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September 27, 2019
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Take Twitter, add its concepts as a platform to banking and you get BankSimple, the unlaunched startup that you will definitely want to keep your eye on. BankSimple is a new take on online banking created by Twitter's former API guy, Alex Payne. BankSimple is aiming to create a banking platform, much as Twitter became a messaging platform.
Payments NZ, a governance organization that helps oversee New Zealand's payments system, has announced a pilot of two new open banking APIs. One will allow developers to access account data and the other will allow developers to connect directly to banks to make credit payments.