Latest Open APIs News: Finextra Research

Ping Identity passes FAPI conformance tests

Ping Identity, the leader in Identity Defined Security, today announced its successful completion of the Financial-grade API (FAPI) conformance testing, as part of the process defined by Open Banking Ltd.

08 August 2019

News/devops

How corporate bankers can leverage open APIs to innovate

Traditional banks are still not meeting the expectations of their customers because of the legacy core systems that most financial institutions are saddled with, preventing innovation.

08 August 2019

Company update/Open APIs

WSO2 upgrade Open Banking platform to support new API standards

Banks and financial institutions across the European Union (EU) and United Kingdom (UK) are sprinting to meet the EU’s Second Payment Services Directive (PSD2) Regulatory Technical Standards (RTS) deadline on September 14, 2019.

07 August 2019

News/Open APIs

Nordic API Gateway launches account-to-account payment services

Backed by DNB and Danske Bank, Nordic API Gateway has opened its payment initiation service, designed to help third-parties build instant account-to-account payment services for both businesses and consumers.

07 August 2019

Company update/Open APIs

Experian reports growth in Open Banking requests

People are embracing a new wave of apps and services to help manage their money or share bank account transaction data to improve access to finance, according to the latest statistics.

05 August 2019

News/Open APIs

Australia passes consumer data rights legislation

The Australian Government has passed new legislation on consumer data rights, paving the way for the introduction of Open Banking.

02 August 2019

Company update/payments

PayPal introduces invoicing API for e-commerce marketplaces

Small businesses face a range of challenges. From cash flow management, to finding the best marketplaces to reach new customers, to keeping loyal customers happy, small business owners need solutions that makes wearing many hats simpler.

01 August 2019

Finextra TV/Open APIs

Intraday Liquidity Management: From a cost discussion to a revenue opportunity

Nadeem Shamim, Head of Cash & Liquidity Management, SmartStream Technologies, speaks about the significance of the launch of their latest whitepaper on Intraday Liquidity Management, the new business drivers changing this space, where banks stand, how SmartStream can help through real-time management and the outlook for the future of emerging technologies.

01 August 2019

Company update/Open APIs

AccountScore and Validis forge Open Banking alliance

AccountScore, the AISP accredited Open Banking platform, and Validis, the financial data sharing and standardisation experts, have signed a ground-breaking partnership to deliver more transparent financial services for small and medium businesses in the UK.

01 August 2019

Company update/Open APIs

Tokyo Stock Exchange opens data sandbox

Tokyo Stock Exchange, Inc. (TSE) announces that it will launch a data sandbox program* (hereinafter "the Program") to serve as a new framework for supporting, on a cross-industry basis, the creation of new services by start-up companies for the securities sector.

01 August 2019

News/devops

Bunq opens API-enabled app store

Dutch digital bank bunq is opening an API marketplace to showcase apps built using its own proprietary API.

01 August 2019

Company update/Open APIs

TurkishBank signs up with Token for PSD2 compliance

TurkishBank UK, an in-branch and internet banking provider for retail and business customers, has partnered with Token.io Limited to provide third parties regulated, PSD2 compliant access to its UK retail and business customer accounts.

31 July 2019

News/Open APIs

Securities industry close to adopting APIs – SWIFT and BCG

A new joint SWIFT and Boston Consulting Group (BCG) report reveals that interest in application program interfaces (APIs) is rapidly increasing in the securities servicing industry and firms may leverage the technology to handle diversity of asset types.

30 July 2019

News/devops

How developers can leverage retail banking open APIs

Developers are now able to tap into the potential of PSD2 and open banking with no prior core banking experience and leverage open APIs to build retail banking applications. Anand Subbaraman, VP and general manager of retail banking, at Finastra believes that the potential for open APIs is limitless, and we are now in the fourth generation of banking.

30 July 2019

News/cloud

Is RegTech encouraging a cloud revolution?

The deployment of new applications and the migration of core systems onto the cloud is in full swing, and financial institutions (FIs) could arguably soon be free of the legacy shackles that prevent them from moving forward into the age of digitalisation.

30 July 2019

Company update/Open APIs

Starling to provide SumUP merchants with access to faster settlement

Starling Bank has partnered with SumUp, Europe’s leading mobile point of sale company, to provide small merchants with access to faster settlements.

29 July 2019

Research/Open APIs

The Future of Banking is Open

29 July 2019 1192 downloads

Company update/Open APIs

EBA publishes fourth set of clarifications on APIs unders PSD2

The European Banking Authority (EBA) published today clarifications to a fourth set of issues that had been raised by participants of its Working Group (WG) on APIs under PSD2.

26 July 2019

News/Open APIs

Finextra issues call for comment on payments revolution

Finextra is opening a public consultation on the competitive pressures driving the future strategy and direction of banks, as the sector grapples with a series of profound disruptions that are shaking up the once staid payments industry.

26 July 2019

Company update/Open APIs

Banks and Third Party Providers agree on joint efforts regarding the transition to new payment rules

Today, the European Banking Federation (EBF), the European Association of Co-operative Banks (EACB) and the European Savings and Retail Banking Group (ESBG), known collectively as the European Credit Sector Associations (ECSAs), on the one side and the European Third Party Providers Association (ETPPA) and the Financial Data and Technology Association (FDATA) on the other side, formulated a Joint Statement to smoothen the transition to the new security and communication standards that will be applicable from 14 September 2019 within the framework of the revised payments services directive (PSD2).

26 July 2019