API

API
FIs Turn To Edge Cloud Computing For High Speed, Low Cost Content Delivery
August 03, 2021

In Scalable Performance: How To Lower The Costs Of High-Performance Digital Experiences, PYMNTS examines how edge cloud computing can allow companies to almost instantly purge old content and cache dynamic content to supercharge user experiences.

API
Report: Edge Cloud Helps FIs Optimize API Performance
July 21, 2021

The potential value APIs provide is lost when legacy CDNs cannot effectively cache frequently changing content on web and mobile apps. The Optimized API: How Edge Cloud Technology Transforms FIs’ API Performance, a PYMNTS and Fastly collaboration, explores how FIs can leverage edge cloud technology...

API
UK Revolut Customers Get Access To Early Payday Option
December 02, 2020

London-based FinTech Revolut is introducing a new feature in the U.K. that will give its more than 3 million customers access to direct deposits a day early. “Early access to salaries could be a genuine lifeline for many during these tough economic times,” Nik Storonsky,...

API
Plaid Teams With Jack Henry To Bring Plaid Exchange To Banks
November 24, 2020

FinTech startup Plaid is partnering with banking platform Jack Henry & Associates to advance the Plaid Exchange for more than 350 financial institutions (FIs). “We developed Plaid Exchange to make open finance as simple as possible for financial institutions — no matter their size,” Niko...

API
Square Introduces Terminal API For All-In-One Payments
October 15, 2020

At Square’s fourth annual conference for developers, the Silicon Valley startup introduced Terminal API for seamless all-in-one-payments, the company said in a statement on Thursday (Oct. 15). Its latest tool enables developers to connect Square Terminal — the all-in-one card payments device — to their...

API
Open Banking APIs Meet B2B Payments
July 06, 2020

Steady digitization in stale B2B payments and the open banking movement are two closely related and increasingly exuberant expressions of money’s digital makeover. While much of the legal framework has come from European Union (EU) regulators, it is a loose alliance of financial institutions (FIs),...

API
Deep Dive: How Open Banking Helps Accelerate B2B Payments
July 03, 2020

Open banking is shaking up the financial industry and is poised to revolutionize the way banks share data with each other as well as with third-party app developers, FinTechs and payment providers. Open banking — a system in which banks allow third parties to freely access their data to develop new...

API
US Bank On Improving B2B Payments Via Open Banking
July 02, 2020

B2B payments are often complicated by incompatible systems that delay transactions and add additional fees. Embracing open banking can help, but many financial institutions have core systems that weren’t designed to support APIs, says Gareth Gaston, executive vice president at U.S. Bank. In this month’s...

API
U.S. Bank: How Legacy Systems Impede Open Banking Adoption
July 01, 2020

B2B payments account for $25 trillion in the United States each year, but these transactions are often fraught with frustrations and challenges. Studies have found that B2B invoices take an average of 37.4 days to settle, a pace that is largely due to the business...