The data aggregator Plaid and U.S. Bancorp have agreed to share bank customers’ account data through an application programming interface, rather than through screen scraping. This is not a first.

If a business wants to let a software program consume its banking data, it typically needs to go through a long series of processes, involving extensive paperwork and implementation, to do so.

What Is An API In Banking? In banking terms, an API (Application Programming Interface) refers to a set of protocols and tools for building software and applications. It acts as a bridge between ...

Banks can face security risks when customers share their financial data using third parties. Citizens Bank built a tool designed to let clients securely and efficiently share data. This article is ...

Companies are always searching for ways to improve the customer experience. For Indian B2B firms, API banking solutions have become a key instrument in achieving such an objective. Such solutions not ...

Artificial intelligence (AI) isn’t the only technology driving digital transformation. For banks, retailers and enterprise businesses, open banking and application programming interfaces (APIs) are a ...

SECURITY Bank Corporation is advancing its technology transformation with strategic investments in modern architecture, ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Live on Finextra, the dashboard presents the activity of the ...

Increasingly banks are moving beyond basic compliance with Open Banking mandates to proactively participate in platforms and ecosystems that better leverage customer data and create truly personalized ...

BERLIN--(BUSINESS WIRE)--API3 has entered into a 10-year development partnership with Open Bank Project to connect over 400 banking & open banking APIs directly to blockchains via API3’s Airnode, all ...

BOSTON--(BUSINESS WIRE)--Radius Bank, a forward-thinking digital bank, announced today the next step in its partnership with API (application programming interface) banking leader Treasury Prime with ...

Managers of brick-and-mortar retail stores make sure to lock the doors and arm the security system before heading home for the night. For organizations doing business online, that’s not so easy. The ...