APIs

Chubb's Banks and the Digital Wallet Race: The Embedded Insurance Strategy looks to gauge how fintechs and banks view embedded insurance.

People love the convenience of nonbanks' financial apps. Regulators could make it much safer for them to share their data with third parties.

The personal financial management app, which has been downloaded 5 million times, was letting some users view emails and other personal information of other customers.

Banking companies are increasingly using application programming interfaces that transfer customer information to third-party money-management apps popular with consumers. But fraudsters are exploiting vulnerabilities in the technology to steal information.

Venture capital firms are pouring money into startups whose data-crunching technology — including machine-learning systems that predict funds availability — speed payments and inform credit decisions in e-commerce.

Buying the cross-border payment and software company can help the card brand provide more services to fast-growing challenger banks.

Salt Labs researchers exploited four types of vulnerabilities in the application programming interfaces of a large financial company. Their findings contradict conventional wisdom about the safety of APIs in the sharing of consumer data.

The San Francisco data aggregator, which also operates out of London, provides international connections between fintechs and traditional banks.

U.S. regulators blocked the card network's attempt to buy Plaid last year for antitrust reasons. Its bid to acquire Tink, a similar company based in Sweden, may have a better shot given European officials' desire to promote open banking.