Latest Open APIs News: Finextra Research

Company update/markets

SmartStream releases Eligibility API for fast access to collateral optimisation

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces a new solution, Eligibility API for Collateral Management Optimisation – a faster and more efficient way to get eligibility information contained within collateral agreements like CSA, GMRAs and OSLA’s*, for both pre- and post-trade collateral optimisation.

04 May 2022

News/payments

EBAday 2022: Anticipating the European Commission’s PSD2 review

Open Banking is set to receive its first ‘school report’ from the European Commission this year, setting out how the second Payment Services Directive (PSD2) is performing, along with consideration of progress being made toward Open Finance.

29 April 2022

News/payments

Minka raises $24M to help overhaul national payment systems for the digital economy

Colombia-based fintech Minka, a provider of last-mile APIs and shared ledgers for national payment networks, has secured $24 million in capital through a funding round led by Tiger Global and Kaszek.

29 April 2022

News/devops

Finastra announces Hack to the Future 4 winners

Finastra has named the winners of its Hack to the Future 4 annual global hackathon.

28 April 2022

Company update/Open APIs

Cross River joins forces with Sardine

Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced a partnership with Sardine, a behavior-based fraud and compliance platform for digital wallets and neobanks, to ensure Sardine’s customers have a reliable way to gain immediate access to funds through Cross River’s infrastructure platform.

25 April 2022

News/payments

UAE grants open banking licence to Tarabut Gateway

Tarabut Gateway, a Bahrain-based open banking platform, has been granted a licence to provide payment services to and from the Dubai International Finance Centre (DIFC).

22 April 2022

Company update/retail

Old Second National Bank expands Jack Henry deal

Jack Henry & Associates, Inc.® (NASDAQ: JKHY) announced today that Old Second National Bank has expanded its collaboration with Jack Henry to support the bank’s digital and growth strategy.

19 April 2022

Company update/payments

Signature Bank provides API for access to Fedwire

Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the addition of a new feature allowing its clients to initiate real-time Fedwire transactions through its blockchain-based digital payments platform, Signet, directly through its Application Programming Interface (API).

13 April 2022

Company update/markets

Xignite unveils ESG APO for digital investment platforms

Xignite, Inc., the leading provider of market data APIs to brokers and wealth managers, announced the launch of a new Environmental, Social and Governance (ESG) data API in partnership with ESG Book, a global leader in ESG data and technology.

12 April 2022

News/payments

Advent takes majority stake in MangoPay

Private equity giant Advent International is buying a majority stake in MangoPay, a European payment technology provider for marketplaces and platforms.

06 April 2022

News/startups

Stock trading API startup lemon.markets raises €15m

Lemon.markets, a Berlin-based startup that helps firms embed trading services via APIs, has raised €15 million in a seed funding round co-led by Lakestar and Lightspeed.

06 April 2022

News/payments

Codebase launches white-label BNPL product

Banking API provider outfit Codebase Technologies has launched a white-label BNPL offering for banks, fintechs, lenders, and merchants.

04 April 2022

News/devops

ADGM and Finastra join forces for ‘Hack to the Future 4’

The Abu Dhabi Global Market (ADGM) has partnered with Finastra for its globally renowned fintech hackathon, Hack to the Future 4.

01 April 2022

Company update/payments

Qolo partners with open finance provider MX

Qolo, the omnichannel payments platform for fintech, today announced a strategic partnership agreement with MX, the leader in open finance. Qolo and MX provide fast-track solutions to help businesses, particularly neobanks and fintechs, stand up a core mobile banking experience. This allows them to get to market quickly while also future-proofing their growth.

01 April 2022

News/payments

Modern Treasury raises $50m

Payments orchestration platform Modern Treasury has topped up its Series C funding round with an extra $50 million from SVB Capital and Salesforce Ventures.

31 March 2022

Company update/retail

Finicity and Fiserv ink data sharing deal

Finicity, a Mastercard company, and Fiserv, Inc., both leaders in open banking technology, are advancing the future of open finance through secure data sharing.

30 March 2022

News/startups

Australian payments startup Zepto raises A$25m for international expansion

Australian real-time account-to-account merchant payments platform Zepto has raised A$25 million in a Series A funding investment by AirTree Ventures and Decade Partners.

29 March 2022

News/payments

Banking as a service gaining unstoppable momentum

Almost 85% of senior executives surveyed are already implementing Banking as a Service (BaaS), or are planning to in the next 12-18 months, says a market assessment report published by financial software company Finastra today.

28 March 2022

News/regulation

CMA unveils recommendations for future of Open Banking

The Competition and Markets Authority (CMA) has announced a new committee – the Joint Regulatory Oversight Committee (JROC) – to oversee the continued rollout of Open Banking in the UK, among other recommendations.

25 March 2022

News/payments

Mastercard rolls out open banking payments tools

Mastercard has unveiled a pair of open banking tools designed to improve predictability and transparency in digital account-to-account payments for merchants.

23 March 2022