Latest Open APIs News: Finextra Research

Nacha sets sights on standardised APIs

US electronics payments association Nacha is hoping to nudge along the industry's adoption of APIs by setting up a standardisation working group.

07 July 2017

News/Open APIs

Open Banking releases payments initiation API for UK bank data sharing

Open Banking, the UK bank-funded entity mandated by the Competition and Markets Authority to provide new ways for customers to share their financial data with non-bank providers, has released an API specification for accounts and transaction information and payments initiation.

05 July 2017

Company update/Open APIs

Latvia's Norvik Banka partners Salt Edge to tackle PSD2 compliance

Latvian based Norvik Banka has partnered with Salt Edge Inc. and it’s Priora Platform to become one of the first banks in the Baltics to tackle the PSD2 compliance process.

04 July 2017

News/Open APIs

SAP Financial Services Forum, London - Day 1 live blog

Welcome to Finextra's live coverage of the SAP Financial Services Forum in London. The theme for this event is 'winning in the digital moment'. The two-day agenda will examine how technologies such as AI, machine learning, analytics, blockchain, open APIs and the cloud can be best leveraged to deliver truly digitised financial services.

04 July 2017

News/Open APIs

European savings and co-operative banks join screen-scraping row

Trade groups representing over 5000 European savings and co-operative banks have called on the European Banking Authority to reject Commission amendments to the revised Payment Services Directive which would require banks to provide a fall-back interface to screen-scraping technology for third party access to consumer bank data.

26 June 2017

Company update/Open APIs

CA rolls out suite of products for PSD2

CA Technologies (NASDAQ:CA) today announced Payment Services Directive 2 (PSD2) Solution by CA to help banks, payment service providers (PSPs) and third-party providers (TPPs) to modernize their application architectures, accelerate open banking and streamline digital payments innovation to address PSD2 requirements.

23 June 2017

Company update/Open APIs

Faster Payments launches Trust Service to lower secure access costs

Faster Payments, the UK’s 24/7 real-time payment service, has launched a new Trust Service that will potentially cut the cost for challenger banks and others of obtaining the services that are essential to securely access the UK’s payments systems.

21 June 2017

Company update/Open APIs

CA Technologies releases PSD2 solution to accelerate open banking

CA Technologies today announced Payment Services Directive 2 (PSD2) Solution by CA to help banks, payment service providers (PSPs) and third-party providers (TPPs) to modernise their application architectures, accelerate open banking and streamline digital payments innovation to address PSD2 requirements.

21 June 2017

News/Open APIs

Bank API platform TrueLayer secures $3m series A funding

UK startup TrueLayer, a fintech developer platform that provides access to bank APIs, has secured $3 million in series A funding to pursue opportunities created by PSD2.

21 June 2017

News/Open APIs

Swift offers €200,000 for two fintechs to leverage gpi platform

Swift has launched an Industry Challenge to find two winning fintechs who will be granted €100,000 to further develop new overlay services that leverage its Swift global payments innovation (gpi) platform.

21 June 2017

Company update/Open APIs

Rabobank selects Finastra payment services hub for cross-border payments

Finastra today announced that Rabobank has selected the global payment services hub from Finastra (previously D+H) to centralize cross-border payments.

21 June 2017

News/Open APIs

Open banking rules to trigger new wave of challengers

Tech companies, retailers and price comparison websites could become major banking brands says Deloitte on the release of research which reveals that a significant number of consumers who already use mobile banking would be willing to share data with traditional retailers.

19 June 2017

Company update/Open APIs

WeSwap API connects currency swap service to third party site

Disruptive peer-to-peer travel money exchange WeSwap today announces a host of new developments for the business and its travel partners.

19 June 2017

Company update/Open APIs

Finastra and IBM collaborate on blockchain and open APIs

Finastra and IBM (NYSE: IBM) have reached an agreement to explore how the two companies can help customers transform their banking operations with IBM Cloud and Cognitive technologies.

15 June 2017

Company update/Open APIs

Q2 releases API portfolio

Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of secure, cloud-based digital banking solutions for community-focused financial institutions (FIs), announced today the launch of Q2 Open, a new portfolio of open API financial services.

14 June 2017

News/Open APIs

Berlin Group to publish single API standard for PSD2

The Berlin Group, a European coalition of banks and payment processors, is pushing a single standard for API access to bank accounts to comply with new regulations on freeing up customer data under PSD2.

13 June 2017

Company update/Open APIs

Pelican releases plug-and-play API for PSD2

Pelican, a global provider of payments and compliance systems for banks and corporates, today launched its ‘plug-and-play’ Open Banking API solution which adds highly configurable Application Programming Interface (API) management and monetisation capabilities to its award-winning Pelican Platform.

13 June 2017

Finextra TV/Open APIs

Homegrown API channels make little sense

Niall Buckley, Head of Digital Ecosystems, AIB, talks about the technology and business challenges for banks of implementing open APIs, industries can look to for insights in how to address these, and the likely adoption pattern of open banking over the coming years.

08 June 2017

News/Open APIs

Mizuho prepares for API banking

Japan's Mizuho is implementing API interfaces to third party personal financial management apps through a collaboration with IBM.

08 June 2017

Company update/Open APIs

TCS debuts BaNCS app development kit

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organization, announced the launch of BaNCS App Development Kit (ADK) that enables Banks to design and build their own Apps faster and seamlessly deploy across devices and desktops.

08 June 2017