Latest Open APIs News: Finextra Research

Company update/payments

Visa invests in Brazil's Conductor

Visa (NYSE: V) today announced a strategic minority investment in Conductor, a leading digital payments processing technology platform in Brazil, to help accelerate innovation in payments and enable Conductor’s product expansion.

23 October 2018

Company update/Open APIs

Plaid strikes data sharing deal with JPMorgan Chase

JPMorgan Chase (NYSE: JPM) today announced an agreement with Plaid, a leading data aggregator, marking an important milestone in efforts to protect customers’ financial data.

23 October 2018

News/Sibos

Bian unveils free API market for banks

Banking not-for-profit Bian has launched a free online market, containing APIs developed by firms including IBM, Microsoft, Citi and PNC.

23 October 2018

News/Sibos

Sibos: IBM introduces Open Banking platform

IBM is looking to cash on the open banking era, launching a platform designed to bridge the gap between legacy systems and the API future while helping banks meet new regulatory requirements such as PSD2.

23 October 2018

Company update/Open APIs

Danske Bank joins Marco Polo Network

Danske Bank has today announced that it has joined the Marco Polo Network, the fastest growing trade and working capital finance network in the world.

22 October 2018

Company update/Open APIs

Envestnet | Yodlee unveils developer tools

Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and data analytics platform for digital financial services, today announced a new developer experience break-through that will be available in the U.S. by the end of 2018 which delivers an industry-leading combination of enhanced performance, best-in-class developer tools, and the best financial data available on a massive scale across banking and wealth management.

22 October 2018

Company update/Open APIs

The Co-operative Bank to implement Fiserv FinKit for Open Banking

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced a newly expanded agreement with The Co-operative Bank to provide more flexibility for customers to choose how they conduct their everyday banking in relation to the European Union’s Second Payment Services Directive (PSD2).

22 October 2018

Company update/Open APIs

Konsentus goes live with TPP Identity and Regulatory checking for PSD2 open banking

RegTech solution provider Konsentus has gone live with its cloud-based PSD2 open banking production service, which helps Financial Institutions (FIs) to comply with PSD2 open banking by facilitating Identity & Regulatory checking of Third-Party Providers (TPPs).

22 October 2018

News/Open APIs

Sibos 2018: Swift CEO touts success of gpi, reiterates 2020 for universal adoption

Swift CEO Gottfried Leibbrandt used his opening remarks at this year's Sibos in Sydney to talk up the adoption of Swift’s gpi, better information sharing and visibility around breaches reducing cyber risk, and Swift’s efforts to remain neutral in the face of volatile geopolitical situations.

22 October 2018

News/Open APIs

Oz challenger bank 86 400 signs on with Open Bank Project

86 400, an Australian banking startup led by a host of industry heavyweights, has inked a deal with open source API specialists Open Bank Project.

22 October 2018

News/Open APIs

Time for SMEs moment in the sun

Paul Riseborough, chief commercial officer at Metro Bank, believes the biggest beneficiaries from Open Banking will not be consumers, but underserved SMEs.

22 October 2018

News/payments

Banks see payments infrastructure renovation as key to digital strategy

Nearly two-thirds of banks believe their payments infrastructure will need a significant upgrade in the next three years as an area once confined to the back-office domain becomes a key part of firms' digital strategy, according to a new report from Ovum.

22 October 2018

News/regulation

Global regulatory alignment needed to benefit from tech advances - Deutsche Bank

The potential of open APIs, cloud, blockchain and AI to transform the financial services sector will only be realised if regulators keep up and accept the "new realities" created by emerging technologies, argues a new Deutsche Bank white paper.

19 October 2018

News/retail

US banks and fintechs form group to tackle customer data-sharing

Some of America's biggest banks have joined forces with fintech firms to launch a non-profit organisation that tackles the contentious issue of sharing consumer data.

18 October 2018

News/devops

Swift and NPP Australia open API sandbox

Swift and NPP Australia have created an API sandbox for third party vendor to test new innovations leveraging the country's real-time payments system.

18 October 2018

Company update/startups

Deposit Solutions joins WEF Centre for the Fourth Industrial Revolution

Deposit Solutions, the Open Banking pioneer and leading international platform for savings products, has joined the World Economic Forum’s San Francisco based Centre for the Fourth Industrial Revolution.

18 October 2018

News/startups

The revenue squeeze is on for incumbents as digital disruption begins to bite

Traditional financial institutions can expect to see a material shift in future revenues to new entrants — including challenger banks, non-bank payments institutions, and big tech companies — as competitive pressure from digital disruption continues, reports Accenture.

17 October 2018

News/Open APIs

BBVA launches open banking platform in the US

BBVA has officially launched its Banking-as-a-Service platform in the US, using APIs to let firms offer their customers financial products without having to take on fulling banking themselves.

17 October 2018

Company update/Open APIs

HSBC US Commercial Banking launches digital partner platform

HSBC US Commercial Banking announced that it will launch a Digital Partner Platform to improve client experience for corporate customers of all sizes through digital enhancements and partnerships.

16 October 2018

Company update/Open APIs

Oz open banking at risk - Trade Ledger

Global corporate lending platform, Trade Ledger, is warning the Federal Government of substantial weaknesses in its proposed Open Banking implementation plan, when compared to the global best-practice model.

16 October 2018