Latest Open APIs News: Finextra Research

PSD2: Laying the regulatory foundation for a new age in payments

It will be regulation-led, but make no mistake: 13th January 2018 will see the start of a deep-rooted and long-term transformation of the European payments market. This is when PSD2, the new European Directive on Payment Services in the Internal Market, comes into force, and both financial institutions and fintech firms need to ensure now that they will be PSD2-ready, says Shahrokh Moinian, global head of cash products, cash management, Deutsche Bank

11 December 2017

News/Open APIs

Alior Bank to use Open API platform and accelerator to create fintech marketplace

Poland's Alior bank is stepping up its digital transformation strategy with the establishment of a fintech department, startup accelerator and Open API platform.

08 December 2017

Company update/Open APIs

API-first payout platform Payment Rails launches

Payment Rails, an API-first payout platform, today announced the official launch of the first truly global payout platform for sending payments to 220+ countries in 135+ currencies.

07 December 2017

Company update/Open APIs

Starling Bank partners with mobile invoice and expense platform Albert

Starling Bank, which was the first of the banking challengers to offer a mobile-only current account in the UK, has today announced its latest partnership with mobile invoice and expense platform Albert.

06 December 2017

Company update/Open APIs

Starling wins approval for marketplace app store covering full gamut of financial products

Starling Bank is the first mobile only bank to be granted approval from the Prudential Regulation Authority and the Financial Conduct Authority to offer customers direct access to a wide range of financial products, including loans, insurance, mortgages, ISAs and other investment products, all from within its app.

05 December 2017

Company update/Open APIs

Live Oak Bancshares integrates with Ensenta multi-cheque API

Ensenta, a payments technology provider, announced today that Live Oak Bancshares, Inc. (“Live Oak”) (NASDAQ: LOB) is fully integrated with Ensenta’s Multi-Check API for Business Mobile to offer seamless multi-check remote deposit capture (RDC) capabilities to its small business customers.

30 November 2017

Finextra TV/Open APIs

Supporting integration to boost the ecosystem

Jarkko Leppälahti, CEO, XMLdation, talks at NextGen Banking Nordics about the value open banking brings to corporate banking, how the industry is delivering open banking and what ecosystem is needed for this to be successful.

30 November 2017

Finextra TV/Open APIs

A shift from consumer towards business oriented services

Johan Lundberg, Founding Partner & CEO, NFT Ventures, talks at NextGen Banking Nordics about the key trends that have driven change within the fintech scene during 2017, how the fintech scene will develop during 2018 and whether fintechs and banks are doing enough to effectively collaborate.

30 November 2017

Company update/Open APIs

Ixaris create Open Payments Cloud

Ixaris Group launches the Open Payments Cloud to commercialise its work carried out as part of the EU-sponsored Open Payments Ecosystem initiative.

30 November 2017

Company update/Open APIs

FinTecSystems scores EUR4.5 million investment

FinTecSystems, specialist for digital credit assessments and banking API provider, completed its series B financing round with a transaction volume of 4.5 million euros.

30 November 2017

Company update/Open APIs

FIS opens gateway to APIs

FIS (NYSE: FIS), a global leader in financial services technology, today announced FIS Code Connect, its online gateway that allows FIS clients to access FIS application programming interfaces (APIs) for use in developing and testing innovative new solutions to better serve their customers, reduce costs and achieve their business goals.

29 November 2017

Finextra TV/Open APIs

Finding the friction and moving forward

Paul Francis Walvik Joynt, Engagement Director, NETS, talks at NextGen Banking the use cases and impacts of Instant Payments, what this means in the context of digitalisation and whether there are opportunities arising from interoperability and the wide spread adoption of Instant Payments.

29 November 2017

Finextra TV/Open APIs

Brexit demands a ‘Match Fit Economy’

Jim Wadsworth, UK Product Director, Vocalink, a Mastercard company, talks about a ‘Match Fit Economy’, what it is and what it has to do with payments, why Brexit is such an important moment from a payments perspective and what the future looks like for the UK payments market.

29 November 2017

Finextra TV/Open APIs

Data is at the core of AI improvement

Mattias Fras, Group Head of AI Strategy & Innovation, Nordea, talks at NextGen Banking Nordics about the hype around AI, what the industry is doing around this new technology and what will be the main challenges ahead.

28 November 2017

Company update/Open APIs

Salt Edge's Spectre API to be used by Societe Generale Expressbank

Société Générale Expressbank, the seventh largest financial institution in Bulgaria and part of Societe Generale group, has partnered with Salt Edge Inc. to employ Spectre API into the development of their new Digital Banking PFM Solution.

28 November 2017

Finextra TV/Open APIs

The promise of open banking

Gunnar Berger, Head of Open Banking, Nordea, talks at NextGen Banking Nordics about whether we will notice any difference in January 2018 around PSD2, what success in open banking will look like for banks, and how can they measure it, and whether customers will really benefit from open banking.

28 November 2017

News/Open APIs

BofE stress tests: Banks coud be underestimating the risks from fintech

Britain's banks may be overestimating their ability to limit the impact of fintech and open banking on future profit margins says the Bank of England.

28 November 2017

Company update/Open APIs

Cardlytics appoints UK strategy and innovation lead

Cardlytics, a purchase intelligence platform that makes marketing more relevant and measurable, has expanded its senior team with the appointment of Jed Murphy as the new UK Head of Strategy and Innovation.

28 November 2017

News/Open APIs

Commission sets deadline for banks to meet new payment standards

European banks and service providers have been given an 18-month deadline to adopt new security measures and provisions for customer data exchange as mandated by the EU's revised Payments Service Directive (PSD2).

27 November 2017

Finextra TV/Open APIs

Cloud for banks

Jonathan Charley, General Manager, FSI EMEA North, SAP, talks at Sibos 2017 about whether the banking industry has been slow to understand the benefit of migrating processing to the cloud, what the barriers and benefits of moving to cloud based solutions are and how this area of the industry will evolve in the future.

27 November 2017