APIs

Citi’s Tuum Investment Changes Cloud Core Banking Dynamic
Citi’s Tuum Investment Changes Cloud Core Banking Dynamic
March 18, 2024  |  Banking

Embedded payments, embedded lending and a continuing shift to virtual cards all demand a reconsideration of technical infrastructure. Banks, grappling with legacy back-end systems, and...

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Growing Digital B2B Payments With Open Banking and APIs
Growing Digital B2B Payments With Open Banking and APIs
March 13, 2024  |  B2B Payments

All the complexity and complications inherent to B2B payments have one, simple solution: going digital. But despite a sea of change in the payments world,...

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Griffin Launches as Fully Operational UK Bank and Raises $24 Million
Griffin Launches as Fully Operational UK Bank and Raises $24 Million
March 11, 2024  |  Digital Banking

British banking-as-a-service (BaaS) platform Griffin is now officially a fully operational bank. The company announced Sunday (March 10) that it had received approval from the...

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APIs and Points of Vulnerability Spotlight BaaS Risks as Platforms Evolve 
APIs and Points of Vulnerability Spotlight BaaS Risks as Platforms Evolve 
March 11, 2024  |  Banking

If there’s a surety in financial services, it’s that hackers and bad actors probe ecosystems and platforms for points of vulnerability, looking for weak links...

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FinTechs Believe CFPB’s 1033 Rule Will Bring ‘Clarity’ to Data Sharing and Foster Financial Services Innovation
FinTechs Believe CFPB’s 1033 Rule Will Bring ‘Clarity’ to Data Sharing and Foster Financial Services...
February 14, 2024  |  Regulation

Matt Janiga, legal counsel and director of regulatory and public affairs at Trustly, told PYMNTS that the Consumer Financial Protection Bureau’s open banking rule, commonly...

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APIs Promise to Make Instant Payment Systems Interoperable
APIs Promise to Make Instant Payment Systems Interoperable
February 08, 2024  |  Faster Payments

Cory Barnes, senior product manager at Form3, told PYMNTS that instant payments can reach their full potential only when far-flung systems are truly in sync...

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Half of FIs Rely Entirely on External Data Encryption Tools to Detect Fraud
Half of FIs Rely Entirely on External Data Encryption Tools to Detect Fraud
February 08, 2024  |  Fraud Prevention

Over 40% of financial institutions (FIs) have reported higher-than-average volumes of fraud and financial crime, according to insights detailed in “FIs Depend on AI/ML Partners...

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Cross River and Aeropay Enable Instant Payouts via Gaming Operators
Cross River and Aeropay Enable Instant Payouts via Gaming Operators
February 07, 2024  |  Disbursements

Cross River Bank and Aeropay partnered to enable instant payouts in the gaming industry. Together, Cross River Bank, a provider of embedded financial solutions, and...

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Uber Freight Unveils Scheduling API as Industry Standards Shift
Uber Freight Unveils Scheduling API as Industry Standards Shift
February 05, 2024  |  Shipping

Logistics provider Uber Freight has developed a new scheduling application programming interface (API). The new tool marks the first activation of the Scheduling Standards Consortium’s (SSC) Technical Standard for...

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