Latest Open APIs News: Finextra Research

Finextra TV/Sibos

The State of Open Banking Across the World

Jess Turner, EVP, Global Head of Open Banking and API, Mastercard, speaks to FinextraTV on the week of Sibos, where she dove into the role AI plays in financial services, including open banking. Market maturity for open banking varies in different regions, but it is becoming increasingly evident that interconnectivity can support with global scale and allow users to leverage their own data for their own benefit. AI, used responsibly, plays a key role in advancing and securing the open banking ecosystem by enriching and anonymizing consumer-permissioned data so that consumers and small businesses can share with confidence.

18 November 2024

Finextra TV/Sibos

How Will New Technologies Shape the Future of Payments?

In an interview with FinextraTV in the lead-up to Sibos 2024, Pilar Fragalà, Chief Commercial Officer of CBI, explores the impact of digital technologies and regulations on payment services. Highlighting the role of AI, APIs, and blockchain in enhancing security and speed, while PSD2 and PSD3 drive open banking and consumer protection, the discussion focuses on innovations like embedded finance and instant payments that offer transparency and flexibility. Addressing growing fraud risks, the interview examines how technology can prevent fraudulent transactions by verifying IBAN and beneficiary details in real time.

23 October 2024

Finextra TV/Sibos

Why Corporate Treasurers are Focused on Real Time Treasury

In an interview with FinextraTV in the lead-up to Sibos 2024 in Beijing, China, Rachel Whelan, Managing Director, APAC MEA Head of Corporate Cash Management and Global Head of Payments and TFX Product Management at Deutsche Bank, comments on the four key drivers that are encouraging corporate treasurers to leverage real time treasury and the impact this change in business model would have on the way in which traditional treasury structures are set up. 2024, a year with elections in multiple countries and numerous geopolitical events, has also seen macro level developments such as the interest environment changing rapidly and high volatility when it comes to cash visibility. Further, risk management remains the biggest requirement for treasuries because it relies on the visibility of data and the movement of funds across the world and technological disruption in the form of AI, open banking and APIs will increase the speed of change and bolster foundations for the G20 instant payments roadmap to be fulfilled.

21 October 2024

Finextra TV/sustainable

Can Every Product Be Climate Positive?

Richard Peers, founder of Responsible Risk, interviews Erik Stadigh, Co-Founder and CEO of Lune, winner of the EBAday 2024 FinTech Zone award, ahead of Sustainable Finance.Live 2024. They explore how corporate sustainability can be simplified by automating carbon emissions reporting through APIs and hosted solutions. With the goal of making every product and service climate-positive by integrating granular emissions calculations and carbon projects into bank and fintech offerings, we ask: can businesses truly decarbonise efficiently without relying on costly consultants or new tools? As greener decisions are made with minimal effort, the future may see every company becoming a climate company through seamless integration of climate data.

07 October 2024

Finextra TV/wholesale

Reimagining Your Core: How Banks Can Thrive Amidst Rapid Technological Change

Narendra Mistry, CPTO of Universal Banking at Finastra, emphasises that banks must adapt quickly to evolving technology and customer expectations. Success lies in implementing efficient core banking systems, that enable innovation at scale and at pace, while navigating AI and data with a focus on mindset and business services. Lean systems, like those of neo and digital-only banks, are good, but long-term growth requires a clear vision, a strong culture and breadth of capabilities. For established banks with pre-existing infrastructures, symbiosis – where next gen solutions are deployed alongside existing solutions – can offer a fast way to deliver outstanding experiences, stay ahead of competitors and, when appropriate, ease transitions.

24 July 2024

Finextra TV/cloud

Considering Cloud? Here are the options for banks

Join FinextraTV at the Temenos Community Forum 2024 as Tony Coleman, Chief Technology & Innovation Officer, Temenos and Keith Lynch, Head of Enterprise Business, EMEA, Red Hat dive deep into why choice remains a fundamental tenet for the banking industry and how cloud migration is no exception. A bank in 2024 has many options, whether it is moving to public cloud, where technology stacks are supported by hefty players such as AWS or Azure, for example, or working with SaaS providers. The conversation also shifts to expanding on the benefits of private cloud where cloud-like deployments are established. The advantages of hybrid cloud are also prevalent, where one technology stack can run across multiple footprints, allowing organisations to build an app once, but deploy it everywhere with open source technology.

11 July 2024

Finextra TV/payments

2025 - 2030: Predictions for Real-Time Payments, ISO20022 and APIs

At EBAday 2024, Akshat Saharia, Head of European Financial Institutions Product and Propositions, Global Payments Solutions, HSBC discusses the biggest changes to occur across the cross-border payments landscape in the next five years. While 90% of cross-border transactions complete in 30 mins, the other 10% can be delayed, resulting in frustration and a lack of transparency. Robust change will be seen with real-time payment schemes opening up for cross-border payments. In turn, with ISO20022 being mandated from November 2025, banks in the world will be operating with enhanced data, standardised information and LEIs which will significantly enhance STP and reduce costs. Digital transformation through the use of APIs will also bolster end-to-end connectivity, paving the way for value-added services offering increased transparency and verification with Confirmation of Payee.

28 June 2024

Finextra TV/retail

CFIT CEO Ezechi Britton MBE on How to Unlock Barriers to Fintech Growth

At IFGS 2024, Ezechi Britton MBE, CEO of the Centre for Finance, Innovation and Technology (CFIT), explores their recently released report on the benefits of open finance, what needs to be done to implement successful change and how open finance will change UK fintech going forward.

