Open APIs

2348 articles tagged with this keyword

/sustainable

Sustainable Finance.Live 2025: NUAR and the complexities of geospatial data sharing

Explaining the development of The National Underground Asset Register (NUAR) currently in pilot, a panel at Sustainable Finance.Live discussed the complexities involved in data sharing across organisations and across countries.

/payments

API-First and Scalable: What Banks Need for a Future of Multi-Rail Payments

While at Sibos in Frankfurt, Sheri Brandon, Global Head of New Business, Financial Services at Worldline, shared her thoughts on the best strategies for multi-rail payments innovation. Brandon advises against attempts to reinvent the wheel and emphasizes that banks must think individually, recognizing that each bank has different customers with varying requirements. However, she adds, to ensure their ability to focus on their end customer and innovate without regularly having to restart, all should join the growing adoption of API-first, scalable payment hubs. She says these will enable them to be faster and more agile, noting that all should have the right strategies in place to be ready as more payment evolutions are on the horizon.

/Open APIs

Modernising liquidity management for real-time banking

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/ai

IBM and Groq partner up to accelerate enterprise AI deployment

IBM and Groq today announced a strategic go-to-market and technology partnership designed to give clients immediate access to Groq's inference technology, GroqCloud, on watsonx Orchestrate – providing clients high-speed AI inference capabilities at a cost that helps accelerate agentic AI deployment.

/payments

Mastercard launches Commercial Connect API

Mastercard is pioneering a future where consumer-grade simplicity can be the norm for B2B payments. As consumers, we book a ride or order a coffee, and the payment for these services is seamlessly embedded.

/payments

Cross-border payments fintech Routefusion raises $26.5m

Routefusion, an Austin-based financial infrastructure provider that helps platforms and FIs embed cross-border payments and multi-currency account capabilities, has raised $26.5 million in Series A funding.

/crypto

ECB taps Italian tech firms Almaviva and Fabrick to build digital euro app and infrastructure

The digital euro, issued and backed by the Eurosystem, aims to complement cash, enhance financial inclusion, and bolster Europe’s monetary sovereignty. The initiative is also seen as a strategic move to strengthen the EU’s technological autonomy and resilience against cyber threats and technical disruptions.

/Sibos

Sibos 2025: DeFi expected to take over financial ecosystem

In the rapidly developing financial universe, there are certain buzzwords that have been reappearing throughout discussions: blockchain, stablecoins, and tokenisation. While cryptocurrencies are not new, these new developments in decentralised finance (DeFi) are taking the financial sector by storm.

/ai

Can Open Finance & Agentic AI Enable a Future of Financial Freedom?

Discussing the role of Agentic AI and Open Finance in the future of financial services, Jess Turner, Executive Vice President, Global Head of Open Finance and Developer Experience, Mastercard joined the FinextraTV studio at Mastercard's RiskX event in Rome. Turner explains the importance of creating a comfortable developer experience to enable solutions that give AI agents autonomy to act safely and securely with consumers towards a freer, open finance future. As part of this, she describes the key challenges to overcome from data governance to agentic discoverability and consumer consent.

/payments

Plaid to pay JPMorgan for access to customer data

Plaid has caved into demands by JPMorgan to pay for access to customer data, after the US bank accused aggregator firms of ‘massively taxing’ its systems with unnecessary pings.

/payments

TransBnk secures $25 million in funding from Bessemer Venture Partners - Techcrunch

Combined with this most recent funding, TransBnk has raised around $26 million in total, increasing its valuation seven times according to the Indian startup's leadership team.

/payments

Lithic integrates Visa API to speed up card upgrades

Lithic, the card issuing processing platform powering next-generation financial experiences, today announced its integration with Visa Account Level Management (ALM) over Visa’s Card Program Enrollment (VCPE) API, offering fintech partners faster delivery of premium card programs and improved card economics.

/people

Susanne Krehl joins wealthAPI as chief growth officer

wealthAPI GmbH, a leading German provider of wealth management interfaces, is appointing Susanne Krehl as Chief Growth Officer (CGO), effective September 1st, 2025. As part of the management team alongside founders André Rabenstein and Wolfram Stacklies, Krehl will focus on the growth and European expansion of the Berlin-based WealthTech company.

/crypto

Crypto.com partners Plaid for instant asset transfers

Crypto.com today announced a new integration with Plaid to allow Crypto.com users to easily transfer their investments from other platforms to Crypto.com without needing to sell and therefore incur taxes.

/retail

Citizens delivers open finance payment features and direct deposit tools

In an exclusive interview with Finextra, Chris Powell, head of deposits and customer engagement at Citizens, reveals how open finance has powered simpler switching and streamlined mobile payments.

/startups

Banxware co-founder launches credit infrastructure platform

Berlin-based startup Credibur has secured $2.2 million in pre-seed funding to launch its credit infrastructure platform.

/payments

Stripe joins forces with payments API provider Orum

Stripe is bringing in Stephany Kirkpatrick, the founder and CEO of payments orchestration firm Orum. Financial terms were not disclosed.

/wholesale

Xero to triple high-quality bank feed connections in the US through Plaid partnership

Xero, the global small business platform, today announced a strategic partnership with Plaid, a leading financial data network, to eventually triple the number of high-quality bank feeds available to customers in the United States.

/wholesale

Chocolate Finance upgrades cash management APIs

Singapore-based fintech Chocolate Finance is taking the next step in improving the clarity of everyday cash management by integrating Snowdrop Solutions’ transaction enrichment API into its mobile app.

/wholesale

Deutsche Bank goes live with Swift Instant Cash Reporting

Deutsche Bank has gone live with Swift’s new API-driven Instant Cash Reporting (ICR) tool for accessing real-time account and balance information with a single, standardised connection.