAuth and APIs for exchanging data with third parties.

14 February 2023

Company update/payments

Finzly releases API connection to access FedNow Service

Finzly, a pioneer in banking and payment technology, and a pilot participant in the FedNow Service, announced today that developers from platforms, fintechs and banks can access the sandbox environment that connects to the pilot version of the instant payment platform through Finzly API.

08 February 2023

Company update/markets

State Street launches FIX API connectivity to simplify ETF creation

State Street Corporation (NYSE:STT) announced today the launch of a Financial Information eXchange (FIX) application programming interface (API) for its Fund Connect ETF platform, a global online portal for the creation and redemption of ETFs within the firm’s GlobalLink product suite.

07 February 2023

News/payments

Brazil celebrates 2 years of open finance

Today marks two years since Brazil launched its Open Finance Initiative. Open banking in Brazil has blossomed thanks to the initiative, forging a new governance structure and financial system for financial institutions in the nation.

02 February 2023

Company update/retail

Freedom Finance extends relationship with loan provider, Koyo

Freedom Finance, one of the UK’s leading digital marketplaces, is delighted to announce that it has extended its relationship with Koyo – a key partner already providing loans through Freedom Finance’s panel.

02 February 2023

News/retail

Embedded banking player Treasury Prime raises $40m

Embedded banking platform Treasury Prime has raised $40 million a Series C funding round led by BAM Elevate.

01 February 2023

News/startups

Ex-Plaid product lead launches e-commerce payment processing platform

Wafi, a startup founded by former Plaid product lead Victor Umunze, has launched its payment processing platform for e-commerce businesses.

25 January 2023

News/payments

Marqeta builds web push provisioning product for mobile wallets

Open API card issuing and processing platform Marqeta has unveiled a web push provisioning product that helps merchants accept payments from mobile wallets without requiring their customers to download an app.

20 January 2023

Company update/payments

PayJunction partners Plaid for A2A money transfers

PayJunction, a leading developer of payment processing technology, announced an integration with Plaid, a consumer-permissioned network powering the digital financial ecosystem to simplify bank payments, enabling PayJunction customers and partners to deliver a better pay-by-bank experience.

18 January 2023

News/devops

CMA announces completion of open banking roadmap

The Competition and Markets Authority (CMA) has announced the completion of the open banking roadmap on the fifth anniversary of PSD2, which mandated open banking as a regulatory requirement in the UK.

13 January 2023

Company update/payments

Ibanera enlists Cross River to power payment capabilities

Ibanera, a global banking and payments company, today announced the launch of its new partnership with Cross River, a technology infrastructure provider that offers embedded financial solutions, to power Ibanera’s digital banking platform and payments capabilities with its API driven platform and proprietary banking core.

14 December 2022

News/people

Santander advertises for 750 tech jobs

Banco Santander has opened technology hubs in Malaga and Warsaw to house 1400 tech professionals as the Spanish giant seeks to turbo charge its digital transformation programme.

14 December 2022

Company update/regulation

Facctum releases open API

Facctum, a risktech company specialising in cloud-delivered enterprise risk decisioning technology, announces today the launch of an open API for FacctView, its sanctions and anti-money laundering (AML) screening platform.

12 December 2022

Company update/retail

Seccl powers GoHenry’s Junior ISA

Seccl, the Octopus-owned custodian and platform technology provider, has powered fintech pioneer GoHenry, with an API-powered Junior Stocks and Shares ISA.

08 December 2022