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...
Revolut announced Thursday (May 17) the full release of its Open API for business customers, which it started testing roughly a month ago. In a blog post, Revolut said the response from the business community has been “nothing short of amazing,” and that the community...
Its name is Hermyz. Its mission, which just won the official admiration of Visa, is to move small businesses away from checks and paper receipts by migrating invoice management online. Hermyz took the grand prize and the $10,000 that came with it at last weekend’s...
For FIs, the biggest roadblock to innovation is often making new technology work in harmony with legacy infrastructure. So what’s a FI to do? Bruce Parker, CEO of cloud-based payments utility Modo, says the answer to getting these systems on the same page may be...
New technology and solutions powered by APIs are hitting the financial services market every day, brought on by new innovations or industry regulations. But introducing tech to stay compliant with new regulations and expecting easy adoption in a competitive space is a steep hill to...
Keeping up with FinTech challengers takes more than just offering services designed for the masses. FIs must provide personalized services, says Rohit Mahna, Salesforce financial services VP and GM – or they risk being left in the digital dust. In the latest B2B API Tracker,...
Oracle Financial Services has announced the launch of its new Oracle Banking APIs, offering more than 1,500 ready, functional APIs for payments, retail and corporate banking. The APIs enable banks to build partnerships with third-party technology organizations, integrate with corporate client applications and reduce the...
Financial services players, both big and small, are embracing APIs in a major way — as they should. From solutions designed to increase the use of new technologies like the blockchain, to those aimed at giving consumers a more personalized set of products and services,...
APIs – that is, application program interfaces, or bits of code that allow two software programs to communicate with one another – are a hot topic and a hot commodity within financial services, as well as many other spaces. The API defines the correct way...