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...
While FIs — big and small — are turning to APIs to boost their offerings, corporates still find it tough to get comfortable. What's to blame? Aging infrastructure and a lack of standardization that's complicating collaboration on both sides, says Hubert J.P. Jolly, Bank of...
If some is good, more is better. That seems to be the idea among banks both big and small when it comes to APIs, as several players from around the financial services industry recently increased their investment in APIs, rolling out new solutions aimed at...
eCommerce in Latin America is now an $80 billion business — and with that comes the pain of paying suppliers cross border. APIs are helping to automate delivery and speed of payment in the Latin America market, says Kevin Fox, vice president at NovoPayment,in the latest issue of the latest B2B API Tracker. This month’s...
From China to Italy and from India to Colombia, companies around the world are investing in new B2B payments solutions. And they are doing so through open source APIs that drive efficiency, help cut down payments friction and reduce transaction times. In the February B2B...
NACHA, the Electronic Payments Association’s API Standardization Industry Group (ASIG), and Accenture announced Wednesday they are joining forces to create a community of API resources. In a press release, the groups said the initiative will include a microsite and developer portal aimed at supporting API...
For cross-border service providers, the challenge is not just getting the infrastructure up and running, but also getting payers and payees on board to adopt their technology. Doing that fast and on budget no longer requires hiring an army of programmers, but tapping into APIs...
Old and new tech are both coming into play in B2B API. The ever-changing value of bitcoin has been making headlines, and delivering and dashing investors’ dreams along the way. And recently, B2B API players have been tuned in, paying close attention to the cryptocurrency’s rising and...
APIs are more than an easy way for developers to access web services — they are the connective tissue that brings banks and FinTechs together. In the December PYMNTS B2B API Tracker™, a FI.SPAN collaboration, Tom Eck, IBM’s chief technology officer, discusses the growth of...
