Open APIs

821 articles tagged with this keyword

/startups

Ex-Tink staffers raise €5m for payments startup

A gaggle of former Tink employees has raised €5 million in seed funding for their startup promising to help businesses automate all of their payment activities.

/retail

Saudi Arabia unveils open banking framework

Saudi Arabia's central bank has published an open banking framework, setting out legislation, regulatory guidelines and technical standards.

/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.

/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.

/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.

/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.

/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.

/retail

Fintechs form Open Finance Association

Leading fintech players including Plaid, Truelayer and Yapily have banded together to launch a not-for-profit trade association pushing open finance in the UK and EU.

/devops

KPMG preps Singapore embedded finance hub

KPMG is launching an embedded finance hub in Singapore, providing support to firms looking to make inroads into financial areas such as payments, blockchain and lending.

/payments

Aussie buy-to-earn startup Hello Clever raises A$4.5m

Hello Clever, an Australian 'buy-to-earn' startup that gives shoppers real-time cashback, has raised A$4.5 million in seed funding.

/startups

Citi invests in Latin American open finance firm Belvo

Citi Ventures is the latest big name to invest in Mexico City-based open finance API platform Belvo.

/payments

Prometeo launches Latin America's first A2A payments platform

Prometeo Open Banking has launched what it claims is the first pan-regional Account-to-Account (A2A) payments offering in Latin America.

/people

Marqeta CEO Gardner steps down

Open API card issuing and processing platform Marqeta is on the hunt for a CEO after founder Jason Gardner decided to make the move to executive chairman.

/payments

Plaid deal lets Wise customers connect accounts to 6000 apps

Wise has struck an open finance agreement with Plaid that will enable the former's 13 million of customers to connect their accounts to thousands of apps.

/payments

Payments infrastructure firm Finix raises $30m

Payments infrastructure platform Finix has raised $30 million in a funding round joined by American Express.

/cloud

Financial software provider Savana raises $45m

Savana, a financial software player that helps banks and fintechs go digital, has raised $45 million in a Series A funding round led by growth-stage investor Georgian.

/startups

Digital bank Grasshopper raises $30.4m

Grasshopper, a US digital bank serving SMEs and entrepreneurs, has raised $30.4 million.

/cloud

Microsoft and Nexi collaborate to innovate across the European payments landscape

Nexi has announced a strategic partnership with Microsoft to digitise payments solutions and secure cloud-based infrastructures across the European market.

/payments

Swift could face challenge in new era for cross-border payments - EIU

The Russian invasion of Ukraine will cause disruption to cross-border payment systems and could, in conjunction with technological advances, challenge the dominance of the Swift network, predicts a paper from the Economist Intelligence Unit (EIU).

/crypto

Plaid adds crypto strings to its bow

Plaid has announced that major crypto exchanges including Binance.US, Gemini, Robinhood, and SoFi, are now available on their network. Support for additional platforms, including Blockchain.com and BitGo is planned for later this year.