News Topic: APIs

Visa's deal to acquire the data aggregator Plaid is likely to have ripple effects throughout the industry, including less fintech-tech tension over sharing data. ... Read full article

In the battle to control consumer data, Visa has made a major score by agreeing to acquire Plaid, a technology company that it could have seen grow into a competitor. ... Read full article

Quontic Bank is offering high-interest, digital-only savings like others, but it says its secret sauce is homegrown technology that optimizes deposit prices. Financial bloggers have taken notice. ... Read full article

Digital banking will become less visible because it will be embedded in other daily activities with the help of AI, voice interfaces and other emerging technologies. ... Read full article

The bank is leaning on its direct API relationships with the major data aggregators rather than letting third parties ask customers for usernames and passwords to access account information. ... Read full article

Still trying to figure out whether to build gateways to your bank's data and systems? Here’s why you should transition. ... Read full article

Radius Bank is letting consumers open accounts through NerdWallet as part of its banking-as-a-service offerings to reach customers through third parties. ... Read full article

The largest U.S. bank will share data through application programming interfaces with a sometimes-controversial data aggregator. ... Read full article

New tech like APIs and artificial intelligence will help consumers manage all their finances through an app, rather than just transfer funds. ... Read full article

Consumer demand for digital financial services will inspire a wave of new partnerships. ... Read full article

The financial services industry has struggled with how best to explain privacy and data-sharing practices to customers. Mastercard is offering a new framework. ... Read full article

PrecisionLender, the digital banking software vendor's largest acquisition to date, sells sales coaching software. ... Read full article

Leveraging new technology and APIs, Fiserv has rolled out CheckFree Next, a major update of the core CheckFree bill payment technology Fiserv acquired in 2007. ... Read full article

The fintech provides API support to Chime, Varo Money and other challenger banks. ... Read full article

Susan French, head of product at BBVA Open Platform, discussed the bank's vetting of fintech partners and how it deals with the competitive threat that their products present. ... Read full article

Fincen and others say third parties are proving to be treasure chests for crooks who create synthetic identities, but aggregators argue they help detect risk banks can’t see. ... Read full article

In the payments world, Scharf is best known as the CEO of Visa Inc. from 2012 to 2016, where his strategies for faster payments, fintech partnerships and other key issues may shed light on what Scharf has planned when he becomes CEO of Wells Fargo. ... Read full article

TransferWise once marketed itself as Robin Hood-style rival to banks. Now it sees itself as an ally. ... Read full article