Remove Innovation Remove Payment APIs and Integration Remove Third-Party Service Provider
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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. This industry is on the cusp of some major innovation, too, as FinTechs roll out services that banks can offer to their own customer clients via APIs. But there are issues abound.

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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. This industry is on the cusp of some major innovation, too, as FinTechs roll out services that banks can offer to their own customer clients via APIs. But issues abound.

API 76
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API Exchange Debuts In Hong Kong

PYMNTS

Hong Kong has announced its first API exchange, which features more than 200 APIs on offer from 13 banks, geared toward cross-border payments. As noted on sites such as Entrepreneur , Joint Electronic Teller Services said on Wednesday that the JETCO APIX Exchange had launched. Starting with the Wednesday (Jan.

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Deep Dive: How Small FIs Use Third Parties, Gradual Integrations To Guide New Payment Rail Adoptions

PYMNTS

The demand for faster payments is growing as companies look for swift, data-rich ways to transact. One study from 2019 found that 54 percent of 120 financial executives listed real-time payments as one of the most impactful emerging technologies, for example. Direct Connection Versus Third-Party Provider.

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Payroll Gears Up To Leapfrog Into APIs, Faster Payments

PYMNTS

Centuries-old banks have been operating on decades-old infrastructure, leaving many traditional financial institutions (FIs) to stand idle and offer little in the way of digital-native products and services. That is, until FinTechs and challenger banks stepped onto the scene, jumpstarting financial services innovation in a whole new way.

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How APIs, The Gig Economy Drive Payroll-Accounting Connectivity

PYMNTS

With Open Banking business models inspiring FinTech innovators to explore other use cases for data integrations, the B2B financial services market has seen a swath of collaboration between traditional financial institutions and FinTech firms — and between FinTech firms themselves. Technological Barriers.

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How Banks Balance New SMB Tech (Without Nixing The Old)

PYMNTS

That disruption isn’t over, either, according to Axos Bank CEO Gregory Garrabrants, who spoke with PYMNTS about how a fluctuating industry will continue to affect SMBs in the area of lending, payments and beyond. The bank also operates an API platform that includes the ability to integrate wire payment functionality.