PYMNTS

OCTOBER 28, 2019

Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and global payment applications, the company said in a press release on Monday (Oct. APIs also utilize the latest level of regulated European internet security: strong customer authentication (SCA).

API 51

API International Payments Payment APIs and Integration Cross-Border 51

PYMNTS

DECEMBER 3, 2020

But innovations in B2B payments and other corporate workflows like liquidity and cash management among the FinTech community have opened the door for a new era of corporate banking – one in which organizations are no longer willing to settle. Regulatory initiatives like PSD2 and open banking across Europe and the U.K.

Payment APIs and Integration 105

Payment APIs and Integration End User B2B API 105

PYMNTS

MARCH 8, 2019

HSBC has unveiled its application program interfaces (APIs) and developer portal to comply with the EU’s Second Payment Services Directive (PSD2). The solutions can integrate with data held by HSBC, with account information, payment initiation and funds confirmation the focus of the APIs.

API 67

API Payment APIs and Integration Cash Management Payment Initiation 67

PYMNTS

NOVEMBER 27, 2019

Small businesses are a growing target for bank-FinTech collaborations and data integration initiatives as financial service providers explore new use cases for open banking. Based in Silicon Valley, Plaid said it has so far enabled integrations with 15,000 banks across the U.S. Plaid’s Global Expansion. and Canada.

Payment APIs and Integration 90

Payment APIs and Integration FinTech Small Business API 90

PYMNTS

NOVEMBER 24, 2020

This week's look at the latest in bank-FinTech collaborations explores how a range of banks is turning to partners and API connectivity to enhance small business services, from lending to payments. Also focused on unlocking bank data is Visa, which recently announced a partnership with API provider Codat in Europe.

Payment APIs and Integration 60

Payment APIs and Integration Small Business API Underwriting 60

PYMNTS

JANUARY 14, 2020

Being able to handle accounts receivable (AR) and payable (AP) processes with minimal hassle or manual labor is bound to be high on business owners’ wish lists, after all, and integration-savvy banks can accommodate just that. Wells Fargo launched its open API (application programming interface) channel three years ago.

API 52

API Payment APIs and Integration Cross-Border Payments Payments 52

PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. Bankin’ Steps Into Payments APIs.

Use Case 64

Use Case Payment APIs and Integration FinTech Payroll 64

PYMNTS

FEBRUARY 1, 2021

As Berghald explained, that’s because each critical function — from invoicing to payment to accounting — all occur separately from each other. The communication between all these systems becomes a major issue since the integrations [and] connections between them often are malfunctioning,” he said. Bringing It All Together.

Payment APIs and Integration 82

Payment APIs and Integration Finance API Facilitators 82

PYMNTS

SEPTEMBER 27, 2019

HSBC is continuing its open banking strategy with the deployment of a new application programming interface (API) designed to promote bank collaboration to facilitate trade finance. As reports explained, the bank guarantee ensures that a B2B supplier is paid on an invoice even if their customer does not pay.

API 48

API Payment APIs and Integration Finance B2B 48

PYMNTS

APRIL 29, 2020

TransferWise Integrates With Mambu. German banking platform Mambu has announced a collaboration with TransferWise to enhance banks’ cross-border payments and foreign exchange management operations, the companies recently revealed. Tribe Payments Plans Open Banking Module. Surecomp Wields Open Banking For Trade Finance.

Payment APIs and Integration 95

Payment APIs and Integration FinTech Cross-Border Cross-Border Payments 95

PYMNTS

SEPTEMBER 3, 2018

In the late-August, computer manufacturing company IBM said it debuted a blockchain-based payment system, with offerings that enable cross-border transactions. The linkup is being billed as one that lets financial firms settle cross-border payments in a matter of seconds. Payments Initiatives In Africa.

Blockchain 41

Blockchain API Distributed Ledger Technology (DLT) Cross-Border 41

PYMNTS

APRIL 17, 2020

Connecting Accounting to Payments. Further, APIs can facilitate collection of this data in real time throughout the day, rather than overnight or at periodic times during the month. Open banking enables these platforms to obtain information more quickly and securely, explained Vaccino. Optimizing Business Lending.

Innovation 83

Innovation Payment APIs and Integration Use Case Reconciliation 83

PYMNTS

NOVEMBER 12, 2020

It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. But it may not always be smooth sailing ahead. ThinCats Links Up With Open Banking FinTech Salt Edge. In the U.K.,

Payment APIs and Integration 88

Payment APIs and Integration Treasury Small Business FinTech 88

PYMNTS

AUGUST 21, 2020

Yet as cross border trade picks back up, the foreign exchange and global payments needs of businesses will intensify. For the financial services world to address businesses’ global payments needs, Conibear said they must take a holistic approach that goes beyond facilitating cross-border payments or improving upon legacy payment rails.

Multi-Currency 69

Multi-Currency Cross-Border Payments Cross-Border Finance 69

PYMNTS

NOVEMBER 8, 2017

Faster payments schemes across the globe are placing new definitions on what it means to be fast, especially as more initiatives heard towards real-time transacting. In the three years since FIS began this annual report, the number of real-time payments programs more than doubled, researchers noted.

Real Time Payments 40

Real Time Payments B2B Innovation Faster Payments 40

PYMNTS

OCTOBER 9, 2019

In one example, this past week, a FinTech focused on open banking, ndgit, said in a press release it is debuting PSD2 compliance APIs in Switzerland. The pact means that beginning this month, ndgit will provide a “bank interface sandbox” that will enable F10 startups to test their offerings tied to the Berlin Group Standard-based API.

