Latest Open APIs News: Finextra Research

Codebase launches white-label BNPL product

Banking API provider outfit Codebase Technologies has launched a white-label BNPL offering for banks, fintechs, lenders, and merchants.

04 April 2022

News/devops

ADGM and Finastra join forces for ‘Hack to the Future 4’

The Abu Dhabi Global Market (ADGM) has partnered with Finastra for its globally renowned fintech hackathon, Hack to the Future 4.

01 April 2022

Company update/payments

Qolo partners with open finance provider MX

Qolo, the omnichannel payments platform for fintech, today announced a strategic partnership agreement with MX, the leader in open finance. Qolo and MX provide fast-track solutions to help businesses, particularly neobanks and fintechs, stand up a core mobile banking experience. This allows them to get to market quickly while also future-proofing their growth.

01 April 2022

News/payments

Modern Treasury raises $50m

Payments orchestration platform Modern Treasury has topped up its Series C funding round with an extra $50 million from SVB Capital and Salesforce Ventures.

31 March 2022

Company update/retail

Finicity and Fiserv ink data sharing deal

Finicity, a Mastercard company, and Fiserv, Inc., both leaders in open banking technology, are advancing the future of open finance through secure data sharing.

30 March 2022

News/startups

Australian payments startup Zepto raises A$25m for international expansion

Australian real-time account-to-account merchant payments platform Zepto has raised A$25 million in a Series A funding investment by AirTree Ventures and Decade Partners.

29 March 2022

News/payments

Banking as a service gaining unstoppable momentum

Almost 85% of senior executives surveyed are already implementing Banking as a Service (BaaS), or are planning to in the next 12-18 months, says a market assessment report published by financial software company Finastra today.

28 March 2022

News/regulation

CMA unveils recommendations for future of Open Banking

The Competition and Markets Authority (CMA) has announced a new committee – the Joint Regulatory Oversight Committee (JROC) – to oversee the continued rollout of Open Banking in the UK, among other recommendations.

25 March 2022

News/payments

Mastercard rolls out open banking payments tools

Mastercard has unveiled a pair of open banking tools designed to improve predictability and transparency in digital account-to-account payments for merchants.

23 March 2022

News/payments

Lloyds partners ProjectPay to streamline construction sector payments

Lloyds Bank has joined forces with ProjectPay to help tackle missed and delayed payments in construction supply chains.

23 March 2022

Company update/wholesale

Codat unveils Sync for Commerce API

Codat, the universal API for small business data, today announced the launch of Sync for Commerce, which will automatically synchronize sales data with accounting platforms.

21 March 2022

News/regulation

CMA writes to Barclays and Lloyds over open banking API breaches

The UK's Competition and Markets Authority has written to Barclays and Lloyds about a series of failures to make accurate and comprehensive data on its products and services available through open APIs.

21 March 2022

News/cloud

ClearBank raises £175m for global expansion

UK clearing and embedded banking platform ClearBank is eying international expansion after raising £175 million in a financing round led by funds advised by Apax Digital.

21 March 2022

Company update/payments

Mallard Finance picks Nordigen as AISP

Independent lender Mallard Finance has picked Nordigen as their Account Information Service Provider (AISP), to generate a more comprehensive application procedure.

18 March 2022

Company update/startups

E-commerce API Rutter raises $27 million

Rutter’s mission is to enable new commerce experiences.

16 March 2022

Company update/people

Zai names former ANZ exec Sanjeev Kumar chief product officer

Zai, a global financial technology company delivering embedded finance orchestration, has today announced the appointment of Sanjeev Kumar as Global Chief Product Officer.

09 March 2022

News/startups

Embedded finance network mmob raises £5m

British embedded finance network mmob has closed a £5 million seed funding round to finance a move into new markets, including Malaysia.

09 March 2022

News/devops

Finextra partners with Finastra for Hack to the Future 4

Finextra has today announced a partnership with financial services software provider, Finastra, for its annual event, Hack to the Future.

08 March 2022

Company update/retail

Accord extends API technology to BTL cases

Accord Mortgages has today (Monday 7 March) added buy-to-let functionality to its API technology, making it even easier for brokers to submit mortgage applications for landlords.

07 March 2022

Company update/devops

Epicor acquires no-code cloud-based analytics platform Grow

Epicor, a global leader of industry-specific enterprise software to promote business growth, today announced it has acquired Grow Inc., a no-code, full-stack business intelligence (BI) platform that empowers any user – from the boardroom to the plant floor, warehouse, or store – to make data-driven decisions with easy-to-build, easy-to-use dashboards and interactive visualizations. Financial terms were not disclosed.

04 March 2022