APIs

Europe's PSD2 doesn't directly impact Hong Kong, but its monetary decision makers support open banking frameworks, sparking a network of banks to support that effort through the help of HSBC and Swift.

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.

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.

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 he has planned when he becomes CEO of Wells Fargo.

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

The bank has developed APIs to feed customer data directly to seven fintechs and data aggregators, including MX and Finicity.

When the payments industry's decision makers gathered in Los Angeles at SourceMedia's annual PayThink conference, certain topics dominated the discussion.

As incumbent merchant acquirers have gotten larger through massive M&A deals, Stripe has been bulking up as well, including a fresh investment to fuel a cross-border merchant technology stack.

The deal between one of the largest U.S. banks and a dominant data aggregator is designed to give customers more control over their data.

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.