These are trying times. The way we live life — and especially, the ways in which we transact — have seen seismic shifts. Stay-at-home mandates and working from home are now becoming the norm across the globe as the coronavirus pandemic continues. And for financial...
Open banking efforts are live in countries ranging from the United Kingdom to Singapore. Financial institutions (FIs) following these initiatives make their application programming interfaces (APIs) publicly available, which third-party developers can use to create solutions that draw on banking data from consenting users. This...
U.S. Bank and the FinTech Fiserv are collaborating to streamline data sharing so customers can easily connect their financial information with their preferred third-party app, the companies said in a statement on Monday (March 16). Consumers can safely link their data using an application programming...
Businesses depend on application programming interfaces (APIs) to ensure information flows smoothly between internal programs and software and third-party services. The technology’s significance cannot be ignored, as a 2018 survey found that each company manages an average of 363 APIs. These solutions can spare departments...
B2B application programming interfaces (APIs) aren’t just for large enterprises anymore — middle-market firms and SMBs now realize their potential for enabling low-cost access to real-time payments and account data. But those capabilities are only the tip of the API iceberg, says HSBC global head...
Business to business (B2B) application programming interfaces (APIs) are helping smooth the flow of data between companies, including businesses and their financial services software as well as between banks and their corporate clients. The value of the technology is evidenced by the vast number of...
Lingering issues of trust and a foggy regulatory climate continue to hold up B2B adoption of faster payments among financial institutions (FIs), but nothing can hold it back. Momentum is a powerful force, and it looks like there’s enough of it behind open banking to...
B2B merchants must make their goods available via digital purchasing channels, or risk missing out on potential sales. Corporate buyers often start their purchasing processes by looking online, according to a 2017 survey — which found that 61 percent began with general online searches, and 56 percent went straight...
Breaking the legacy of batch payments can help corporate treasurers hit instant speeds — and access rich real-time payment data — with the right application programming interface (API) integrations. In this month’s B2B API Tracker, BNP Paribas Vice President Charlotte Hausemer explains how banks are...
