Open APIs

2292 articles tagged with this keyword

/Open APIs

FinextraTV reveals 3-part Sibos 2019 Highlight Series

Join FinextraTV as we reflect on the theme of Sibos, ‘Thriving in a Hyperconnected World’. In a 3-part series, we look at the power of AI, the value of Levering Data and the challenges and opportunities around regulation in Financial services. We set out to capture where Artificial Intelligence is impacting most, the concerns it raises and how the industry can use AI to maximum effect in the future. We ask participants about the importance of developing a data strategy, the problems leveraging data overcomes and the new & improved services it leads to. The final part to our series will look at Regulation and how the banks are adapting to today’s regulatory demands, we question who will be the winners and losers, and whether regulation will be able to keep up with technological advancements and curb the unintended outcomes.

/Open APIs

Incumbents vs neobanks: Leverage new technology or risk crumbling

Financial institutions are focusing heavily on digital transformation driving innovation, better customer experience and cost reduction as they shift gears from simply meeting regulatory and compliance needs to remain relevant in a digital world.

/security

Preta creates QTSP Engagement group

Open Banking Europe formalizes today the creation of a PSD2 QTSP Engagement group started 9 months ago, with the objective to meet monthly to discuss and advise on practical topics related to using eIDAS for PSD2 Access to Account services.

/Open APIs

Wells Fargo inks data sharing deal with Plaid

Wells Fargo has reached an agreement with Plaid to give the bank's customers the ability to share their financial data with a host of fintech firms.

/Open APIs

Bud cuts 20% of workforce

Open banking outfit Bud has laid off 20% of its staff, just six months after receiving $20 million in funding from HSBC, Goldman Sachs, ANZ and Investec.

/Open APIs

Phoebus Software opens innovation hub

Phoebus Software Ltd (PSL) has launched an Innovation Hub to focus on providing digital and core product developments for new and existing clients.

/Open APIs

QuantHouse adds SpiderRock service to API

QuantHouse, the global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure products and part of Iress (IRE.ASX), today announced that SpiderRock Gateway Technologies has added their proprietary data & analytics service including implied volatility and option prints to the 150+ data sources available through QuantHouse’s API.

/Open APIs

What’s next after the SCA deadline?

Following the Strong Customer Authentication (SCA) deadline passing on Saturday, Dr Ruth Wandhöfer, honorary professor at the London Institute of Banking & Finance and board member at LSEG, took to the stage at the World Conference of Banking Institutes to discuss the changing pace of the payments industry and the role of the banking sector in this age of disruption.

/payments

Banks fear Big Tech competition in booming non-cash payments market

As global non-cash transactions boom and competition from fintech startups and Big Tech flourishes, banks remain reluctant to embrace Open Banking via data sharing, ecosystem partnerships and open platforms, according to a report from Capgemini.

/Open APIs

Visa and Mastercard join Plaid financing

Visa and Mastercard have joined a $250 million financing round in Plaid, a US startup that links consumer bank accounts with fintech apps.

/Open APIs

Horde hooks up to Neonomics bank API network

Neonomics, Europe’s leading provider of open banking APIs, has entered into a supplier agreement with Horde - a FinTech company with an app that provides its users with a complete overview of all their credit cards and unsecured loans in one place.

/Open APIs

Valiant, Contovista and Swisscom launch multibanking solution for SMEs

Valiant will be providing SMEs with the ability to manage their liquidity centrally and is thereby taking a pioneering role in the Swiss finance industry.

/Open APIs

Dwolla and Currencycloud team on international payments

Financial technology company Dwolla, Inc. announced a partnership with Currencycloud to allow its clients to facilitate international payments. Currencycloud is a global payments platform built on smart technology and is a leader in international payments.

/Open APIs

Italy's Fabrick unveils contingency models for API default under PSD2

Fabrick - the first player based in Italy with the aim of promoting open banking by defining new business models and banking services - confirming its technological leadership, is among the first European companies to present two "ready-to-use" solutions for the implementation of the so-called "Fallback solution", as a contingency mechanism for the access to accounts in case of API default.

/devops

Tinkoff Investments launches Open API for algorithmic traders

Tinkoff Investments brokerage platform launches Open API (application programming interface) for algorithmic traders, enabling them to create robots and set up automatic trading.

/Open APIs

Open Banking to make consumer credit more competitive

A survey of 100 leading global credit experts* has revealed nearly eight out of ten (77%) believe Open Banking will make the market for credit more competitive, with only 6% believing the initiative would make it less competitive.

/payments

SocGen chooses Preta's Open Banking Europe Directory to verify TPPs

PRETA announced today that SOCIETE GENERALE has joined the growing community of over 300 financial institutions relying on PRETA Open Banking Europe (OBE) Directory to support on the PSD2 access-to-account compliance processes.

/Open APIs

Citi Ventures invests in Even Financial

Citi Ventures has co-led a $25 million funding round for Even Financial, the startup that uses an API to help banks find and connect with consumers via channel partners.

/Open APIs

Nordic API Gateway lands PISP license

Today the Danish fintech company and open banking infrastructure platform Nordic API Gateway, which is also behind the money app Spiir, announces that they are one of the first companies in Denmark to land a payment Initiation Service Provider (PISP) license, after being the first to receive an account information service provider (AISP) license from the Danish FSA back in 2018.

/Open APIs

Genesis launches post-trade product suite

genesis, the international capital markets software firm, today announced the launch of its Post-Trade product suite and strategy.