Open Banking API RSS
Two major trends stand out in today’s payments acceptance ecosystem: globalisation and digitisation. We’re all transacting, operating and trading on an increasingly global stage, while new payment types and form... more
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There can be little doubt after this year’s Sibos that digital disruption drives new ecosystems, marketplaces and businesses; thus, changing the game for how banks connect to their clients and how banks run their businesses – Open banking and APIs are coming, and it is time for banks to reinvent their business models and embrace [...]
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The Banking Industry Architecture Network (BIAN), an independent, not-for-profit association, has published an updated version of its standardised global IT architecture model for Open Banking. Titled, Service Landscape 6.0 (SL6.0), the model contains definitions for 26 new types of semantic API, like “Execute Customer Onboarding” and “Customer Offer for Consumer Loan”, providing banks and software [...]
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In July the Open Banking Implementation Entity released specifications for the ‘Read/Write’ payment initiation and account information Application Programming Interfaces (APIs) that will go live in January 2018. This follows the release in March 2017 of the ‘Open Data’ APIs, offering standardised information on UK banking products and the location of branches and Automated Teller [...]
Spanish bank BBVA says it is open for business with its Open Banking programme and is making eight of its APIs commercially available for the first time ahead of the new PSD2 regulation. The launch of BBVA API Market comes after the Spanish bank says it spent more than a year working with developers and businesses to [...]
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