Articles with tag: api

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Berlin Group starts new openFinance API Framework

27 Oct 2020 | Payments General

The Berlin Group has announced that they will start to work on a full openFinance API (Application Programming Interface) Framework. 

Berlin Group, openFinance API Framework, standardisation, regulation, API, financial data

Digital Trust & Safety – how to empower customers and merchants to fight fraud

27 Oct 2020 | Digital Identity, Security & Online Fraud

Ahead of the holiday shopping season, Kevin Lee, Trust & Safety Architect at Sift, shares what are the main types of attacks during these festive periods and how to best prepare against them

Sift, digital trust, digital safety, ATO, online fraud, ecommerce, COVID-19, pandemic, cybercriminals, BOPIS, ID, API, Adyen, Braintree, Paypal, Stripe

BisB announces strategic partnership with CBB Digital Lab FinHub 973

27 Oct 2020 | Online & Mobile Banking

The Bahrain Islamic Bank (BisB) has announced its strategic partnership with FinHub 973: CBB (Central Bank of Bahrain) Digital Lab, the kingdom’s latest open application programming interface (API) innovation platform. 

Bahrain Islamic Bank, FinHub 973, API, fintech, innovation

The Kyriba Working Capital solution integrated into the MVC value chain platform

26 Oct 2020 | E-invoicing, SCF & E-procurement

MVC, provider of supply chain track-and-trace platforms for pharmaceuticals, has announced that its parent company, AVC Global, a US corporation, has signed a strategic technology partnership with Kyriba Corporation.

Kyriba Corporation, MVC, partnership, supply chain finance, working capital

British payment operator PayPoint sells Romanian operations

22 Oct 2020 | Online Payments

The UK-based cash and online payment operator PayPoint has announced it will sell its Romanian subsidiaries PayPoint Services and PayZone to the investment fund Innova Capital.

PayPoint, PayPoint Services, PayZone, PayPoint Romania, acquisition, Innova Capital, online payments, online payment operator, United Kingdom, UK

Bill Kill, Neonomics to offer finance capabilities for the younger generation

22 Oct 2020 | Online & Mobile Banking

Bill Kill, a payment apps provider, has teamed up with Neonomics, a Norwegian fintech company, to launch account payment AISP and PISP to users via their app.

BankID, Neonomics, Norway, open banking, bank accounts, APIs, AISP, PISP, mobile app

PFMs that still rely on screen scraping should embrace Open Banking APIs

22 Oct 2020 | Online & Mobile Banking

Yolt Technology Services (YTS) has conducted a survey  across the UK and the Netherlands to better understand the perception of different industries towards open banking.

UK, Netherlands, open banking, screen scraping, personal finance, PSD2, SCA, Strong Customer Authentication, finance management, report, standardisation, compliance, security, data privacy, money management, COVID-19, survey, Yolt Technology Services, consent

Trilo launches Open Banking solution for merchants and consumers

22 Oct 2020 | Online & Mobile Banking

UK-based payments startup Trilo has announced the launch of its Alpha service version in the UK, offering an open banking solution that will serve merchants and everyday consumers.

Trilo, payments, startup, UK, open banking, bank-to-bank payment, cashback, SaaS. Merchants, product launch, fintech, API

ShopUp raises USD 22.5 mln to digitize mom-and-pop shops in Bangladesh

20 Oct 2020 | Ecommerce

Bangladesh-based company ShopUp has raised USD 22.5 million in a Series A financing round co-led by Sequoia Capital India and Flourish Ventures.

Bangladesh, ShopUp, Series A, financing round, Sequoia Capital India, Flourish Ventures, commerce, digital payments

Accelerated Payments obtains GBP 20 mln financing

19 Oct 2020 | E-invoicing, SCF & E-procurement

SME funding provider Accelerated Payments has secured a GBP 20 million senior debt line from asset manager Channel Capital Advisors to expand AP’s receivables financing capability. 

Accelerated Payments, financing, SME, receivables, senior debt line, asset manager, Channel Capital Advisors, invoice financing, Europe, Ireland, UK, covid-19, FCA

First City Monument Bank joins Open Banking Nigeria

19 Oct 2020 | Online & Mobile Banking

First City Monument Bank (FCMB), one of Nigeria’s financial institutions, has announced that it is now a member of Open Banking Nigeria.

First City Monument Bank, Open Banking Nigeria, API, standardisation

BUX, Yapily enable rapid investments to users in Germany

19 Oct 2020 | Online & Mobile Banking

Enterprise connectivity platform Yapily has partnered with mobile broker BUX to enable German users of BUX Zero to quickly fund their accounts and build an investment portfolio.

BUX, Yapily, investments, Germany, enterprise connectivity, platform, mobile broker, BUX Zero, open banking, mobile banking, app, bank transfers, open finance

Trading 212 to use TrueLayer's Open Banking platform

16 Oct 2020 | Online & Mobile Banking

Fintech TrueLayer has announced that UK-based investment platform Trading 212 has implemented its platform to deliver an improved investment experience.

Trading 212, TrueLayer, UK, open banking, platform, fintech, investment platform, financial markets, commission-free investing, apps, API, data, bank, Payments Initiation

moneycorp Americas, Shortlist to facilitate gig economy payments

16 Oct 2020 | Payments General

moneycorp Americas, a provider of global payments and risk management solutions, has teamed up with Shortlist to support cross-border payments for companies with an external workforce.

moneycorp Americas, gig workers, payments, cross-border payments, Shortlist, API technology, freelancers

Square announces Terminal API for new contactless solutions

16 Oct 2020 | Online Payments

Square has announced the availability of its newest developer tool, Terminal API, that enables developers to build contactless solutions that limit P2P contact by connecting Square Terminal to any POS.

Square, Terminal API, contactless payments, card payments, payment methods, in-store payments

Ekata introduces Account Opening API

15 Oct 2020 | Digital Identity, Security & Online Fraud

Ekata has introduced the Account Opening API, designed to take action on high-risk accounts to mitigate losses from synthetic identity fraud.

Ekata, account opening, API, fraud prevention, customer onboarding

Galileo, Save team up to process USD 7 bln in funds and transactions

15 Oct 2020 | Payments General

US-based fintech Save and payments processing platform Galileo have partnered to use Galileo's API-based platform to process transactions and funding of Save customers.

Galileo, Save, funds, transactions, processing, API, platform, payments, funding, fintech, Chime, Greenlight, MoneyLion, Monzo, Revolut, SoFi, TransferWise, Save Market Savings Account, Save Debit Invest, card, banks, FDIC

Post-PSD2: one year on, where are open banking payments now?

15 Oct 2020 | Online & Mobile Banking

Ciaran O’Malley, Head of Commercial Strategy at Trustly, gives an important overlook on how PSD2 improved the payments industry and how Open Banking payments will continue to play out 

Trustly, Europe, PSD2, open banking, open banking epayments, OBeP, PISP, bank account, EMEA, banks, APIs, SCA, EBA, cards, payments

Prime Trust integrates Bittrex into its system

14 Oct 2020 | Cryptocurrencies

US-based Open Banking solutions provider Prime Trust has integrated Bittrex, a blockchain technology and cryptocurrency exchange, into its system.

Prime Trust, Bittrex, open banking, blockchain, cryptocurrency, fiat, API

Neonomics, Bankify to boost banking experience with Open Banking API

14 Oct 2020 | Online & Mobile Banking

Bankify, a Nordic-based fintech, has teamed up with Neonomics to offer their clients the opportunity to boost their financial applications with the help of Open Banking.

Neonomics, Bankify, finance, banking, fintech, Open Banking, API, Nordics, account-to-account payments, account data