The emergence of APIs is doing more than just changing the way banks and FinTechs operate. It’s forcing them to create new marketplaces and ecosystems where innovations are traded and, in the process, upending the traditional rules of the financial services market. With the market...
It seems time to bring B2B collaboration into the fast lane, with help from the blockchain, says Hyperledger’s Executive Director Brian Behlendorf. In the latest PYMNTS.com B2B API Tracker™, a FI.SPAN collaboration, Behlendorf explains how and why companies from car dealers to financial institutions use...
Today, companies large and small are investing resources into using blockchain and distributed ledger technologies, in what some may later view as the golden age of blockchain development. Interestingly, many of these investments are made with the aim of moving B2B operations for companies, from...
Finding a recently purchased item available for a cheaper price can bring on a sudden case of post-purchase depression. But customers increasingly have options to reclaim savings in the post-purchase market. In the October B2B API Tracker™, a FI.SPAN collaboration, PYMNTS speaks with Earny co-founder...
Based on the activity of the past few weeks, it seems API-based solutions are becoming more at home on mobile devices as various companies launched several app-based solutions to expedite cash flows in different global markets. These developments could offer help to consumers, executives, entrepreneurs...
Existential threat or opportunity? Open banking need not be the great disintermediator of traditional banking, at least for Canada. In the latest Topic TBD, Debbie Gamble, vice president of Digital Products and Platforms at Canada’s domestic debit network, Interac, tells Karen Webster that collaboration and...
The Electronic Payments Association and the Payments Innovation Alliance announced Wednesday (Oct. 5) that it released a Meeting Summary Report and Overview Document from the latest meeting of the API Standardization Industry Group. In a press release, the groups said the API Standardization Industry Group,...
FinTech companies have grown accustomed to using APIs to conduct business — and are now expecting their banks to do the same. For September’s PYMNTS.com B2B API Tracker™, a FI.SPAN collaboration, Ben Isaacson, SVP of Cross River Bank’s payments division, explains how the bank’s decision...
New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. But, because these solutions — like Bitcoin — are largely untested, many traditional banks are wary of investing in companies...
