November 18, 2019
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Screen scraping has bridged the connection gap between banks and fintech for decades, but banks are now starting to deprecate it because of PSD2. bunq has managed to build a growing community around its open API since 2017, and it serves as an example for other European banks striving to innovate.
TransferMate has offered white label payment services to many customers across the globe. This allowed such customers to leverage TransferMate's global banking footprint to ensure compliance across the world. Now, TransferMate is making this service available through an API.
JETCO has opened an API exchange for banks regional to Hong Kong. The exchange provides a single access point to over 200 APIs from 13 banks. The APIs provide access to banking services offered from the participant banks. The API exchange is open for developers across industries.