Latest Open APIs News: Finextra Research

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

Company update/Open APIs

Monzo connects to Yolt Pay

Yolt, the smart thinking money app, has announced that one of its newest features, Yolt Pay, is now available to Monzo account holders.

21 January 2020

News/Open APIs

Open Banking customer numbers surge

Customer use of Open Banking in the UK has surpassed the one million customer mark for the first time, doubling in the past six months.

20 January 2020

News/Open APIs

Open Banking platform Tink raises EUR90 million

Swedish Open Banking platform Tink has closed a EUR90 million investment round at a post-money valuation of EUR415 million to supports its continued expansion across Europe.

20 January 2020

Company update/Open APIs

Bankable teams up with Plaid

Today, Bankable, the global architect of “Banking as a Service” solutions, announced a strategic global partnership with Plaid, a data network powering the fintech apps that millions of people rely on to improve their financial lives.

15 January 2020

Company update/Open APIs

Italy's CBI and Nexi to collaborate on Open Banking innovations

CBI, the think tank for innovation for the payments market in the financial industry promoted by the Italian Banking Association, has teamed up with Nexi, the PayTech for banks, to add a new feature to the CBI Globe platform which will enable banks to develop fintech services in response to the growing needs of corporate and retail clients.

15 January 2020

Company update/crypto

Blockchain.com releases API for crypto traders

Blockchain.com, the leading provider of cryptocurrency products including the world’s most popular crypto wallet, has launched a trading API for cryptocurrency traders to access the deep liquidity and fastest matching engine in crypto on the Blockchain.com Exchange using automated trading algorithms.

14 January 2020

News/devops

Icici Bank opens API portal to developers

India's Icici Bank has opened an online marketplace comprising nearly 250 APIs for third party developers to connect to and communicate with the bank's applications.

14 January 2020

News/Open APIs

Visa to acquire Plaid for $5.3 billion

Visa is to shell out $5.3 billion to acquire bank data sharing startup Plaid.

14 January 2020

News/Open APIs

Charity uses open banking to speed up debt advice

A Scottish money advice charity is piloting the use of open banking technology from Experian to quickly gather a picture of its users' financial positions.

14 January 2020

News/Open APIs

Open Banking year two: Insights from the CMA9

The financial services industry was forced to endure a steep learning curve with the launch of Open Banking in 2018, but what followed the one-year anniversary of the UK’s experiment? Here’s a review of Open Banking’s second year. What worked? What didn’t? And what’s next?

13 January 2020

Finextra TV/retail

Placing the emphasis on Experience in Banking

Lee James, CTO, EMEA, Rackspace, speaks about Digital Transformation and banking as a service, how both are providing better customer experience, ways consumers are managing their money better, the role cloud plays in this space and how it is likely to evolve.

08 January 2020

News/Open APIs

Australia delays Open Banking roll out over security concerns

Australian authorities have delayed the introduction of Open Banking rules by six months amid concerns over testing and security of the new provisions for account data sharing.

02 January 2020

News/retail

Banking predictions for 2020 – more competition, more collaboration and new sources of revenue

As 2019 draws to a close, financial services commentators and vendors have made their customary end-of-year predictions for the 12 months ahead, with increased competition through supercharged PSD2 the principal driving force.

23 December 2019