Apis/page/3 news and trends

Are APIs the Power Source for Open Banking’s Rise?
API // July 09, 2024

As open banking takes root in the United States, the role of application programming interfaces (APIs) will become more widely known and appreciated. That’s one of the predictions and insights stemming from a recent PYMNTS interview with Seth Perlman, global head of product at payment...

Microsoft Won’t Follow OpenAI in Blocking China’s Access to AI Models
artificial intelligence // July 08, 2024

OpenAI’s upcoming ban on application programming interface (API) access to its artificial intelligence (AI) models in China doesn’t apply to Microsoft Azure’s customers in the country. Azure operates in China via a joint venture and has made it clear in public statements that the AI models...

SaaS Firm Payabli Raises $20 Million for Product Development, Security
Investments // June 25, 2024

Payment infrastructure solution firm Payabli raised $20 million in a Series A round. The Software-as-a-Service (SaaS) company plans to use the funding to drive product development and reinforce security and scalability, according to a Tuesday (June 25) news release. The company also plans to grow...

Why Banks Are Starting to Care About MACH Architecture
Digital-First Banking // June 14, 2024

Financial institutions (FIs) can’t meet the evolving needs of digital-first customers with traditional solutions and infrastructure.  That’s why the finance industry must continually modernize the banking experience — and its relatively monolithic core architecture — to adapt to technological, behavioral and market disruptions. With the...

Interviews & Exclusives
Embedded Finance Emerges as Retail Conversion Solution

July 16, 2024
Embedded finance, as a concept, has been around for a while, but not in the technologically savvy, user-friendly form it takes in today’s iteration. Embedded finance has emerged as a key weapon in the retail quest for online and offline customer conversions. The technology that underpins today’s embedded financing applications is also familiar. But APIs […]

Are APIs the Power Source for Open Banking’s Rise?

July 09, 2024
As open banking takes root in the United States, the role of application programming interfaces (APIs) will become more widely known and appreciated. That’s one of the predictions and insights...

Why Banks Are Starting to Care About MACH Architecture

June 14, 2024
Financial institutions (FIs) can’t meet the evolving needs of digital-first customers with traditional solutions and infrastructure.  That’s why the finance industry must continually modernize the banking experience — and its...

5 Things to Watch as Open Banking Gains Ground in the US

June 06, 2024
Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. But, with lessons learned from abroad, and with an incrementally...

Quick Reads
Microsoft Won’t Follow OpenAI in Blocking China’s Access to AI Models

July 08, 2024
OpenAI’s upcoming ban on application programming interface (API) access to its artificial intelligence (AI) models in China doesn’t apply to Microsoft Azure’s customers in the country. Azure operates in China via a joint venture and has made it clear in public statements that the AI models are available to its customers in the country, Seeking Alpha reported […]

SaaS Firm Payabli Raises $20 Million for Product Development, Security

June 25, 2024
Payment infrastructure solution firm Payabli raised $20 million in a Series A round. The Software-as-a-Service (SaaS) company plans to use the funding to drive product development and reinforce security and...

VoPay Debuts Cash Management Platform TXB

May 29, 2024
Embedded payments technology company VoPay has debuted a digital transaction and cash management platform. Dubbed TXB, the platform is designed to help banks and credit unions launch “API-first transaction banking...

AvidXchange and MIP Partner on AP Automation for Nonprofits

May 23, 2024
AvidXchange and MIP Fund Accounting by Community Brands partnered to provide a fully digitized invoice-to-pay process to nonprofit groups. With this collaboration, AvidXchange’s accounts payable (AP) automation solution has been integrated into MIP’s cloud-based, software-as-a-service (SaaS)...