Latest Open APIs News: Finextra Research

Company update/payments

Saxo and HSBC partner for fund transfers in Singapore

Saxo, a leading Fintech specialist that connects people to investment opportunities in global capital markets, has worked with HSBC to incorporate eGIRO and FAST Direct Debit Solution to support real-time funds transfer into its trading and investing platforms.

04 November 2022

Company update/regulation

Open Finance platform Fintech Galaxy scores Central Bank of Bahrain license

Fintech Galaxy, the industry-leading financial innovation company, has become the first central bank regulated Open Finance platform in the MENA region after receiving a license from the Central Bank of Bahrain (CBB), allowing the firm to operate as a regulated Third-Party Provider (TPP) and transform the way banks, financial institutions and merchants attract new customers.

03 November 2022

Company update/retail

Zurich Insurance Group launches API marketplace

Zurich Insurance Group (Zurich) has launched Zurich eXchange, a newly created global API marketplace that brings together the best services from across the Zurich Group, enabling faster integration and more efficient collaboration throughout the company and with customers and partners.

03 November 2022

News/payments

Standard Chartered launches Payouts-as-a-Service tech

Standard Chartered has launched an API-first Payouts-as-a-Service offering that will let digital businesses manage one-to-many payments.

02 November 2022

Company update/payments

Extend launches virtual card API

Extend, a leading virtual card and spend management platform, today announced the launch of its open API, the most flexible API for making and managing card payments from existing credit card accounts.

01 November 2022

News/payments

AFP 2022: US is playing 'catch up' with faster payments - UMB Bank

Uma Wilson, EVP, chief information and product officer for UMB bank, joined Finextra for a chat during a break in the action on the exhibit floor of last week’s AFP conference in Philadelphia. She talked about how banks can best answer calls for product innovation and partnership, and provide solutions to pain points that – in some cases at least – have long plagued customers, especially those in the corporate payments and treasury management space.

31 October 2022

Research/Open APIs

UK Open Banking API Performance 2021-2022

26 October 2022 422 downloads

Research/Open APIs

The Future of Digital Banking in North America 2023

21 October 2022 1154 downloads

Company update/retail

Jack Henry and Mastercard tackle financial fragmentation

Jack Henry (Nasdaq: JKHY) announced an expansion of its existing relationship with Mastercard® that will enable credit unions and banks to provide their accountholders the ability to securely see all of their financial accounts – within and outside their primary financial institution – in one place.

20 October 2022

Company update/people

Ex-N26 man Markus Gunter joins lemon.markets

Berlin-based Fintech lemon.markets announces the extension of its leadership team with Markus Gunter and his appointment as Managing Director of their lemon.markets brokerage GmbH.

20 October 2022

Research/Open APIs

Banking as a Service: Predictions for 2023

20 October 2022 1005 downloads

Company update/retail

ForwardAI and FinTech Automation team accounting data access

ForwardAI, a fintech providing aggregated access to accounting & business data and analysis, announced today its partnership with FinTech Automation, a financial technology company that allows fintechs and traditional financial institutions (FIs) to offer various embedded finance and banking-as-a-service products.

19 October 2022

Company update/payments

Cashfree Payments launches prepaid card and wallet service

Cashfree Payments, India’s leading payments and API banking solutions company, announced the launch of Card Issuance Stack with their new solution ‘Issuance’ to enable businesses such as fintechs and platforms to launch prepaid cards and wallets for their customers, employees and partners.

19 October 2022

Company update/wholesale

Trading tech vendor CQG adds China derivatives connectivity

CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers and exchanges, announced today that it is providing additional connectivity into China's commodity exchanges via Esunny International (HK) Co., Limited (Esunny), the leading Chinese trading platform provider and a wholly owned subsidiary of the Zhengzhou Commodity Exchange.

18 October 2022

Company update/startups

Instant payments API platform Astra raises $10m

Astra, a leading provider of instant card-to-card funding as a service in the U.S., today announced a $10 million Series A funding round led by FPV Ventures, with participation from Slow Ventures and Allegis Capital, as well as a $30 million line of credit through CoVenture to support the company’s rapid expansion in the payments industry.

13 October 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

Company update/crypto

Front launches API platform to be the Plaid of crypto and DeFi

Front launches Front API on Product Hunt, offering emerging FinTechs real-time access to investment portfolios, hassle-free crypto transfers across exchanges, and a detailed view of financial data.

12 October 2022

News/startups

Payable raises $6.1m to modernise business payments

Payable, a payments operations platform for businesses, has raised $6.1 million in a funding round led by CRV and Earlybird.

12 October 2022

News/devops

Sibos 2022: Open banking in the UK - it’s high time for a review

In the lead up to Sibos 2022, Finextra spoke to Dan Globerson, head of Bank of APIs at NatWest, to explore how he is leading the bank’s regulatory commitments in the UK and Europe, driving a culture of API enablement, and collaborating across the industry by establishing standards.

11 October 2022

News/retail

75% of UK banks will invest in tech to combat costs – Lloyds

Lloyds Bank research has found that UK financial institutions are increasingly turning to technology to combat the rising costs of living.

10 October 2022