Payment APIs and Integration 51

Payment APIs and Integration FinTech ISO 20022 B2B 51

PYMNTS

SEPTEMBER 6, 2018

However, blockchain is also gaining ground, and currency is offering a boost to the payments infrastructure. To that end, IBM said it launched its Blockchain World Wire , billed as a cross-border payment system that is powered by the Stellar blockchain network. The process integrates the World Wire API into banks’ payment systems.

SWIFT 40

SWIFT Payment Initiation Caps Cross-Border Payments 40

PYMNTS

JULY 4, 2018

The B2B payments market is already enjoying a solid year, thanks to some of the biggest names in payments and FinTech taking a solid stance in the space. PYMNTS takes a look back at some of the most popular B2B payments stories of the year so far. Mastercard Sent Steps Into B2B. Visa Buys Fraedom.

B2B 40

B2B Payment APIs and Integration Push-to-Card Visa 40

PYMNTS

SEPTEMBER 16, 2020

Cross-border payments technology company Payoneer debuted its Payoneer for Banks program last week, an initiative that provides financial institutions (FIs) and other service providers with infrastructure to send and receive global payments. Faster Payments and BACS schemes. Payoneer Debuts Program For Banks.

Cross-Border Payments 56

Cross-Border Payments Payment APIs and Integration Cross-Border Small Business 56

PYMNTS

NOVEMBER 10, 2020

With open banking technologies making their way beyond the world of consumer finance and into the business banking market, new use cases are emerging from the legislation that opens up bank account data and offers FinTechs opportunities for new functionalities via deeper data integrations. Emerging Use Cases.

Use Case 75

Use Case Payment APIs and Integration Accounts Finance 75

PYMNTS

JANUARY 2, 2017

With the increasing trade volume between the two countries, payments have become a major pain point for retailers that often rely on wire transfers, which can take up to three days to complete. That’s a problem that San Francisco-based Wyre is offering to solve with its real-time cross-border payment solution. “We The result?

Cross-Border Payments 42

Cross-Border Payments Cross-Border Payment APIs and Integration Blockchain 42

PYMNTS

FEBRUARY 2, 2021

Miami-based Apollo Bank is turning to a third-party FinTech to strengthen its corporate payments and treasury management offering. The bank recently announced a partnership with CheckAlt to adopt its lockbox technology, allowing corporates to automatically accept, process and reconcile check payments. Germany- and U.S.

Lockbox 57

Lockbox FinTech Treasury Management Payment APIs and Integration 57

PYMNTS

FEBRUARY 7, 2017

You can test all you want, but for payments innovators, the true test only comes when a solution is released out into the real world. s Faster Payments initiative, there have already been some changes made to the service that looks to support real-time transacting. For the U.K.’s But last June, the U.K. is all about flexibility.

Faster Payments 46

Faster Payments Technology Real Time Payments ISO 20022 46

PYMNTS

DECEMBER 13, 2018

.” The friction associated with manually downloading data across banking and financial platforms, and then having to normalize it to make it usable, presents a significant opportunity for open banking initiatives and APIs in the corporate cash management space. Open banking is not a regulatory requirement in the U.S., ”

Treasury Management 62

Treasury Management Treasury Payment APIs and Integration API 62

PYMNTS

JANUARY 14, 2020

13), Visa said it will buy Plaid — which focuses on the development of application programming interfaces (APIs) that allow consumers to share their data with thousands of apps — for $5.3 In terms of mechanics, the acquisition — which involves a cash payment of $4.9 Call it an expansion of the Visa network-of-networks model.

FinTech 63

FinTech Payment APIs and Integration Value Added Service Cross-Border 63

The Fintech Times

SEPTEMBER 26, 2024

Redpin , the embedded software solutions and international payments company, has unveiled a new leadership team. The European Investment Bank (EIB) is providing €220million to Nexi Group to support innovation in digital payments across Europe. DigiAsia provides embedded finance APIs for SMEs in emerging markets.

FinTech 64

FinTech Payment APIs and Integration Fraud Detection Fraud Prevention 64

PYMNTS

SEPTEMBER 19, 2017

The disruptors range from machine learning and blockchain to APIs and faster payment initiatives, and banks have a choice to make when pursuing these tools. Regardless of FinTechs and the solutions banks choose to deploy, Finastra and Celent emphasized the importance of integration.

Innovation 43

Innovation Payment APIs and Integration Non-Bank Fraud Detection 43

PYMNTS

JULY 4, 2016

Regulation is one of two words that keep a lot of payments executives up at night (the other being cybercrime) as regulation forces everyone across the ecosystem to allocate time, money and people to making sure that all of the regulatory boxes are checked and double-checked. It’s the next-generation payments system.”

Compliance 40

Compliance Payment APIs and Integration Online and Mobile Banking Regulations 40

PYMNTS

OCTOBER 24, 2019

Further, the financial risks of this challenge expand into areas like payments fraud and cyberattacks, with Lutz pointing to the growing sophistication of such crimes, and the increasing complexity of identifying them and mitigating these risks. and other markets’ Open Banking initiatives like the revised Payment Services Directive (PSD2).

Treasury 40

Treasury Treasury Management Cross-Border Payment APIs and Integration 40

PYMNTS

JULY 27, 2018

banks have begun to develop and deploy their own APIs to facilitate data sharing with FinTech firms, too. As entrepreneurs adopt new technologies, integrations can be subpar, and Rathmann said it’s causing friction for business owners, often in the form of wasted time. ” U.S.

Same Day ACH 41

Same Day ACH Small Business Payment APIs and Integration Privacy 41

PYMNTS

MAY 7, 2020

Although a recent uptick in B2B payments innovation has accelerated corporates’ migration away from the paper check, old habits die hard, and the legacy payment tool remains a mainstay in the accounts payable (AP) department. “Checks will be around for a while. Preserving Check Workflows.

Checks 67

Checks B2B Payment APIs and Integration Remote Deposit Capture 67