Latest Open APIs News: Finextra Research

Australia gets ready for Open Banking

Australia's competition watchdog has finalised the rules governing Consumer Data Right regulations, paving the way for the introduction of Open Banking in the country.

11 February 2020

News/Open APIs

Revolut rolls out Open Banking tool

Revolut has launched an Open Banking feature, giving UK customers the ability to see their bank accounts from other providers from within the challenger's app.

11 February 2020

Company update/Open APIs

Simply completes first deal enabled by open banking technology

Simply, the SME funder, announced today that it has just completed its first deal enabled by open banking technology.

10 February 2020

News/Open APIs

EBAday 2020 to address 'the turning point in payments transformation'

Registration has opened for EBAday 2020, Europe's premier payments and transaction banking conference, taking place this year in The Hague between 19-20 May.

07 February 2020

News/Open APIs

Nacha applies blockchain tech to payment information exchange

US clearing house Nacha is to use blockchain technology to build Phixius, an online platform to ease the exchange of payment-related information between companies.

07 February 2020

Company update/Open APIs

Open Banking Europe launches a TPP Authorisation Number Lookup tool

Open Banking Europe (OBE) has officially launched on its website the TPP Authorisation Number Lookup tool.

06 February 2020

News/Open APIs

DTCC launches API marketplace

The Depository Trust & Clearing Corporation (DTCC) has launched an API marketplace it hopes will foster innovation and collaboration across developer and business communities.

05 February 2020

News/startups

Payments infrastructure builder Finix raises $35m

Payments infrastructure platform Finix, has raised $35 million in a Series B funding round led by Silicon Valley VC Sequoia.

04 February 2020

Company update/Open APIs

Bruno Diniz to lead FDATA charge into Brazil

Bruno Diniz, one of the most prominent experts in fintech in Brazil and co-founder of Spiralem, has been appointed as South America Chapter Leader with the Financial Data and Technology Association (FDATA).

03 February 2020

News/Open APIs

Canada puts security at top of open banking review

Canada's government is pushing ahead with a second phase of its open banking review, focusing on security issues surrounding the sharing of financial data with third parties.

03 February 2020

Company update/Open APIs

Asset finance startup Simply taps Open Banking data through AccountScore

AccountScore, the UK’s leading open banking platform, today announced that it has enabled Simply to capitalise on the benefits of open banking by providing the lender with an API to further enrich the lender’s underwriting data sources.

03 February 2020

News/Open APIs

SBI invests $20m in core banking-API integration firm OpenLegacy

Japan's SBI Holdings has invested $20 million in OpenLegacy Technologies, an American software firm that smooths API integration of core banking systems.

31 January 2020

News/Open APIs

UK fintech scene sees record investment in 2019

The day before Brexit, Innovate Finance has put out a report hailing a record 2019 for the UK's fintech scene and predicting a a rosy future.

30 January 2020

Company update/Open APIs

TrueLayer joins the Advisory Group of Berlin Group’s NextGenPSD2

TrueLayer will bring its connectivity expertise to the Advisory Group, which represents the demand side for the Berlin Group API standards powering open banking across much of Europe.

28 January 2020

Company update/Open APIs

Financial Data Exchange adds 25 new members

The Financial Data Exchange (FDX) welcomed 25 new members between August 1 and December 31, 2019, bringing the total membership to 82 organizations that have committed to collectively transitioning to a modern, transparent and secure data sharing approach.

27 January 2020

Company update/Open APIs

Nets and Bankify forge Open Banking integration

Bankify, a Finnish fintech company, and Nets, a leader in the payments industry, have entered into a strategic partnership that enables Bankify’s customers to consume Bankify’s services through Nets’ Open Banking platform.

27 January 2020

News/payments

Visa joins $80m Currencycloud funding round

London-based B2B cross-border payments outfit Currencycloud has raised $80 million in a Series E funding round joined by blue-chip investors such as Visa, BNP Paribas and Siam Commercial Bank.

27 January 2020

Company update/Open APIs

Codat joins Temenos Marketplace

Temenos (SIX: TEMN), the banking software company, today announces that Codat has joined Temenos MarketPlace.

24 January 2020

News/Open APIs

BNP Paribas to apply Tink PFM tool across European network

Fresh from securing EUR90 million in funding, Tink has sealed a deal with BNP Paribas to become the bank's preferred partner for account aggregation, payment initiation and personal finance management technologies.

23 January 2020

Finextra TV/cloud

Pinpointing the 'bits that matter' in a red ocean of data

As consumer habits develop and evolve, the way banks operate and how they engage with their customers do as well. With banks under increasing pressure due to competition from innovative fintechs and changing consumer expectations, they must develop the way they target and appeal to customers and maintain a profitable personal relationship.

22 January 2020