Open APIs

2293 articles tagged with this keyword

/Open APIs

Cooperation, cocreation and cost efficiency for agile product development

Fredrik von Roth, Key Account Manager, Bankgirot, speaks at NextGen Banking Nordics 2018 in Stockholm about the key components for banks and organizations trying to keep up with client's increasing demands, some examples of successful, agile product development and what’s driving the dramatic transaction volume increase in the payments market.

/Open APIs

European payments market infrastructure renewal

Saskia Devolder, Head of Western and Central Europe, SWIFT, speaks at SOFE 2018 in Amsterdam about the transformation underway in European Payments as a result of the Eurosystem and others setting a clear timetable for market infrastructure renewal, whats driving this, and how the industry is responding.

/Open APIs

Danske Bank opens account aggregation app in Northern Ireland

Danske Bank has introduced an account aggregation feature for its customers in Northern Ireland, using Open Banking APIs to siphon transactional data from other banks to its mobile app.

/regulation

Almoayed emerges from Bahrain sandbox with Open Banking mission

Signalling the pace at which the Kingdom of Bahrain is embracing the new era of open banking, in just one week the Kingdom’s regulator, the Central Bank of Bahrain, has mandated open banking adoption for Bahraini retail banks that provide online banking services to their customers and provided an in-principle confirmation to the first domestic open banking infrastructure provider, Almoayed Technologies.

/Open APIs

Basiq shares data with Regional Australia Bank for responsible lending

Basiq’s newly released affordability report enables home lenders to verify customers’ expenses based on real bank transaction data.

/Open APIs

Iwoca adds Barclays and HSBC to Open Banking connections

iwoca, the UK’s fastest growing small business lender, today announces it has connected to Barclays and HSBC banks under Open Banking.

/Open APIs

Temenos to acquire digital onboarding firm Avoka

Swiss core banking vendor Temenos has agreed to acquire digital customer acquisition outfit Avoka for $245 million in cash and debt.

/Open APIs

Motive Partners takes majority stake in Finantix

Private equity firm Motive Partners has acquired a majority stake in Finantix, which provides a bundled set of components and software development tools for financial firms beginning their digital transform journeys.

/Open APIs

Bank data sharing startup Plaid raises $250 million

Bank data sharing startup Plaid has raised a whopping $250 million Series C, valuing the three-year old company at $2.65 billion.

/Open APIs

How corporates are using virtual account management

Petri Syvänne, Head of Global Sales and Business Development, Tieto, speaks at NextGen Banking Nordics 2018 in Stockholm about real-time liquidity and virtual account management, how corporates are using these and how this market is likely to evolve.

/Open APIs

Spanish banks rail against Big Tech threat

Spanish banks have warned of the potential financial stability implications of Big Tech firms like Goolge, Amazon and Facebook entering the financial services industry.

/Open APIs

Thinkmoney readies for PSD2 with Token

Turnkey open banking platform provider, Token.io Limited, has been chosen by UK financial institution thinkmoney to deliver PSD2 compliance and open banking capabilities before the first Regulatory Technical Standards (RTS) deadline in March.

/Open APIs

GDPR will stagger rate of consumers sharing data with banks over ten years - Tandem Bank

In an interview with Finextra, Tandem Bank’s chief operating officer Nick Bennett revealed that the more data protection is regulated, the slower attitudes towards privacy will change.

/Open APIs

Token brings Open Banking to Mena region

Turnkey open banking platform provider, Token.io Limited, today announces a partnership with Almoayed Technologies, the MENA region’s leading technology infrastructure development company, to accelerate open banking across the Arabian Peninsula.

/wholesale

Mizuho Bank London goes live with Orchestrade for risk management

Orchestrade, a leading provider of trading, risk and operations solutions for capital markets, announced today that Mizuho Bank London has gone live on the Orchestrade system for consolidated risk management across a broad range of asset classes.

/payments

Yes Bank rolls out APIs for corporate debit mandates

YES BANK, India’s 4th largest private sector bank announced successful launch of end-to-end process for corporates to accept NACH Debit mandates from its customers through Net banking.

/Open APIs

Funding Options picks up Open Up Challenge prize

Business finance marketplace, Funding Options, has been announced as one of the winners of the second phase of Nesta’s ‘Open Up Challenge’ - one of only three companies to have won both stages of this challenge.

/Open APIs

Swift pilots API-based pre-validation service to cut payment errors

Swift has signed 14 major banks - including Bank of China, Citi and Deutsche Bank - to a pilot using APIs to pre-validate gpi payments, speeding up identification and cutting out errors and omissions in messages.

/Open APIs

Open Banking is in the customer’s hands in the age of data breaches

Following news of the Marriott data breach, panelists at Fintech Connect 2018 believe that while concern about the security of data retention still exists, open APIs have resulted in a paradigm shift around how data is controlled.

/Open APIs

‘Digital lipstick’ will not make banks ‘sexy’ enough to become tech companies

DBS Bank’s chief innovation officer Neal Cross has warned the audience at Fintech Connect 2018 that European banks are getting digitisation and open banking completely wrong by failing to adequately address customer pain points.