News Topic: APIs
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Investors bet on tech behind buy now/pay later, open banking
What Currencycloud adds to Visa's diversification push
Are APIs as secure as they're cracked up to be?
In Plaid, European neobanks find an open banking passport
Why Visa is taking another swing at buying a data aggregator
Dwolla streamlines coding with quicker API integration
What Marqeta's IPO says about the future of super apps
American Express links to three anti-fraud platforms
How open banking is transforming financial services in Europe
Commonwealth Bank of Australia developing tech for open banking
Fiserv, Jack Henry find new markets for faster payments
This de novo wants to be the go-to bank for fintechs
CEO Wendy Cai-Lee says Piermont Bank can do it all for financial technology firms: be their commercial banker, be their banking-as-a-service provider and develop APIs and other cutting-edge products for them. ... Read full article
Debit payments surge central to DOJ's suit to stop Visa-Plaid deal
In its lawsuit against Visa, the Justice Department alleges the card network's $5.3 billion deal to buy Plaid is meant to neutralize a competitive threat — even though Visa and Plaid do not see themselves as competing with each other. ... Read full article
Visa $5.3 billion Plaid deal triggers DOJ antitrust concerns
Visa’s $5.3 billion acquisition of Plaid has raised competition concerns at the U.S. Justice Department, which is nearing a decision about whether to sue to block the deal, according to two people familiar with the matter. ... Read full article
BofA adapting consumer tech for use with corporate clients
Bank of America is applying a familiar arsenal — including APIs and its popular virtual assistant, Erica — to online business banking, cross-border payments and cash management in an effort to modernize those services. ... Read full article
Wells Fargo says it has nearly eliminated screen-scraping threat
The company's new agreement with Envestnet Yodlee to share customers' account data over secure pipes is its 17th pact with aggregators and other fintech firms. ... Read full article
Coronavirus put Truist's innovation plans on fast track
The company, the product of a big merger shortly before the outbreak, had to build portals on the fly, help many customers shift to mobile and accomplish in days tasks that once took months, its digital chief says. ... Read full article
The API race, CFPB vs. Citizens, Varo's bank charter: Top stories of the week
Wells Fargo appears to be outpacing its rivals in the API race; CFPB's unexpected showdown with Citizens; Varo gets vital FDIC OK for bank charter; and more from this week's most-read stories. ... Read full article
Wells Fargo escalates the API race
When it comes to customers using application programming interfaces, the bank appears to be outpacing its rivals. ... Read full article