Open APIs

News/Open APIs

Nationwide delays business banking account launch

Nationwide Building Society has put back the launch of its business account to later in the year as it continues testing of its mobile app and builds an Open Banking-powered switching tool.

03 March 2020

News/Open APIs

Barclays invests in Open Banking-based utility switching app Youtility

Youtility, a London-based startup tapping into Open Banking to help people track their household expenses and switch utility suppliers, has raised £4.5 million in a funding round joined by Barclays.

27 February 2020

Finextra TV/startups

Fintech-as-a-Service going Global

Sarel Tal, VP EMEA, Rapyd, talks to Hannah Wallace, FinextraTV at Merchant Payments Ecosystem 2020 in Berlin about some of the advantages of Fintech-as-a-Service for businesses looking to scale today, what this platform approach means for payments in the future and how this will impact and assist the gig economy.

27 February 2020

Finextra TV/startups

Thinking Strategically about Innovation

Ad van der Poel, Co-Head of Product GTS, EMEA, Bank of America, speaks to Hannah Wallace, FinextraTV at Merchant Payments Ecosystem 2020 in Berlin about the trends and innovations we are seeing across Europe, from Open Banking and real-time payments to data and regulation. We question at what point the cost of compliance may outweigh the value of innovation, how Bank of America is innovating their payments business and the strategic advice they are giving their customers following these innovations.

26 February 2020

News/Open APIs

Quality over quantity: A vital motto for Open Banking expansion

Notching up eye-watering numbers of APIs is not a valuable metric for success. A creeping, deep-rooted growth strategy is vital for successful expansion in Open Banking says Rune Mai, CEO and co-founder of Nordic API Gateway.

26 February 2020

Finextra TV/payments

The Evolution of Open Banking beyond Europe

Jim Wadsworth, SVP Open Banking at Mastercard spoke to Hannah Wallace, FinextraTV at Merchant Payments Ecosystem 2020 in Berlin about how things have moved on with Open Banking and the part regulation has played moving European intervention along. We learn about the impact innovation and collaboration has had on the merchants payments industry, areas where we are seeing the greatest growth such as India and what progress we are making in areas where cash-based transactions still reign.

26 February 2020

Research/Open APIs

Payments, 2020 and Beyond: How Today's Trends Drive Tomorrow's Strategies

26 February 2020 1190 downloads

News/Open APIs

Bank of Lithuania tests API-based RegTech prototype

Lithuania's central bank has tested a RegTech prototype which uses Open Banking APIs to automate reporting obligations for financial services firms.

24 February 2020

News/Open APIs

US bank coalition takes ownership of data sharing firm Akoya

Fidelity Investments is to spin off its API-based data sharing startup Akoya as an independent entity that will be jointly owned by Fidelity, The Clearing House Payments Co. and eleven of its member banks.

20 February 2020

Research/Open APIs

The Future of Cloud: Powering the Financial Services Industry

19 February 2020 1001 downloads

News/Open APIs

JPMorgan Chase gives fintechs data access deal deadline

JPMorgan Chase has sent fintechs a letter warning that they will be cut off from retrieving customer information unless they sign up to a new data access agreement, according to Reuters.

14 February 2020