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No one likes standing in lines, whether inside a brick-and-mortar store or in the virtual waiting room of a slow-moving or complicated online checkout process. Making it easy for consumers to hand over their payments — and earning their loyalty by doing so — is...
With growing competition in the financial services sector, financial institutions (FIs) from Hong Kong to the U.K. are offering open APIs to developers to stay ahead of the curve. The August edition of the B2B API Tracker explores how banks and other financial players are...
The sea change that is afoot in financial services is drawing a bead on APIs, as a new Citi report notes. Patents filings are grabbing headlines in the US, while open banking has traction in Europe, with a few firms targeting services for micro businesses....
In the financial services space, it’s disrupt or be disrupted. For FIs, this means owning the disruption by developing and deploying their own API solutions in-house instead of turning to outside consultants. In the July B2B API Tracker, Rene Schuurman, global market manager of Citi’s...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Legacy banks have a problem. FIs are embracing APIs to offer customers new features – but aren't necessarily meeting customer expectations. Fredrik Hedberg, CTO and co-founder of Tink, says FIs can offer better products by drawing smarter insights from their customers’ data. In the latest...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
After launching its CitiConnect application programming interfaces (APIs) last year, Citi‘s Treasury and Trade Solutions (TTS) continues to expand the platform. Since its rollout, Citi has processed more than 18 million API calls for account balance inquiries, payment initiation and payment status, the company said...
