Latest Open APIs News: Finextra Research

Hellenic Bank switches on API app store

Hellenic bank has opened an app store for developers to showcase products built using the Cypriot bank's proprietary APIs.

29 September 2017

News/Open APIs

Hong Kong prepares for a new era of 'smart banking'

The governor of Hong Kong's central bank has spelled out a series of up-and-coming reforms - from the introduction of faster payments to open API standards - intended to prepare the territory for a revolution in retail banking services.

29 September 2017

News/Open APIs

HSBC moves into open banking

HSBC is testing a platform that lets customers see all of their accounts, no matter who the provider, on one screen.

28 September 2017

News/Open APIs

Ex-Barclays chief Jenkins gets Ping An backing for fintech startup

Former Barclays chief executive Antony Jenkins has raised £34 million in a funding round led by Chinese insurer Ping An to help bring his new fintech startup to Asia, according to the Financial Times.

21 September 2017

News/Open APIs

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

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

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

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

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

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

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

News/Open APIs

Visa invests in card issuing outfit Marqeta

Visa has made a strategic investment in Marqeta as part of a wider multi-year global partnership with the open API card issuing and processing platform.

26 July 2017

News/Open APIs

Twenty firms to compete for £5 million Open API prize

UK innovation agency Nesta has handpicked twenty organisations selected to receive a slice of a £5 million prize fund to inspire the creation of new products and services using Open Banking APIs.

19 July 2017

News/Open APIs

Consumer groups and fintech firms at loggerheads over screen scraping

European consumer interest group BEUC has waded into the screen-scraping debate, urging banking authorities to ban the practice in favour of the creation of a harmonised interface for customer data sharing.

11 July 2017

News/Open APIs

Nacha sets sights on standardised APIs

US electronics payments association Nacha is hoping to nudge along the industry's adoption of APIs by setting up a standardisation working group.

07 July 2017

News/Open APIs

Open Banking releases payments initiation API for UK bank data sharing

Open Banking, the UK bank-funded entity mandated by the Competition and Markets Authority to provide new ways for customers to share their financial data with non-bank providers, has released an API specification for accounts and transaction information and payments initiation.

05 July 2017

News/Open APIs

SAP Financial Services Forum, London - Day 1 live blog

Welcome to Finextra's live coverage of the SAP Financial Services Forum in London. The theme for this event is 'winning in the digital moment'. The two-day agenda will examine how technologies such as AI, machine learning, analytics, blockchain, open APIs and the cloud can be best leveraged to deliver truly digitised financial services.

04 July 2017

News/Open APIs

European savings and co-operative banks join screen-scraping row

Trade groups representing over 5000 European savings and co-operative banks have called on the European Banking Authority to reject Commission amendments to the revised Payment Services Directive which would require banks to provide a fall-back interface to screen-scraping technology for third party access to consumer bank data.

26 June 2017

News/Open APIs

Bank API platform TrueLayer secures $3m series A funding

UK startup TrueLayer, a fintech developer platform that provides access to bank APIs, has secured $3 million in series A funding to pursue opportunities created by PSD2.

21 June 2017