Latest Open APIs News: Finextra Research

TransferMate launches API for cross-border B2B payments

TransferMate, one of the world’s leading cross-border B2B payments providers, today at Money2020 Europe in Amsterdam launched the TransferMate API, allowing software partners and business customers access to its globally regulated payments technology through direct integration.

03 June 2019

Company update/Open APIs

PelicanPay inks deal with Starling Bank

PelicanPay (PelicanPay.com), the innovative payments and financial crime compliance platform, today announced at Money2020 Europe a partnership with Starling Banking Services to deliver complete pan-European invoice to payables automation for small businesses together with online e-commerce merchant payment services.

03 June 2019

Finextra TV/Open APIs

Making Open Banking Mainstream

Jim Wadsworth, SVP Open Banking, Mastercard, speaks about the significance of Open Banking in Financial Services , how fast we can expect open banking to become mainstream, what the challenges along the way will be and what what role traditional players will play.

03 June 2019

News/Open APIs

Mastercard invests in UK regtech Konsentus

Mastercard has led a multi-million pound pre-Series A funding round in Konsentus, a regtech startup focused on helping financial institutions be compliant with PSD2 open banking requirements.

03 June 2019

News/devops

FusionONE Hackathon: Interview with winner Scott Hiett

Finextra spoke to the 15-year-old Marling School student Scott Hiett after his victory at Finastra’s FusionONE Hackathon, beating other developers double his age with his winning product Hyber, an AI-based foreign exchange app that allows users to grow holiday money ahead of their trip.

03 June 2019

Finextra TV/Open APIs

Finastra's vision and the thought behind FusionONE

Martin Häring, CMO at Finastra, speaks to Hannah Wallace, Finextra at FusionONE about Finastra's vision to develop an open platform to empower and unlock the potential of people, business and communities, what has prevented innovation in the past for Financial Institutions and where FusionFabric.cloud fits in.

31 May 2019

Finextra TV/Open APIs

APIs and open platforms excite banking leaders at FusionONE 2019

Finextra’s Hannah Wallace reports on day one of the FusionONE open banking developer conference. We hear how Finastra’s vision for the future of banking re-engineered upon APIs and open platforms has excited banks and partners. RBS, nkbc, ING, Credit Suisse, ClearBank, Amsterdam Trade Bank are among some of the many leading financial institutions to share their first impressions exclusively with Finextra Research.

31 May 2019

Company update/Open APIs

Reflow launches Mobile bank payments leveraging Open Banking

Reflow goes live with FlowPay, payment service providing an alternative to cards-based payments on the latest version of Open Banking.

30 May 2019

News/Open APIs

London fintech Yapily latest to benefit from Open Banking goldrush

The drive towards Open banking in Europe is creating an attractive environment for fintech fund raising, with London-based Yapily the latest to benefit, securing a £4.3 million seed round from King’s Cross-based venture capital firm Localglobe and HZ Holtzbrinck Ventures.

30 May 2019

News/Open APIs

US data sharing venture Plaid launches in the UK

Plaid, a US startup that links consumer bank accounts with fintech apps, has launched in the UK.

29 May 2019

News/Open APIs

Trepidation about Open Banking rules persist among incumbents

Two fifths (39%) of European financial institutions view the arrival of Open Banking regulation as the biggest current threat to their business model and 56% fear that consumer loyalty towards banks will be significantly reduced as they are forced to provide third parties with access to customer data.

29 May 2019

Company update/Open APIs

Swedish fintech startup Open Payments raises EUR1.2 million seed funding

Swedish fintech startup Open Payments is first in the Nordic region to offer a genuine PSD2 aggregated platform that on behalf of third-party providers, and with the end customer's consent, initiates account-to-account payments and retrieves account information and transaction history, all via one single API.

28 May 2019

News/Open APIs

Kyriba brings real-time payments to treasurers through JPMorgan API

Cloud-based treasury management outfit Kyriba is tapping JPMorgan's API to enable shared clients to send real-time payments in the US.

24 May 2019

Company update/devops

Evalue and 4xxi invite applicants for fintech startup competition

One lucky fintech start-up will win 12 months of unlimited access to EValue’s financial planning API stack and a custom-built user interface from 4xxi, with a combined value of £15,000, to get their financial services business dreams off the ground. Two runners-up will also win access and support.

24 May 2019

Company update/Open APIs

Almost two-thirds of consumers can’t name one organisation they trust to handle their data

‘Upfront and Personal: Leveraging data to deliver a genuinely personalized omnichannel experience?’ is a research report published by The Institute of Customer Service and co-sponsored first direct.

23 May 2019

Company update/devops

Plaid releases fast integration toolkit

Today, we’re excited to deliver broader access to the financial system through Plaid Direct, our lightweight integration specification that allows banks and fintech applications to quickly and easily become a data source in the Plaid network.

23 May 2019

News/Open APIs

Is Open Banking being hobbled by outages?

The UK's Open Banking revolution is being hampered by outages that banks are taking weeks to fix, according to figures from SME lender Growth Street - an analysis that has been categorically refuted by the Open Banking standards setter.

23 May 2019

Company update/Open APIs

PensionBee and Starling deepen integration

Starling customers can now seamlessly combine all their old pensions into a new PensionBee plan, offering a pension consolidation product in just a few clicks.

22 May 2019

News/Open APIs

Card issuing firm Marqeta raises $260m

Marqeta has raised $260 million in a Series E funding round led by Coatue Management, valuing the open API card issuing and processing platform at nearly $2 billion.

22 May 2019

Company update/Open APIs

Fenergo tackles client lifecycle management with suite of APIs

Fenergo, a leading provider of digital Client Lifecycle Management (CLM) solutions for financial institutions, today announces the launch of Digital Client Orchestration, a suite of CLM tools that integrates front, middle and back office systems using an API-led approach.

22 May 2019