Pelican AI, a provider of AI-powered payments and financial crime compliance solutions, has announced that the Pelican API Interoperability Hub now offers open API connections to 2,187 banks across Europe. A milestone for PSD2 connectivity Europe-wide with connectivity spanning 29 countries.
Mobile payment service Venmo, which is owned and operated by PayPal, abruptly shut off new developers from its public API, which handles payment invoices and distribution of receipts to external web services. Venmo had created confusion after first stating that it was shuttering its API altogether.
Veem (formerly Align Commerce) has launched its Multi-Rail API which allows applications to send international payments via modern block-chain technologies, treasury, and third-party payment processors. The Veem platform uses multi-rail payment technology including blockchain electronic rail.