06 June 2024

Finextra TV/cloud

Building the digital banks of the future

Carlton Hopper, UK Managing Director of GFT, and Sam Everington, CEO of Engine by Starling, review the impact of new banking platforms and implementation strategies for successful bank modernisation. They discuss GFT and Engine by Starling's collaboration that utilises cloud-native, modular, and API-based technologies to empower clients worldwide to deliver next generation digital banking.

17 January 2024

Finextra TV/payments

Agile digitalisation for future-focused issuers

Jos Veendrick, the Regional Head for Continental Europe at TSYS, a Global Payments company, assesses the challenges issuers face with legacy technology and the growing demand for convenience and personalisation in digital transactions. Our discussion covers cloud-based services and API-centric approaches, addressing industry needs and anticipating future growth in the digital payments landscape.

22 November 2023

Finextra TV/markets

How investing in partner ecosystems and generative AI technologies puts real-time client needs first

Wissam Khoury, EVP of Treasury and Capital Markets at Finastra, discusses how Finastra's approach to delivering end-to-end solutions meets client banks' demands for increased efficiency and cost reduction, especially in an increasingly uncertain market. Emphasising the value of returning the power of innovation to clients through cloud-based technologies, extensive partner ecosystems and Gen AI, Wissam analyses the approach of leveraging open APIs and third-party solutions to ensure long-term sustainable growth for clients and communities.

06 November 2023

Finextra TV/payments

The Last Chapter of the Payments Saga: Decision time for Financial Institution

Emanuela Saccarola, Global Co-Head of Cross-border Payments & Receivables, Treasury and Trade Solutions, Citi, speaks at EBAday 2023 about what financial institutions are currently experiencing in the payments space, insights from FI clients on the shifting needs of customers, how to achieve digital transformation, and the ways in which API can be a critical enabler.

30 June 2023

Finextra TV/payments

Empowering a connected world

Abe Smith, Co-CEO at Paymentology, speaks at Money20/20 Europe about how they support banks, fintechs & telcos through the use of their cloud-based infrastructure, and highlights the main benefits of using APIs when card issuing at scale.

12 June 2023

Finextra TV/predictions

What payment trends we can expect in 2023?

In this episode of FinextraTV's PREDICT 2023 Series, Dalbir Sahota, Senior Director Product Management, Bankers Almanac® at LexisNexis® Risk Solutions, shares his forecast for cross-border payments and APIs. For more information on the research cited, please visit:

23 March 2023

Finextra TV/Sibos

Opportunities innovative technology opens up for Financial Institutions

Monica Sasso, FSI EMEA Chief Technologist, Red Hat joins FinextraTV at Sibos 2022, keeping us current on what opportunities can emerge when opening up a bank's infrastructure. Particularly how challenges in independent innovation can turn into a chance to review new business prospects, what part open APIs play in pushing forward a new marketplace for customers' choices, and the opportunities to be found in moving away from legacy infrastructure.

10 November 2022

Finextra TV/Sibos

Industry issues and technology enhancements

Stephanie Wolf, Head of Global Financial Institutions, Governments and Business Banking Sales for GTS, Bank of America joins FinextraTV at Sibos 2022 to discuss the issues facing the industry and Bank of America’s latest innovation in APIs.

13 October 2022

Finextra TV/wholesale

The customer engagement imperative: What banks can learn from the FinTech playbook

Gareth Wilson, UK Banking and Capital Markets business lead, Capgemini & Elias Ghanem, Vice President and Global Head of Capgemini Research Institute for Financial Services, reflect on the growth of digitalization across the industry and a shift in customer needs. They discuss the challenges banks are facing as a result, what they should be investing in and leveraging to tackle this challenge, and how they can use data and AI/ML technologies to create superior customer experiences that drive growth. They also reflect on how positioning the CMO as a customer strategist and chief engagement officer can further enhance growth opportunities.

10 May 2022

Finextra TV/startups

Fintech-as-a-Service going Global

Sarel Tal, VP EMEA, Rapyd, talks to Hannah Wallace, FinextraTV at Merchant Payments Ecosystem 2020 in Berlin about some of the advantages of Fintech-as-a-Service for businesses looking to scale today, what this platform approach means for payments in the future and how this will impact and assist the gig economy.

27 February 2020

Finextra TV/startups

Thinking Strategically about Innovation

Ad van der Poel, Co-Head of Product GTS, EMEA, Bank of America, speaks to Hannah Wallace, FinextraTV at Merchant Payments Ecosystem 2020 in Berlin about the trends and innovations we are seeing across Europe, from Open Banking and real-time payments to data and regulation. We question at what point the cost of compliance may outweigh the value of innovation, how Bank of America is innovating their payments business and the strategic advice they are giving their customers following these innovations.

26 February 2020

Finextra TV/payments

The Evolution of Open Banking beyond Europe

Jim Wadsworth, SVP Open Banking at Mastercard spoke to Hannah Wallace, FinextraTV at Merchant Payments Ecosystem 2020 in Berlin about how things have moved on with Open Banking and the part regulation has played moving European intervention along. We learn about the impact innovation and collaboration has had on the merchants payments industry, areas where we are seeing the greatest growth such as India and what progress we are making in areas where cash-based transactions still reign.

26 February 2020