Remove Facilitators Remove Payment APIs and Integration Remove Payment Initiation
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Salt Edge Launches API Upgrade to Support Open Banking

Finovate

Open banking solutions provider Salt Edge has released the latest version of its Open Banking Gateway API. The new version, the company’s sixth, features enhancements designed to make integration easier and quicker. This week, the company unveiled the latest version of its Open Banking Gateway API.

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What is a Payment Service Provider (PSP) and How Do They Work?

Stax

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. The question is: how do payment service providers work and how can you choose the right one for your business?

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Banks Embrace Direct Data Integrations For SMB Services

PYMNTS

This week's look at the latest in bank-FinTech collaborations explores how a range of banks is turning to partners and API connectivity to enhance small business services, from lending to payments. Also focused on unlocking bank data is Visa, which recently announced a partnership with API provider Codat in Europe.

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 In Europe, Digital Banking And APIs Eye Banking As A Service

PYMNTS

In France, Treezor , a banking as a service platform, said this week that has deployed the Thales SafeNet Data Protection On Demand solution for what is being billed as “safety across the entire payment chain, from tier one banks and neo banks to crowdfunding organizations,” as noted in a release. Banking on Banking Licenses. In the U.K.,

API 71
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HSBC Deploys Trade Finance API For Partner Banks

PYMNTS

HSBC is continuing its open banking strategy with the deployment of a new application programming interface (API) designed to promote bank collaboration to facilitate trade finance. Reports said HSBC’s API has already enabled partner banks ING Bank and Standard Bank to complete guarantee issuance.

API 48
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IBM, SWIFT Cap X-Border Payments Initiatives       

PYMNTS

However, blockchain is also gaining ground, and currency is offering a boost to the payments infrastructure. To that end, IBM said it launched its Blockchain World Wire , billed as a cross-border payment system that is powered by the Stellar blockchain network. The process integrates the World Wire API into banks’ payment systems.

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How 'Internet Of Systems' Can Drive SMB Finance Transparency

PYMNTS

As Berghald explained, that’s because each critical function — from invoicing to payment to accounting — all occur separately from each other. The communication between all these systems becomes a major issue since the integrations [and] connections between them often are malfunctioning,” he said. Bringing It All Together.