Tagged: apis

Fintech Galaxy Acquires Egypt’s Underlie as it Expands Open Finance Footprint

UAE-based Fintech Galaxy, the “first” Central Bank-regulated Open Finance platform in the Middle East, announced the acquisition of Underlie, an Egypt-based Open Banking platform offering APIs to banks and businesses. The deal will help “to set FTG’s Open Finance and Open Banking wheels in full… Read More

BNPL: Cashfree Payments Offers Buy Now Pay Later Suite for Indian Consumers

Payments and API banking solutions company, Cashfree Payments is now offering one of India’s “widest” ‘Buy Now Pay Later’ (BNPL) suite. Cashfree Payments’ BNPL suite will “enable online businesses to provide customers with over 30 flexible financing options during checkout.” The company has “launched its… Read More

Ibanera Announces Partnership with Cross River to Enhance Payments Capabilities

Ibanera, a global banking and payments company, announced the launch of its new partnership with Cross River, a technology infrastructure provider that offers embedded financial solutions, “to power Ibanera’s digital banking platform and payments capabilities with its API driven platform and proprietary banking core.” Michael… Read More

India’s Cashfree Payments Enables eUPP to Provide Educational Institutions with Secure Payments for Parents, Students

Cashfree Payments, India’s leading payments and API banking solutions company, is enabling eUPP (eLite Unified Payment Platform), a fee payment management system for schools and colleges, “to offer an instant and secure fee payments experience for end users.” Currently, through this partnership, “more than 500… Read More

User Authentication Now a Top Strategy to Secure APIs, Axway IT Industry Survey Reveals

Axway, a provider of API management and integration software, announced new data from its inaugural 2022 Open Everything Strategy Survey Report. Polling nearly 1,000 IT leaders, architects, and developers about their digital strategies and top concerns, the survey “found nearly 40% of organizations are in… Read More

Web3: Framework Ventures, Chapter One Co-Lead $3M Seed Round for Daylight

Daylight, an Application Programming Interface (API) that aggregates Web3 perks all in one place, has raised $3M in a seed round “co-led by Framework Ventures, a venture capital firm known for its early entry into decentralized finance (DeFi), and Chapter One, an early stage venture… Read More

MoneyCorp Implements API, Distribution Agreement with BankClarity

Moneycorp, the global foreign exchange and payments provider with more than £38 billion of trades across 120 different currencies, has implemented an API and distribution agreement with BankClarity, which claims to be the leading banking tech provider to non-bank financial institutions. The partnership means that… Read More

Galileo to Enable Fintech Pomelo’s “Remit Now, Pay Later” Credit Card to Improve Financial Access

Galileo Financial Technologies, LLC, a financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), announced that its API-enabled financial technology powers Pomelo, a new charge card that “allows families in the U.S. to build and extend their credit access abroad without… Read More

Zurich Insurance Group Introduces API Marketplace Zurich eXchange

Zurich Insurance Group (Zurich) has launched Zurich eXchange, a newly created global API marketplace that “brings together the best services from across the Zurich Group, enabling faster integration and more efficient collaboration throughout the company and with customers and partners.” The move “marks the next… Read More

India’s Cashfree Payments Introduces Lending Solution to Help Financial Services Firms

Cashfree Payments, India’s payments and API banking solutions company, has rolled out their Disbursement and Collections solution for Lending, “to enable NBFCs and their partner LSPs to comply with the new Digital Lending guidelines.” Cashfree Payments will “facilitate both digital lending and co-lending use cases… Read More

India’s Cashfree Payments Launches ‘Issuance’ to Enable Fintechs to Introduce Prepaid Cards

Cashfree Payments, which claims to be one of India’s leading payments and API banking solutions companies, announced the launch of Card Issuance Stack with their new solution ‘Issuance’ “to enable businesses such as fintechs and platforms to launch prepaid cards and wallets for their customers,… Read More

Axway, Blanc Labs to Offer Integrated Open Banking Solutions

Axway (Euronext: AXW.PA), a provider of open banking built on the Amplify API management platform, is pleased to announce its partnership with Blanc Labs, a “trusted” financial service and healthcare innovation partner. While the largest banks are already well along their digital journey, many others… Read More

Codat, nCino to Help Banks Underwrite Small Business Loans

Codat, the universal API for small business data, announced a partnership with nCino (NASDAQ: NCNO), the worldwide specialist in cloud banking, “to automate and accelerate banks’ ability to underwrite small business loans around the world.” nCino’s solution significantly “reduces the time it takes banks to… Read More

India’s Cashfree Payments Enables DASH to Manage Transactions from 2000+ Small Merchants

India’s Cashfree Payments, a payment and API banking solutions company, is enabling door-step payment collection for DASH, a tech-led go-to-market platform for brands in Tier-3 towns. DASH will be using Cashfree Payments’ point of sale solution, ‘softPOS’, “to offer this service to more than 2,000… Read More

Uday Akkaraju: CEO at BOND.AI Comments on Latest Developments in Embedded Finance

The economy is facing massive disruptions: inflation, great resignation, and possible recession, among others. This has driven customers to switch financial institutions at a click of a button, looking for the ones that provide them the most benefits and help with their financial health. However,… Read More

Citi Ventures Invests in Latin American Open Finance Platform Belvo

Citi Ventures has become the latest major company to invest in Mexico City’s open finance API platform Belvo. Citi Ventures has reportedly joined Visa as an investor in Belvo, which finalized a $43 million Series A investment round back in June 2021. The investment also… Read More

Swiss Fintech Klarpay AG Adds 70+ Currencies to Enable Cross-Border Payments

Klarpay AG has completed another milestone “with the integration of Visa‘s B2B Connect product to its services.” This latest achievement “enables Klarpay’s business customers to perform cross-currency outbound payments from Klarpay accounts to 90+ countries and 70+ currencies via its Dashboard and APIs.” Swiss fintech… Read More

Scotiabank Introduces Scotia TranXact, a Digital Payments Platform for Business Banking Clients

Scotiabank recently announced the launch of Scotia TranXactTM – a digital payments platform that “provides business banking clients with on-demand access to Scotiabank’s payments and cash management Application Programming Interfaces (APIs).” With Scotia TranXact business banking clients now “have access to real-time payments, request-to-pay and… Read More

Trovata Execs Comment on Role of Open Banking, Variable Recurring Payments, Other Fintech Trends in Banking

Trovata, which automates cash reporting and forecasting via wholesale (and was set for the UK, and EU launch after a $27 million round in June 2022), recently announced the appointment of Lisa Gutu as VP of Business Development and Vladimir Pintea as VP of Open… Read More

Number of APIs Needed to Drive Businesses Forward Set to Increase: Survey

The number of APIs needed to “drive a business forward is only going to increase,” according to an update shared with CI. Gartner predicts that even with multiple API management platforms, “soon less than 50% of APIs will be managed by existing platforms as the… Read More

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