Post Tagged with: "APIs"

PSD2 Could End Up Being a Boon to — Yikes! — Banks

PSD2 Could End Up Being a Boon to — Yikes! — Banks

by November 8, 2016 at 4:19 pm 0 comments

TEL AVIV — A much-maligned European Union banking regulation may have some unexpected, positive consequences. The Second Payment Services Directive, known as PSD2, will require EU banks to open the EU payment market to companies offering consumer or business-oriented payment services based on the access to information about the paymentRead More

Payments Platform NanoPay Raises $10M, Led by Goldman Sachs

Payments Platform NanoPay Raises $10M, Led by Goldman Sachs

by October 27, 2016 at 11:54 am 1 comment

Toronto-based payments platform nanoPay announced yesterday that it has raised $10 million in a Series A round in order to expand its business and offerings, most notably its open API platform, MintChip. MintChip was developed by the Royal Canadian Mint in 2012 and shuttered in 2014. In January 2016, the project wasRead More

More Banks Working on APIs in 2016, But Bureaucracy Remains a Problem

More Banks Working on APIs in 2016, But Bureaucracy Remains a Problem

by October 12, 2016 at 9:21 am 1 comment

APIs (application programming interfaces) are fast becoming integral to the banking world, but corporate culture has not yet caught up with the technology, according to data from a survey conducted by the Open Bank Project together with Bank Innovation. In 2015, 62% of survey respondents indicated corporate culture and bureaucracyRead More

New Visa Developer Videos Show Eagerness To Open APIs to Startups

New Visa Developer Videos Show Eagerness To Open APIs to Startups

by October 10, 2016 at 12:30 pm 1 comment

A new series of videos highlights Visa’s eagerness to open its API platform to FIs and startups. Visa has been releasing videos for the API platform, known as Visa Developer, for several months, but the newest videos feature testimonials from institutions and startups. The platform, which launched in February, is designed to openRead More

Bank Innovation, Open Bank Project Renew API Research Initiative

Bank Innovation, Open Bank Project Renew API Research Initiative

by April 6, 2016 at 11:00 am 2 comments

Once again, 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 queryRead More

BBVA Launches Alpha Version of API Marketplace

BBVA Launches Alpha Version of API Marketplace

by March 21, 2016 at 3:58 pm 4 comments

Banks need APIs and app ecosystems, right? That’s what services such as Yodlee and Open Bank Project have been arguing for years, but precious few banks have traveled that road. One that has is Silicon Valley Bank, which bought the banking API startup Standard Treasury last year. BBVA became anotherRead More

Silicon Valley Bank’s Dan Kimerling to Talk APIs at Bank Innovation

by January 28, 2016 at 10:45 am 0 comments

Dan Kimerling, head of research & development at Silicon Valley Bank, has joined the speaker faculty at Bank Innovation 2016. Kimerling co-founded Standard Treasury with Zac Townsend in 2013. Standard Treasury developed software to build an API-driven bank and was a leader in the space of fintech startups building software specifically for banks. Silicon Valley Bank acquired Standard Treasury in the summer of 2015.

8 Key ‘Stack Overflows’ to Spark Fintech Ideas

8 Key ‘Stack Overflows’ to Spark Fintech Ideas

by December 29, 2015 at 8:39 am 0 comments

You have questions. No, not college-y questions; real questions about how things work or how to program a fintech application. We’ve combed through a whole mess of questions on Stack Overflow, the developers’ forum, to narrow it down to eight valuable discussions that pinpoint crucial technical fintech information. These discussions touch onRead More

Brother, Can You ‘Share’ a Ride?

Brother, Can You ‘Share’ a Ride?

by November 2, 2015 at 4:18 pm 0 comments

In case you didn’t notice, the auto industry in the U.S. is metamorphosing. While it is hard to argue that the car dealer will go the way of the travel agent, it is equally fair to say that a healthy portion of the auto industry will become enmeshed in theRead More

MasterCard’s Embrace of APIs Leads It to Smaller Clients

MasterCard’s Embrace of APIs Leads It to Smaller Clients

by July 23, 2015 at 11:55 am 3 comments

MasterCard Inc. has confirmed what many suspected: that is application programming interface, or API, offerings are leading to a larger population of smaller clients at the payments network. At a NYPAY Meetup last night in New York, Brien Buckman, who heads MasterCard’s API skunk works at the payment company’s swank Tech HubRead More