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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 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. .

API 76
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API Exchange Debuts In Hong Kong

PYMNTS

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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Deep Dive: How Small FIs Use Third Parties, Gradual Integrations To Guide New Payment Rail Adoptions

PYMNTS

The demand for faster payments is growing as companies look for swift, data-rich ways to transact. One study from 2019 found that 54 percent of 120 financial executives listed real-time payments as one of the most impactful emerging technologies, for example. Direct Connection Versus Third-Party Provider.

RTP 67
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Payroll Gears Up To Leapfrog Into APIs, Faster Payments

PYMNTS

” An API-First Strategy. Application programming interfaces (APIs) have been instrumental in propelling emerging payroll technology companies to compete with incumbents, said Hall, pointing to PayRun.io as a company “built with API as the starting point,” making it an attractive acquisition target for Payescape.

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New Data Security Requirements for ACH Originators

Agile Payments

The rule requires the originators (and third party service providers) to protect bank account information unreadable when it's stored electronically. Basically, the sensitive bank account data needs to be tokenized.

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In Profile: Thomas Gillan, CEO of BR-DGE

The Fintech Times

Founded in Edinburgh in 2018, BR-DGE is a payment orchestration provider on a mission for hyper-growth. The company enables enterprise merchants, financial institutions, platforms and payment providers access payment tools and products via a single integration.