The Open Bank Project Platform Android OAuth Java SDK is an open source RESTful API platform for banks that supports accounts, transactions, counter-parties, transfers (payments), entitlements (permissions), metadata (comments, tags, geo tags, urls etc.), multiple views on accounts (my data, shared data, open data), PSD2 compliance and more. The Open Bank Project is an Open source API and Application store for banks.
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.
When a business's various stakeholders consider the decisions to make as they execute an API strategy, the API's business model will prove to be key. But as Ziggeo learned, in the interests of seizing the biggest opportunities, you may have to go back on your initial business model decision.
Xero, the small business platform, recently announced the coming launch of its open banking API, aimed at enabling banks, fintechs and financial institutions to offer their customers faster access to bank feeds. The API will let businesses import data in near real-time via direct bank feeds.