Latest Open APIs News: Finextra Research

Australian fintech firms call for competition watchdog to police open banking roll-out

Australian fintech companies have called on the the Government to hold the line on the introduction of open banking reforms in the face of a hostile push-back from some of the countries top banks.

17 April 2018

Company update/Open APIs

Moneyhub integrates with Monzo and Starling APIs

Moneyhub has integrated with Monzo and Starling’s APIs, enabling Moneyhub to offer users of the digital banks an holistic overview of all their financial assets through Moneyhub’s platform.

16 April 2018

News/Open APIs

Westpac and CommBank hit back at Aus Open Banking plans

Australia's big banks have begun a rearguard action to stave of the introduction of a new Open Banking regime, calling for an extended deadline as high costs and security issues take their toll.

13 April 2018

Company update/Open APIs

LoyalBe wins inaugural Danske Bank Open Banking Challenge

A technology company developing an innovative digital loyalty app has been named the winner of the Open Banking Challenge, a new competition run by Techstart NI and Danske Bank.

10 April 2018

Company update/Open APIs

Nacha issues update on API standardisation plans

NACHA—The Electronic Payments Association® and the Payments Innovation Alliance today released a Meeting Summary Report from the latest meeting of the API Standardization Industry Group.

06 April 2018

Company update/Open APIs

DriveWealth closes $21m Series B funding round

DriveWealth Holdings, Inc. (“DriveWealth” or the “Company”) today announced the closing of a $21 million Series B investment.

05 April 2018

Company update/Open APIs

UK updates code of conduct for indirect access to payment systems

An updated, voluntary Code of Conduct for Indirect Access Providers (IAPs) has been published today (5 April 2018) following a consultation with stakeholders.

05 April 2018

Company update/Open APIs

Citi hosts Open API day in Hong Kong

Citi Hong Kong ("Citi") hosted an Open API Information Day ("Info Day") on March 28, 2018 to enthusiastic response from over 140 participants from 20 business partners.

03 April 2018

Company update/Open APIs

Finra warns consumes on bank account data sharing risks

The Financial Industry Regulatory Authority (FINRA) today issued an Investor Alert to help consumers consider the risks of sharing personal financial account information and other sensitive information with data aggregators.

29 March 2018

News/Open APIs

CreditLadder recruits Monzo and Starling

Monzo and Starling Bank have joined a raft of incumbents to integrate with rent recognition platform CreditLadder to help tenants to improve their credit history with rating agencies.

28 March 2018

News/Open APIs

New Zealand launches industry API pilot

New Zealand has become the latest country to board the open banking train, launching an industry pilot to test two APIs.

27 March 2018

News/Open APIs

KBC app lets customers check accounts at other banks; Citi takes aggregation route

KBC has become the first bank in Belgium to let customers check their balances with other financial institutions through its mobile app.

26 March 2018

News/Open APIs

Malaysian Central Bank prepares for banking industry's 'Kodak Moment'

The Central Bank of Malaysia has established an open API implementation group with members drawn from the banking industry, fintech community and key stakeholders to develop open API standards for the financial sector as part of efforts to broaden access and promote innovation and competition.

23 March 2018

News/Open APIs

New Norwegian bank picks Tieto AI tech for loan applications

Kraft, a new Norwegian bank targeting customers rejected by other lenders, has selected Tieto's AI technology for processing loan applications.

23 March 2018

Company update/Open APIs

Yolt pairs up with Monzo

Yolt, the smart thinking money app owned by ING, has integrated with the UK’s biggest challenger bank, Monzo.

23 March 2018

News/Open APIs

EBAday 2018 zones in on fintech

Finextra and the Euro Banking Association are inviting some of Europe's most promising early-stage startups to present their ideas to banking delegates attending EBAday 2018, Europe's leading payments and transaction banking event.

23 March 2018

News/Open APIs

UK fintech sector eager to embrace Open Banking

UK fintech firms are working hard to make the most of the Open Banking era, according to a survey from EY which shows that the vast majority are actively getting ready to take advantage of the slew of customer data that is being opened up to them.

22 March 2018

News/Open APIs

Royal Bank of Canada opens API developer portal

Royal Bank of Canada has opened an API portal to encourage the development of new products by third parties using the bank's data.

21 March 2018

News/Open APIs

Preta signs 30 institutions to Open Banking Europe programme

EBA Clearing subsidiary Preta has signed up 30 banks and tech firms to Open Banking Europe, an initiative launched in June last year to create a centralised PSD2 directory.

19 March 2018

Company update/Open APIs

Baton Systems payments tech comes to Oracle Cloud Marketplace

Baton Systems (“Baton”), one of the industry’s fastest, on-demand platforms for clearing, settling and managing payments between financial institutions in capital markets and a Silver level member of Oracle PartnerNetwork (OPN), today announced that its high-speed payments solution is now available in the Oracle Cloud Marketplace and Oracle Digital Innovation Platform for Open Banking for banks and financial institutions.

15 March 2018