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API Exchange Debuts In Hong Kong

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Hong Kong has announced its first API exchange, which features more than 200 APIs on offer from 13 banks, geared toward cross-border payments. As noted on sites such as Entrepreneur , Joint Electronic Teller Services said on Wednesday that the JETCO APIX Exchange had launched. Starting with the Wednesday (Jan.

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Payroll Gears Up To Leapfrog Into APIs, Faster Payments

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Centuries-old banks have been operating on decades-old infrastructure, leaving many traditional financial institutions (FIs) to stand idle and offer little in the way of digital-native products and services. “Unless you’re a large firm that can interlink them together, these products never talked to each other.

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How APIs, The Gig Economy Drive Payroll-Accounting Connectivity

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With Open Banking business models inspiring FinTech innovators to explore other use cases for data integrations, the B2B financial services market has seen a swath of collaboration between traditional financial institutions and FinTech firms — and between FinTech firms themselves. Technological Barriers. A Changing Payroll Landscape.

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APIs Raising Tough Questions About FinServ Innovation, Competition And Data Privacy

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The B2B payments industry is finally beginning to hustle when it comes to technological innovation. And as traditional financial institutions (FI) begin to view the value of collaborating with FinTechs, these banks can similarly shake their reputation for being innovation laggards and promote B2B payments progress while they’re at it. .

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APIs Raising Tough Questions About FinServ Innovation, Competition And Data Privacy

PYMNTS

The B2B payments industry is finally beginning to hustle when it comes to technological innovation. And as traditional financial institutions (FI) begin to recognize the value of collaborating with FinTechs, these banks can similarly shake their reputation for being innovation laggards and promote B2B payments progress while they’re at it. .

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Bank-FinTech Tie-Ups Continue Despite SMB Skepticism

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While Open Banking initiatives and data integrations between banks and FinTech firms have begun to target corporate and small business (SMB) end users, new research out of the U.K. HSBC Targets Treasurers With APIs. In an announcement , HSBC revealed the launch of its Treasury APIs for corporate clients across 27 markets.

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Hong Kong’s JETCO Unveils APIX Platform; Terra To Pilot Blockchain Payments In Mongolia

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Welcome to The Axis, your late look at payments news from around the world. Coverage includes the unveiling of an application programming interface (API) platform with Joint Electronic Teller Services Limited (JETCO) in Hong Kong.