Tag: API

November 30, 2023

The equity round was led by Group 11 with participation from Upper90, Vera Equity, Slow Ventures and angel investors from other fintech companies. Founded by former employees of Microsoft, Stripe, Lyft and Tipalti in 2022, CapitalOS says its software enables […]

October 27, 2023

Well, everyone is talking about a $7 trillion opportunity in embedded finance. This colossal figure is enticing enough for several banks to hop on the bandwagon without even validating if they are truly prepared to be active competitors or if […]

June 16, 2023

In 1992, I wrote a paper on the future of application development for Lloyds Bank. My paper described a vision of “end user development” to maximise flexibility and reduce cost of development. In this paper I called for the bank […]

April 5, 2023

Treasury Prime, an embedded banking software platform, launched OneKey Banking, giving customers the ability to make instantaneous cross-bank network transfers, the fintech announced last month. The instant cross-bank transfer via OneKey Banking allows fintechs and other enterprises to choose a […]

October 12, 2022

The bank says customers can now transfer data directly through an API from their accounting software package “with a few clicks”, and they also have the option to upload their data through a user interface (UI). Digital RF automatically generates […]

February 21, 2022

Open banking empowers individuals to benefit from their financial data through a simple, secure connection they permission from their banks to their favorite financial app. Fintech services powered by open banking data are gaining adoption across the banking and financial […]

January 19, 2022

While in some parts of the world banks and clients form long-term relationships which persist even over generations, there are still a lot of people out there fitting under the qualificatives of “unbanked”, “underbanked”, and “underserved”. Financial exclusion doesn’t affect […]

December 13, 2021

Therefore, incumbent and new PSPs have started offering financial services to a variety of stakeholders, including public governments, corporate and retail customers, with the aim to maximise the opportunities stemming from advanced technologies. These include, among the others, application programming […]

October 28, 2020

Banks have been at the heart of this progress and are the gatekeepers to further advancements. However, commitment from all banks towards achieving full adoption hasn’t always been forthcoming, and in order to maximise the potential of open banking, the […]

October 7, 2020

Bank of America is responding to the dual imperatives of cross-currency transactions – technology innovation and client demand for improved efficiency – with an omni-channel offering that now includes API (application programming interface) and mobile connectivity. “We are pleased to […]

October 22, 2018

Open Banking leverages an ecosystem of third-party apps and services to enhance and enrich the customer experience and can help satisfy regulation such as the revised EU Payment Services Directive (PSD2). The Open Bank Project, led by Berlin-based software company […]

October 11, 2017

“We’re opening up the Lemonade platform to the world!” says Shai Wininger, co-founder of Lemonade, a US-based insurtech firm. “For the first time, developers will be able to easily incorporate insurance into their own experience, alongside their main products,” he […]

October 6, 2017

Nacha, the backbone for the electronic movement of money and data in the US, and its Payments Innovation Alliance (PIA), have named the first five APIs for their big payments push. The API Standardization Industry Group, created in spring 2017 […]

July 12, 2017

The future of banking is being completely altered by the Payment Services Directive 2 (PSD2) which comes into play in January 2018. PSD2 opens the floodgates to financial services innovation. Instead of making banking more complex, PSD2 is forcing banks […]

February 7, 2017

Wells Fargo has signed an agreement with financial software firm Intuit to help customers import their bank account data to financial management tools such as QuickBooks Online, Mint and TurboTax Online, via their application programming interface (API). Data imported via […]