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.

The company's Drop-In Components allow developers to verify important data without extensive coding.

The company's payment processing platform supports the likes of Uber and Square in their ambitions to create all-in-one offerings that bundle financial and other services.

The card network is connecting its Enhanced Authorization system with products from Accertify, Microsoft and Riskified, providing Amex with more data at the time of the transaction.

EU regulation permits digital connections between banks and fintechs, creating ways for pension providers and brokerages to streamline payment acceptance and cut costs by replacing manual processes with automated ones.

The Australian bank's stakes in technology firms Little Birdie and Amber add price shopping for point of sale credit and bill pay.

U.K. and EU regulations enable cards that provide digital-first features for funds kept in a different bank's account.

Snippets API combines with other APIs to produce marketing and sales programs for merchants.

Legacy vendors are competing more aggressively to modernize payroll, insurance payouts and data sharing.

Banks face increasing competition from fintechs, third-party lenders and large technology companies as customer demands evolve, says Mastercard's Fabrizio Burlando.

Visa has expanded its push payments platform to enable businesses and their customers to make real-time domestic and cross-border payments.