News Topic: APIs

The Pittsburgh company is not interested in bank acquisitions, CEO Demchak says; why Citi, Wells, JPMorgan are seeing a spike in API calls; FHFA's Mark Calabria details next steps on GSE reform; and more from this week's most-read stories. ... Read full article

Hint: For their e-commerce clients, it's all about faster payments. ... Read full article

The bank helped raise $25 million for the fintech because of its potential to bring banks and nonbanks together in a virtual marketplace. ... Read full article

Bond Financial Technologies' platform is designed for community and regional banks seeking fintech expertise. ... Read full article

Don Cardinal of FDX and Olivier Helleboid of Intuit explain the FDX and OFX standards, how they're turning them into one standard and what that standard will be able to do for banks. ... Read full article

The former head of the Small Business Administration and current Harvard professor says data sharing can be transformational for banks. ... Read full article

The likelihood of Fed rate cuts is causing banks to plan for less net interest income, but it would be a mistake for JPMorgan to back off its move into new markets and tech investments, Jamie Dimon says. ... Read full article

Radius Bank in Boston is adding insurers, personal loan providers and wealth management to its platform, copying a playbook popularized in Europe. ... Read full article

Synapse is working to refine its application programming interfaces to meet know-your-customer and other complex requirements, but it's a tall order, the head of the back-office-services platform says. ... Read full article

Suspense builds on what the new name of merged BB&T-SunTrust will be; JPMorgan Chase CEO Jamie Dimon says Wells Fargo 'irresponsible' for lack of CEO plan; how APIs are being used at Citi, BBVA and other leading banks; and more from this ... Read full article

The London firm lags the three largest U.S. vendors but bets its new open banking platform can win it more business. ... Read full article

In the past few years, APIs have become a surprisingly hot topic, considered by many as a golden key to open banking and innovation. ... Read full article

The Italian family that founded a bank in the 14th century and pioneered branches and letters of credit is now setting up a tech-forward, crypto-friendly disruptor in the United States. ... Read full article

In his first extensive interview since taking the job this year, Javier Rodriguez Soler talks about banking as a service, how to keep customers happy and where he sees AI and other tech innovations heading. ... Read full article

Corporations now have more access to consumer financial information than ever before. The question is whether banks will be the ones to help firms harness this data. ... Read full article

An executive at the Rhode Island company said the complexity of business lending remains an obstacle to switching to entirely automated, paperless operations. ... Read full article

Banks want to encourage innovation by extending access to outside developers, but customer data remains vulnerable while in use by an application. ... Read full article

Thanks to big tech companies, the business world is moving to third-party platforms, or online marketplaces where sellers pull buyers' products off digital shelves. A growing number of financial institutions — including BBVA, Citi and community banks ... Read full article