It has been reported that HSBC, a British multinational investment bank, has announced several new treasury APIs that will serve 27 markets around the world. These new APIs aim to improve the transparency and efficiency of financial transactions for HSBC’s customers.
As PSD2 starts to take shape in Europe, ING has published three new open banking APIs in France. The APIs include an Account Information API, Payment Initiation Services API, and Confirmation of Availability of Funds API. This is a starting point, and ING is working on additional APIs soon to come.
The SWIFT Institute has announced the 2018 SWIFT Institute competition which challenges Australian-based students to find ways to protect personal information and other sensitive data in open data environments. This year’s challenge focuses on financial services and open banking APIs.