APIs

APIs allow businesses in every market to make payments online, quickly extend their own payment functionality and roll out new features with minimal effort, writes David Yohe, vice president of marketing at BillingTree.

Ingenico's $1.7 billion deal to buy Sweden's Bambora will reduce the company's reliance on brick and mortar retail while arming it for battle in the highly competitive market for digital commerce and payments.

The white-label banking platform provider Urban FT has purchased the mobile banking technology firm iParse and several of its patents.

Open APIs can bring speed and flexibility to P-to-P payments, e-commerce and financial services. But there's also identity and performance risks that banks need to address, writes Rahul Singh, president of financial services at HCL Technologies.

Shopify merchants selling in the U.S. will be able to list and sell products on eBay through a single dashboard via a direct integration between the two e-commerce giants that goes live this fall.

Since e-commerce merchants often operate without walls, it makes little sense to operate with borders.

The companies will use an application programming interface to let Chase customers send the data to the apps Finicity supports, including personal financial services apps and income verification tools.

Readers this week highlighted the need for banks to upgrade payments systems, debated a small bank’s decision to ditch its legacy core vendor, lamented populist initiatives of the GSEs, and more.

Though they face an array of competitive threats — from digital currencies to peer-to-peer payment apps — the vast majority of community banks do not have a payments strategy, according to a recent survey.

With a new core system, Surety Bank plans to connect with customers outside of its geographic market.

The card network is additionally providing new and experimental application programming interfaces with its latest release.

The announcement follows the completion of the merger of D+H and Misys by their owner, Vista Equity Partners.

Financial institutions are understandably concerned about sharing sensitive member data, but a fintech startup with credit union DNA is looking to change that.

The following is a recap of the 2017 slate of honorees picked by the tech journalists at American Banker, led by Digital Banker of the Year Michelle Moore of Bank of America and including four finalists.

By making it easier and safer to share data with third parties, Wells Fargo's Brett Pitts says he is strengthening the bank's relationships with customers.

Amidst all of the complexities that e-commerce businesses have in completing or accepting cross-border payments, PayU says the application programming interface (API) can make the biggest difference.

Banks in the U.S. should get ahead of potential open banking regulation by building application programming interfaces now. A preemptive strategy will give banks more flexibility.

The Spanish bank is opening its APIs to outside developers as Bank of America tests a new data-sharing model with aggregators.

Europe is debating whether to ban screen scraping, a practice that fintechs count on as a last resort. Innovation is at stake.

'Gig' companies often run into a snag when trying to integrate payments for a complex network of contractors, freelancers and other small clients, a challenge Jeff Shea hopes open development techniques can conquer.