Post Tagged with: "API Banking"

3 Startups to Watch: Onethly, Mogo, and Alloy

3 Startups to Watch: Onethly, Mogo, and Alloy

by August 13, 2015 at 12:24 pm 0 comments

There’s a new startup looking to solve a problem in financial services every day — and each week we’re picking three of them for a closer look. Of the three startups we’re profiling this week, two aim to solve consumer pain points — bill payment and credit card debt — whileRead More

The Rise of the Fintech Intermediary Ecosystem

The Rise of the Fintech Intermediary Ecosystem

by July 7, 2015 at 4:02 pm 1 comment

Here’s a quiz for you: Which commands a greater price today: A) a financial product; or B) the distribution of that financial product? If you answer B, then you were right — or you work at Xignite. Xignite, which is raising a new round of funding, has made its business beingRead More

Bank Innovation, Open Bank Project Form API Research Partnership

Bank Innovation, Open Bank Project Form API Research Partnership

by March 16, 2015 at 11:16 am 5 comments

Bank Innovation has teamed with the Open Bank Project to conduct a research initiative surrounding the use of APIs in banking. Specifically, Bank Innovation and the Open Bank Project will undertake a research survey to better understand how banks worldwide are prioritizing API initiatives and why. We intend for the query to uncoverRead More

VIDEO: Why Banks Need App Stores

by May 19, 2014 at 11:07 am 0 comments

Why would a bank need an app store? For one thing, customers will demand it, said Simon Redfern, who heads up the Berlin-based Open Bank Project. The ecosystem of services built around core offerings has certainly helped companies such as Amazon and Apple. Currently in discussion with a major centralRead More

Era of Mass Customization in Banking

by April 17, 2014 at 11:07 am 0 comments

Banks have a nearly one-size-fits-all product model which leaves value on the table. For instance, when a bank releases a new online or mobile banking system, it will often be an identical system, with the exact same interface, for all clients of a particular segment. But oil companies like ChevronRead More

New APIs Promise Rich, Contextual Data

New APIs Promise Rich, Contextual Data

by April 4, 2014 at 2:53 pm 0 comments

We offer this new dictum: Context is king when it comes to transaction data — and one new startup is staking its future on that. Today, it is becoming standard in banking for APIs (application programming interfaces) to provide rich contextual data in order to deliver value to developers andRead More