As we earn our daily bread — the money we’re paid at 9-to-5 jobs or via gig work — there are foundational units that translate into paychecks. We get paid by the hour (even salaried workers do) or by the Uber ride, DoorDash delivery or...
In the competitive world of the payments sector, a number of leading companies are leveraging APIs (application payment interfaces) to improve consumer experiences. As a recent PYMNTS/USEND study found, these companies use APIs to tap into proprietary data about their customers, offer enhanced data security...
Money movement automation platform Astra is teaming up with core infrastructure financial services firm Cross River Bank, to give FinTech developers the ability to use debit card payment rails to fund accounts and facilitate deposits. Astra’s first card-to-card instant payment API gives FinTech developers the...
Global banking infrastructure SaaS company Fable Fintech on Thursday (Dec. 16) launched plug-and-play open banking platform API Hub to allow banks to streamline the onboarding and integration process for large and medium-sized corporate customers, ERP systems, aggregators and payout partners. API Hub — which accommodates...
Driven by the pandemic and the resulting shift to remote work, businesses are digitizing their financial operations as fast as they can. As they do so, there’s a growing expectation that their banking partners will help them along the way. Financial institutions (FIs) must respond...
Application programming interfaces (APIs) are hardly new to the financial services space, but due to our financial community’s traditional approach to banking, which is extremely siloed and compartmentalized, we were limited to the ways in which APIs could be used. However, that approach has shifted...
In the continued evolution of financial services, the neobanks have had a heady rise, offering products and services that aim to be squarely competitive with, and more attractive than, what’s on offer from traditional financial institutions (FIs). It is the application programming interface (API) that...
In the age of the super app, the embedded experience is the holy grail of companies — no matter the vertical — seeking to cement their end users’ loyalty and new use cases. And application programming interfaces (APIs) enable developers at those firms to craft...
Some consumers already were using digital payments options before the pandemic made them a necessity — especially younger generations such as millennials and Generation Z, demographics that control $143 billion in collective spending power. The pandemic’s impact on the business-to-business (B2B) payments space has been even more dramatic, with many businesses worldwide forced to...
