Latest Open APIs News: Finextra Research

First Data and Live Oak complete joint venture deal

First Data (NYSE:FDC), a global leader in commerce-enabling technology, and Live Oak Bancshares, Inc. (NASDAQ:LOB), today announced they have closed the digital banking joint venture that was announced earlier this year.

02 October 2017

News/Open APIs

PSD2: Brits don't trust retailers and social media platforms with bank details

As the revised Payments Service Directive (PSD2) nears, research from Accenture suggests that banks still have a strong trust advantage over third-party providers, with a clear majority of Brits unwilling to share their financial data with the likes of retailers and social media platforms.

02 October 2017

News/Open APIs

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

Company update/Open APIs

Quovo introduces auto-verified micro-deposits

Quovo, a data platform that provides connectivity to financial accounts, today announced the launch of Autoverified Micro-deposits (AVMs), a new offering that enables financial services providers to streamline client onboarding and ACH payments and transfers.

29 September 2017

Company update/Open APIs

NAB connects to SWIFT gpi Payments Tracker via API

In a global first, National Australia Bank has implemented connectivity to the new SWIFT gpi Payments Tracker via Application Programming Interface (API).

29 September 2017

Company update/Open APIs

Nymbus unveils 'digital-first' banking platform

Nymbus, the core banking modernization company, today introduced NYMBUS SmartDigital, a digital-first banking platform that extends a customer-centric banking experience directly to end-user customers through online and mobile channels.

28 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

Company update/Open APIs

Berlin Group launches Public Market Consultation on NextGenPSD2 Standard

On 2 October 2017, The Berlin Group will launch a 6-weeks public market consultation on its NextGenPSD2 Access to Accounts (XS2A) Standard that enables Third Party Providers (TPPs) to access bank accounts under the revised Payment Services Directive (PSD2).

27 September 2017

Company update/Open APIs

Legal Entity Identity Foundation releases API to ease access to data pool

The Global Legal Entity Identifier Foundation (GLEIF), the body responsible for ensuring the operational integrity of the Global Legal Entity Identifier (LEI) System, today launched its LEI ‘Look-up’ application programming interface (API).

27 September 2017

Company update/Open APIs

SunTec introduces open banking platform to manage and monetise bank APIs

SunTec, whose technology powers the financial services delivered to over 300 million consumers worldwide, today unveiled its Open Banking offering through its Xelerate technology platform.

26 September 2017

Company update/Open APIs

HSBC collaborates with Xero, Sage and Intuit for customer data exchange

HSBC is expanding its existing bank feed services with the launch of a new online tool that enables small and medium sized companies to establish a data feed from their bank account to their accounting software.

26 September 2017

Company update/Open APIs

Consumers express interest in bank data sharing

The digital disruption in the global banking sector continues to rise.

26 September 2017

Company update/Open APIs

SAP enhances financial services accelerator

SAP SE (NYSE: SAP) today announced a new release of the financial services accelerator for the SAP® Hybris® Commerce solution, enabling banks and insurance companies to offer customers a faster and easier experience opening checking accounts, applying for loans, obtaining insurance policies and many other services either in person, online or on mobile devices.

25 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

Company update/Open APIs

Finxact expands sandbox capabilities

Finxact, an innovator in Core-as-a-Service banking technology, today announced the availability of new features in its sandbox for qualified banks and ancillary service partners to begin exploring, innovating, and building novel products, mobile services, and modern banking capabilities.

20 September 2017

Company update/Open APIs

Axioma upgrades Portfolio Optimizer

Axioma, a global provider of innovative risk and portfolio management solutions, today released the latest version of Axioma Portfolio Optimizer (APO 2017.R4).

19 September 2017

Company update/Open APIs

Browsers on board for W3C Payment Request API

The World Wide Web Consortium (W3C) today called for broad implementation and testing of Web technologies to make online checkout easier for users and improve conversions and security for merchants.

18 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

Company update/Open APIs

OCBC Bank launches transactional API for Giro set-up

OCBC Bank has scored another first by rolling out a transactional API that – when integrated with a third-party website or app – allows a GIRO facility to be set up instantly.

18 September 2017