Open APIs

2290 articles tagged with this keyword

/payments

Beanstalk and Tomato Pay bring Open Banking PISP to child savings

Beanstalk, the family app that invests for your kids, today launched instant transfers for top-ups to its Stocks and Shares Junior ISAs. Working with tomato pay, as its Payment Initiation Service Provider (PISP), Beanstalk is bringing the fintech power of Open Banking to child savings and investments and disrupt a market that has to date been reliant on largely manual, complex and costly processes.

/payments

Manchester's BankiFi secures £2.2 million investment

BankiFi, a fintech business specialising in payment processing and financial administration services for SMEs, has secured a £2.2m investment in a funding round led by Praetura Ventures, with participation from the Greater Manchester Combined Authority (GMCA).

/payments

Astra partners Plaid to enable fintechs to to embed automated bank transfers

Astra, a technology company that offers advanced bank-to-bank transfer solutions, today announced a formal partnership with Plaid, a data network powering the digital financial ecosystem, to offer an integrated solution for developers to easily enable programmatic money movement for their customers.

/crypto

Alpaca raises $50m; moves into crypto trading

Alpaca, a stock brokerage platform that offers APIs for fintech apps to connect and trade in US stocks, has raised $50 million and laid out its plan to launch cryptocurrency trading.

/retail

Salt Edge inks deal with Italy's Switcho

Switcho, an Italian digital fintech platform that brings innovations in expenses management, has upgraded its services by teaming up with Salt Edge, pioneer in open banking, thus becoming the first company in Italy able to provide insights on expenses and at the same time offer the chance to take actions about it, straight from the app, in order to save on those expenses.

/startups

National Bank of Canada takes majority stake in data sharing startup Flinks

National Bank of Canada is paying C$103 million for a majority stake in Flinks, a Montreal-based data aggregation startup.

/regulation

TrueLayer opens new European HQ in Dublin

Open Banking platform TrueLayer has been authorised by the Central Bank of Ireland (CBI) as a Payments Institution and established its new European headquarters in Dublin.

/retail

Open Banking Excellence launches local chapter in Brazil

Open Banking Excellence (OBE), the global centre of community and knowledge driving change in Open Finance, announced today the launching of a local chapter in Brazil to support the development and growth of the country’s open financial system.

/wealth

DriveWealth raises $450m

DriveWealth, a provider of API-based brokerage technology that enables partners to offer real-time access to the US equities market through fractional share trading, has closed a $450 million Series D funding round at a $2.85 billion valuation.

/cloud

Open source solution provider Suse adds professional services to AWS offering

SUSE, a global leader in innovative, reliable and enterprise-grade open source solutions, today announced the availability of SUSE Professional Services – including consulting, training and premium support services – in AWS Marketplace. Amazon Web Services, Inc. (AWS) customers can now access SUSE professional services alongside already-available SUSE software, simplifying their business processes and enhancing their ability to meet the demands of the digital economy.

/payments

Decta partners with Volt to equip businesses in 70+ markets with open banking benefits

Volt, the leading open payments gateway, today announces a new partnership with global payment processing firm DECTA to provide customers from 70+ markets – including banks, merchants, online payment service providers (PSPs), and fintechs – with a portal to open banking architecture.

/retail

Salt Edge software arrives on Finastra Fusion store

Finastra today announced its collaboration with Salt Edge to improve the speed of compliance with the Payments Service Directive 2 (PSD2) and other global Open Banking standards, for banks and Electronic Money Institutions (EMIs) worldwide.

/payments

Macropay debuts Open Banking service

The banking industry has not been a favorite for consumers in the past, and it isn’t difficult to see why.

/sustainable

Acacia uses open banking to help Aussies build wealth in sustainable way

Australian startup Acacia is emerging from stealth mode with the launch of it money management app that uses open banking and data analytics to give user insights into their financial and environmental arrangements.

/retail

Brex buys Israel's Weav

US corporate card unicorn Brex has paid $50 million to buy Weav, an Israeli outfit offering a universal API for commerce platforms.

/retail

JP Morgan Private Capital and AmEx invest in Plaid

Open banking platform Plaid has topped up its Series D financing round with investments from JP Morgan Private Capital Growth Equity Partners and Amex Ventures.

/cloud

NAB, CIBC, Itaú Unibanco and NatWest launch open finance challenge

NAB, CIBC, Itaú Unibanco and NatWest Group have joined forces with Amazon Web Services to run a global open finance challenge, inviting fintechs, universities and other large organisations to prototype and develop new digital banking services.

/retail

First Horizon migrates VirtualBank to Apiture Open platform

Apiture, a leading cloud-native provider of digital banking solutions, announced today the migration of First Horizon Bank's digital brand, VirtualBank, to the Apiture Open platform. After merging with IBERIABANK in 2020, Memphis, Tennessee-based First Horizon currently has over $87 billion in assets with 500 branch locations across twelve states.

/markets

Refinitiv and Giact team up to mitigate risk across customer lifecycle via single API

Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, today announced that the EPIC Platform from GIACT and World-Check are now together and accessible via a single API.

/retail

Banfico releases Open Banking directory

Banfico has launched an Open Banking Directory Service, enhancing its open banking portfolio, already being used by communities around the world.