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Open Apis The Need For Common Standards In Banking - Latest News

Proven APIs Hold the Key to Open Banking Success in Bahrain

Bahrain’s Open Banking compliance deadline of 30 th June is rolling round quickly and its regulator, the Central Bank of Bahrain has already signalled that it has no plans to extend it. This means ... read more

Open Banking APIs in Asia need a set of common standards

While Open Banking guidelines provide standards for both banks and third parties, they have tended to be less prescriptive when it comes to defining exactly what the APIs should look like and how they ... read more

SWIFT publishes blueprint for API standards

SWIFT has published a blueprint for common API standards following collaboration ... Regulators around the world have identified the need for interoperability among financial institutions as they move ... read more

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Open banking aims to create competition in payments space

Companies and banks could join the API Centre to trial their product and to have a say in how future standards ... Open Banking standard in the UK and was the founding chief executive of the UK's Open ... read more

Asia’s Open Banking Push

Will a Regional or Global Standard for Open APIs Emerge? As Asian countries begin to promote more open banking systems, whether common regional or even global standards will emerge ... and regulators ... read more

Fintech startups spot a lucrative space in open banking

For instance, reconciliation between multiple current accounts of a business through one portal and lending at Point of Sale otherwise meant for payments are some of the ways in which ‘open banking’ ... read more

Open Banking regulators have failed to "pull the banks to order"

“For us next year, we are going to need clarity on all of these things ... established the OBIE as an independent body “to develop and deliver the open and common banking standards for APIs, and to ... read more

How APIs Safeguard Bank-FinTech Collaboration

The company’s Open Bank Project offers an open-source API platform to support firms’ open banking strategies. Chaib recently told PYMNTS why FIs need to adopt open banking ... the pan-European Berlin ... read more

Open Banking Will Bank On Customer Service To Boost Traction With SMBs: Accenture

Open banking, bank APIs and data sharing flourished in 2018 ... While there are a few driving trends he predicts for the new year, they all have one thing in common, he said: customer service. Read ... read more

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