Latest Open APIs News: Finextra Research

BankiFi enters Open Api market with Nordea as first partner

Today BankiFi enters the market with its consent driven multi-bank aggregator platform that forms the foundation for a range of value add business banking solutions.

24 January 2018

Company update/Open APIs

BofA Merrill Lynch boosts virtual card capabilities

Bank of America Merrill Lynch (BofA Merrill) has launched an enhanced virtual card capability that uses application programming interface (API) to enable commercial purchasing clients to connect directly to the bank’s virtual card system.

22 January 2018

News/Open APIs

Emma activates Monzo API integration

Money management app Emma has become the first startup to get onboard with Monzo's recently launched interim API for customer account data sharing.

22 January 2018

News/Open APIs

Sbanken opens developer portal and invites customers to build their own digital bank

Norway's Sbanken has opened a developer portal through which customers can use a host of open APIs to build their own digital banking platforms, with the best efforts winning cash prizes.

19 January 2018

Company update/Open APIs

Piraeus Bank goes live with new Open Banking platform

Piraeus Bank, the largest bank in Greece, announces the commercial live launch of their new open banking platform called “rAPId LINK”.

18 January 2018

Company update/Open APIs

Flux gains FCA authorisation

Flux are thrilled to be part of history as the first authorised Account Information Service Provider (“AISP”) in the UK under new Open Banking (aka PSD2) regulations that went live on January 13th, 2018 under firm reference no. 791567.

18 January 2018

News/Open APIs

Contego gets the nod for Open Banking ID checking

The UK's Open Banking Implementation Entity has selected Contego to run ID checks and verify the bona fides of users accessing personal account data for third party development work.

18 January 2018

Company update/Open APIs

TechStart NI and Danske Bank join forces to launch £60K Open Banking Challenge

Entrepreneurs in Northern Ireland are being offered the opportunity to pitch for £60,000 of funding as part of a new competition launched today by Techstart NI and Danske Bank.

17 January 2018

News/Open APIs

Erste Group brings PSD2-ready digital platform to Slovakia

Having racked up nearly two million users in Austria and the Czech Republic, Erste Group is rolling out its PSD2-ready digital banking platform, George, in Slovakia.

15 January 2018

Company update/Open APIs

Banking app Emma gets FCA approval in time for Open Banking

London-based Emma Technologies LTD has been approved and registered with the Financial Conduct Authority under the Payment Services Regulations 2017 for the provision of payment services.

15 January 2018

News/Open APIs

Europe begins Open Banking era in subdued style

The EU's second Payment Services Directive (PSD2) took effect on Saturday 13 January, bringing with it the start of Open Banking, however the prospect of a sudden revolution is likely to be thwarted by unresolved technical and regulatory issues and a lukewarm reception from consumers.

15 January 2018

Company update/Open APIs

Danske Bank and TechStart NI launch open banking challenge

Entrepreneurs in Northern Ireland are being offered the opportunity to pitch for £60,000 of funding as part of a new competition launched today by Techstart NI and Danske Bank.

12 January 2018

Company update/Open APIs

RegTek.Solutions launches data quality assurance tool for SFTR

RegTek.Solutions, today announced the launch of Validate.Trade for SFTR, the only independent data quality assurance solution for ESMA’s Securities Financing Transaction Regulation (SFTR).

10 January 2018

News/Open APIs

Swift Institute challenges University teams to tackle data privacy under Open API

The academic research arm of interbank payments network Swift is calling on Australian-based students to devise new ways and means of protecting personal information in an open banking environment.

08 January 2018

News/Open APIs

Finextra's 2017 in review

As Finextra pulls the shutters down on 2017, we take a look back at our most popular news stories, videos, and community engagement activities over the course of the past year. The site will re-open for business on 2 January 2018.

22 December 2017

Company update/Open APIs

ForgeRock selected to provide reference bank application for compliance with Open Banking

ForgeRock, the leading platform provider of digital identity management solutions, today announced that it has been selected by the Open Banking Implementation Entity to provide a Reference Bank Application, which will be used by leading banks and third parties to build their own applications in accordance with Open Banking standards.

21 December 2017

News/Open APIs

Barclays begins preparations for Open Banking

With just a month to go until the arrival of Open Banking in the UK, Barclays has moved to take advantage with the publication of a primer for consumers on what the new rules mean.

20 December 2017

News/Open APIs

Retailers eye the potential of Open Banking

Large retailers are eyeing up the potential benefits of the forthcoming introduction of revised payment rules in Europe, with a sizeable proportion planning to tap directly into consumer account data to drive down transaction fees, tailor products, and create innovative loyalty programmes, according to research from Accenture.

18 December 2017

News/Open APIs

Open Up Challenge prize winners share the spoils

UK innovation agency Nesta has doled out £1 million to ten firms who participated in a contest to inspire the creation of new products and services using Open Banking APIs.

13 December 2017

Finextra TV/Open APIs

Enabling liquidity and virtual account management

Ilkka Korkiakoski, VP, Head of Tieto Transaction Banking, and Petri Syvänne, Head of Tieto Global Payment and CM Sales and Business Dev, talk at NextGen Banking Nordics about corporate banking and liquidity management in the context of PSD2, the nature of virtual account management and how the transaction banking business is likely to develop in the next two years.

11 December 2017