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APIs Raising Tough Questions About FinServ Innovation, Competition And Data Privacy

PYMNTS

The B2B payments industry is finally beginning to hustle when it comes to technological innovation. And as traditional financial institutions (FI) begin to view the value of collaborating with FinTechs, these banks can similarly shake their reputation for being innovation laggards and promote B2B payments progress while they’re at it. .

API 78
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APIs Raising Tough Questions About FinServ Innovation, Competition And Data Privacy

PYMNTS

The B2B payments industry is finally beginning to hustle when it comes to technological innovation. And as traditional financial institutions (FI) begin to recognize the value of collaborating with FinTechs, these banks can similarly shake their reputation for being innovation laggards and promote B2B payments progress while they’re at it. .

API 76
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This Week In Payments: New Frontiers — Visa And Plaid; Goldman And Marcus; And Big Doings ‘Bout SMB Payments

PYMNTS

Plaid creates application programming interfaces (APIs) that make it easier for consumers to share their data, including bank account credentials, with third parties via a single digital touchpoint. In terms of mechanics, the acquisition — which involves a cash payment of $4.9

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Token Facilitates PSD2 Compliance with New Payment Network

Fintech Labs Insights

Palo Alto-based Token launched a new payment rail to help banks comply with Europe’s Revised Directive on Payment Services (PSD2) , a framework that provides the legal foundation for a European Union-wide, single market for payments. The merchant sends the bank the Token ID and payment request.