Latest Open APIs News: Finextra Research

Assetz Capital releases API

Financial services companies such as banks and money management apps can now offer their customers the option to manage their investment in peer-to-peer lending, with the launch of Assetz Capital-as-a-Service (ACaaS).

27 July 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

Company update/Open APIs

Finastra FusionFabric.cloud picks up early adopters

Finastra today announced a new milestone in its Platform as a Service (PaaS) vision, with several early adopters now developing and running apps on FusionFabric.cloud.

26 July 2017

Finextra TV/Open APIs

Interoperability key for API adoption in India

Sanjay Jain, iSPIRIT Aadhaar and India Stack, talks at the FinTechStage Inclusion Forum in Jakarta about the take-up of its mobile phone open API-driven payment system, how use is starting to rival that of cards, its potential to foster financial inclusion by offering a low-cost solution and driving new competition, and its additional functionality in the areas of KYC and digital identity.

20 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

Company update/Open APIs

Swift Institute explores open banking

The SWIFT Institute is publishing a new working paper on open banking, looking at the possible impact of the adoption of public application programming interfaces (APIs) on the financial services industry.

18 July 2017

Finextra TV/Open APIs

For real-time, think business value, not business case

Conny Dorrestijn, VP Global Payments Marketing, FIS, and Marijke Koninckx, Product Marketing Manager, Instant & Open, FIS, talk about the findings of the 2017 edition of Flavors of Fast, FIS’ annual review of the real-time payments landscape, highlighting the growing linkage between open API and instant payments, the increasing focus on SME and corporate needs and the requirement to lift real-time payments to the ‘third dimension’.

13 July 2017

Company update/Open APIs

Allfunds releases API

Allfunds is boosting the capacity of the wealth management industry to engage in the digital ‘fintech’ revolution by launching an API* Platform to over 550 leading financial institutions.

13 July 2017

Company update/Open APIs

Finxact releases Open Core API

Finxact, an innovator in Core-as-a-Service banking technology, today announced the availability of its Open Core API, which is available through its sandbox.

11 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

Company update/Open APIs

Stet issues PSD2 API

STET, a European leader in payments processing will issue in July a RESTFUL API (Application Programming Interface) standard which will allow Third Party Providers (TPPs) to access payment accounts.

10 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

Company update/Open APIs

Latvia's Norvik Banka partners Salt Edge to tackle PSD2 compliance

Latvian based Norvik Banka has partnered with Salt Edge Inc. and it’s Priora Platform to become one of the first banks in the Baltics to tackle the PSD2 compliance process.

04 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

Company update/Open APIs

CA rolls out suite of products for PSD2

CA Technologies (NASDAQ:CA) today announced Payment Services Directive 2 (PSD2) Solution by CA to help banks, payment service providers (PSPs) and third-party providers (TPPs) to modernize their application architectures, accelerate open banking and streamline digital payments innovation to address PSD2 requirements.

23 June 2017

Company update/Open APIs

Faster Payments launches Trust Service to lower secure access costs

Faster Payments, the UK’s 24/7 real-time payment service, has launched a new Trust Service that will potentially cut the cost for challenger banks and others of obtaining the services that are essential to securely access the UK’s payments systems.

21 June 2017

Company update/Open APIs

CA Technologies releases PSD2 solution to accelerate open banking

CA Technologies today announced Payment Services Directive 2 (PSD2) Solution by CA to help banks, payment service providers (PSPs) and third-party providers (TPPs) to modernise their application architectures, accelerate open banking and streamline digital payments innovation to address PSD2 requirements.

21 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