Latest Open APIs News: Finextra Research

Carney positive on Facebook's Libra; says BofE could open up balance sheet to new players

Facebook's new digital currency, Libra, could "substantially improve financial inclusion and dramatically lower the costs of domestic and cross border payments," Bank of England governor Mark Carney has said in a speech during which he also revealed the central bank could open up access to its balance sheet to new payment providers.

21 June 2019

News/Open APIs

Churchill insurance added to Starling Marketplace

Starling customers can now apply directly from within the challenger bank's app for home insurance from Churchill Insurance.

20 June 2019

Company update/devops

Tatum unveils blockchain API platform

London based Blockchain company, Tatum Limited (“Tatum”), has launched a revolutionary and unique Blockchain API Platform.

20 June 2019

Company update/Open APIs

ABN Amro unit Moneyou turns to Konsentus for TPP identity checks

Konsentus today announced that the innovative online bank Moneyou, a subsidiary of ABN AMRO, with over 500,000 customers in the Netherlands, Germany, Belgium and Austria, has selected Konsentus to support the roll-out of their PSD2 open banking offerings.

20 June 2019

News/Open APIs

Live: EBAday 2019, day two

Payments professionals from across Europe are gathering in Stockholm this week for EBAday 2019, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

19 June 2019

News/Open APIs

EBAday 2019: What’s more likely, JPMorganEats or UberPay?

Are Instant Payments and Open Banking a match made in heaven? The resounding answer was yes at an EBAday 2019 session on the current status of real-time payments and open banking initiatives in Europe.

18 June 2019

Company update/Open APIs

Token secures $16.5m funding for open banking

Token, the turnkey open banking platform, today announced a $16.5m strategic investment from a pool of investors, including Opera Tech Ventures, the venture arm of BNP Paribas - one of the world’s largest banks and two other visionary banks headquartered in the Middle East and Southeast Asia.

18 June 2019

News/Open APIs

Lloyds app now lets customers see savings and credit card accounts from other banks

Lloyds Banking Group has stepped up its Open Banking game, enabling customers to see within it app their savings and credit card accounts from other providers.

17 June 2019

News/Open APIs

SIA and Colt win ECB tender for ESMIG connectivity

The European Central Bank (ECB) has awarded a tender to Italian payment processor SIA and telco Colt for the provision of connectivity services to the Eurosystem market infrastructures.

17 June 2019

Company update/Open APIs

Form3 and Ebury awarded grant for building API-based payments platform

The Board of Banking Competition Remedies Ltd (BCR) has announced today that Form3 in partnership with Ebury Partners are awarded £5m funds of the Capability and Innovation Fund Pool D grant.

17 June 2019

News/ai

Jointly developed AI systems can tackle common security issues - report

As movers and shakers from the European payments industry descend on Stockholm for EBAday, a new report from the Euro Banking Association (EBA) suggests that jointly developed AI systems hold great potential for tackling common security issues.

17 June 2019

Finextra TV/Open APIs

From spaghetti to lasagne: How to transform a bank's tech platform

Eli Rosner, Chief Product & Technology Officer, Finastra, speaks at Money 20/20 Europe about their partnership with Microsoft, FusionONE & FusionFabric.cloud and how financial institutions can innovate their legacy systems.

13 June 2019

News/Open APIs

BNY Mellon's Pershing in digital transformation drive

BNY Mellon's Pershing unit has unveiled a host of initiatives designed to help clients streamline and digitise their wealth management efforts.

13 June 2019

Company update/Open APIs

JP Morgan extends AccessFintech partnership to trade processing for buy-side

AccessFintech which delivers collaboration, transparency and control to the financial services industry, announces today that it has extended its partnership with J.P. Morgan to go live with a trade processing solution to provide real-time transparency and workflow to the firm’s buyside clients.

12 June 2019

Company update/Open APIs

FreeAgent completes Open Banking links to CMA9 banks

FreeAgent, the innovative cloud accounting provider, has secured an industry first by successfully connecting its software to the UK’s biggest banks through the new Open Banking framework.

12 June 2019

Company update/Open APIs

Profile Software upgrades FMS.next platform for compatibility with Open Banking and PSD2

Profile Software, an international financial solutions provider, announced today the latest release of its FMS.next Universal Banking platform that provides full coverage to the needs of modern financial institutions to meet the PSD2 and Open Banking requirements with the availability of an industry standard API layer.

11 June 2019

Company update/Open APIs

EquensWorldline enables 25 banks to achieve PSD2 compliance

As many as 25 banks in seven European countries have reached the first milestone for PSD2 compliance on time, via the PSD2 compliance solution and services from equensWorldline SE, European leader in the payments and transactional services industry and a subsidiary of Worldline [Euronext: WLN].

11 June 2019

Finextra TV/Open APIs

Breaking the paradigm: Social benefits from banking

Tom Hewson, Senior Partner, RedCompass, speaks about how banks are tackling low ROE and trying to cut costs while complying to regulation, what opportunities will come from these challenges, what tools are available for FIs who are getting lost in the fog of data and what this means for areas of banking that are less regulated.

10 June 2019

Finextra TV/Open APIs

Winning partnerships and building a neo bank

Ricky Lee, Founder and CEO of sync & Noel Smith, Business Development Director for Transact Payments Ltd. speak at Money 20/20 Europe about the launch of sync, how it differs from other challenger banks, how they are leading the way with Open Banking and how they are penetrating the competitive market with the help of Transact Payments Ltd.

10 June 2019

Finextra TV/Open APIs

EQ Bank: Thoughts behind the launch

Dan Dickinson, Chief Information Officer, EQ Bank, speaks at The Temenos Community Forum about the thought behind the launch of EQ Bank, the challenges and successes along the way, the importance of technology and some of the features they implemented as part of the launch.

10 June 2019