Latest Open APIs News: Finextra Research

Nationwide opens API sandbox for mortgage broking industry

Nationwide Building Society has opened an API sandbox for third party developers to pilot applications to help speed up mortgage processing for brokers.

25 November 2019

News/Open APIs

Canada's EQ Bank moves core banking system to the cloud

EQ Bank, the digital arm of Canada's Equitable Bank, has moved its entire core banking system to the cloud.

22 November 2019

Company update/Open APIs

HSBC taps MuleSoft for Kinetic build out

MuleSoft, provider of the leading platform for building application networks, today announced that HSBC is leveraging MuleSoft’s Anypoint Platform to build a digital banking platform to power the bank of the future.

22 November 2019

News/regulation

Trust in Open Banking: Negotiating data liability between banks and TPPs

The breadth and complexity of Open Banking systems involve a web of players interconnected by the core need to access data. Used as the tool by which financial institutions and third parties deliver innovative financial products, the data required is highly personal by nature and brings with it a myriad of challenges on the part of institutions trying to capitalise its on value without taking on too much risk.

22 November 2019

Company update/Open APIs

Revolut integrates with Yolt app via API

Yolt, the smart thinking money app, has announced an integration with digital bank, Revolut. Revolut customers will also be able to use the Yolt app to analyse all their transactions, including those made outside of the UK – as well as set budgets, monitor spending and manage their investments all within one central place.

20 November 2019

Company update/Open APIs

OP Financial onboards with Nordic API Gateway

Today, the Open Banking platform Nordic API Gateway is announcing a new partnership with Finland's largest financial institution, OP Financial Group. OP Financial Group will collaborate with Nordic API Gateway to implement account information services (AIS) and account-to-account payment integration (PIS).

20 November 2019

News/Open APIs

Basel Committee weighs challenges of open banking

The rise of open banking could be a major boon for consumers, but it also poses major challenges in area such as regulatory oversight, cybersecurity and changing business models, according to a report from the Basel Committee on Banking Supervision.

19 November 2019

Company update/payments

Wells Fargo provides corporates with API for sending real-time payments

Wells Fargo (NYSE: WFC) announced today that its corporate customers can now send real-time payments through the RTP network via an application programming interface (API), enabling the immediate movement of money and expanding the bank’s faster payments offerings.

19 November 2019

Company update/regulation

Snoop wins regulatory approval from FCA

Fintech start-up, Snoop has taken a giant leap forward in its ambition to help make everyone better off by being approved by the Financial Conduct Authority (FCA) as a Registered Account Information Service Provider (RAISP).

19 November 2019

Company update/Open APIs

Hampshire Trust Bank turns to AccountScore for Open Banking

Hampshire Trust Bank (HTB) today announces that it has selected AccountScore’s market leading Open Banking solution as well as AccountScore’s digital consent management AISP, consents.online, to enable the secure sharing of customer data and financial information.

19 November 2019

Research/Open APIs

How European Retail Banks are Riding the Wave of New Technology

18 November 2019 747 downloads

Company update/Open APIs

Eprivia adds Open Banking to portfolio through partnership with Salt Edge

Exprivia | Italtel, an international company specialized in Information and Communication Technology, and Salt Edge, a leader in developing open banking solutions, combined their efforts to open up the possibility for banks and other financial institutions to take advantage of innovative digital technology and global connectivity.

14 November 2019

News/Open APIs

Turkey paves the way for Open Banking

The Turkish Government has passed new legislation paving the way for the introduction of Open Banking and full compliance with PSD2.

14 November 2019

News/Open APIs

£1.5m Open Banking challenge finalists named

The UK's Open Up 2020 Challenge has named the 15 fintech firm finalists to each receive £50,000 to help unlock the power of open banking.

13 November 2019

Company update/Open APIs

Soldo introduces API integration with NatWest Rapid Cash

Soldo, the multi-user business spending solution, has today announced a series of enhancements to further develop its offering and add value for existing customers.

12 November 2019

Company update/Open APIs

Paxos releases fiat gateway offering and APIs

Paxos Trust Company, the regulated financial institution that digitizes and mobilizes assets, today introduced new solutions that businesses can utilize to bridge between traditional and digital assets.

12 November 2019

Company update/Open APIs

Mojo Mortgages partners with Credit Kudos

Online mortgage broker, Mojo Mortgages, has partnered with Credit Kudos to announce the launch of MortgageScore, a market-first service for thousands of first time buyers who want to get on the property ladder.

12 November 2019

News/Open APIs

YES Bank launches sandbox housing 50 bank APIs

India's YES Bank has laid claim to the launch of the country's largest developer platform, housing an array of 50 APIs for use by third parties.

12 November 2019

Finextra TV/Open APIs

NextGen Nordics: P27 Momentum with EPAM

Alistair Brown, Global Head of Payments, EPAM, speaks about P27 in the lead up to NextGen Nordics. He describes how the ambitious P27 journey is shaping up, what challenges lie ahead, which industry players will benefit most from the initiative and what EPAM hope to take away from Finextra's NextGen Nordic event in Stockholm.

11 November 2019

Company update/Open APIs

Confidence in service providers critical to open banking adoption - survey

The overwhelming majority of consumers would prefer their main bank, as opposed to other banks or third-party providers (TPPs), to be their primary source of open banking services, a new pan-European study from Mobey Forum and Aite Group has revealed.

07 November 2019