Philippines’ UnionBank picks IBM Cloud for app overhaul

IBM working with Standard Life and ING Direct Australia

UnionBank of the Philippines (UnionBank) has selected IBM Cloud to build, deploy, run and manage new apps for its digital customer base. Through the IBM Bluemix cloud platform and IBM API Connect, UnionBank says it can create, manage, secure and run APIs that the bank has made available internally and run them externally for consumption. […]

Simple’s move to new bank API leaves some customers stranded


Simple, a US-based digital banking service founded in 2009, has discovered that moving accounts to its parent bank’s application programming interface (API) is not that simple.

Savings get real with Starling Bank and Moneybox

starling bank

UK challenger bank Starling has teamed up with Moneybox to give its customers access to a suite of saving and investing tools. Starling says it is the first digital challenger to join the list of banks supported by the Moneybox app for its “round ups” feature. The service will be available to Starling customers at […]

OP Financial Group enlists Token to develop new payment solutions


OP Financial Group has partnered with Token, a Silicon Valley-based crypto-payment software provider. Token says the agreement will enable the Finnish bank “to innovate in the European open banking market and generate new revenue streams via future payment solutions”.

Finicity first to ink data exchange deal with Wells Fargo

Wells Fargo

Wells Fargo and data aggregation provider Finicity have signed a deal that provides an API-based method for sharing Wells Fargo customer information with the financial apps and services that Finicity supports.

Top fintech stories this week – 3 March 2017

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Starling Bank launches open banking hackathon

starling bank

UK challenger bank Starling is to host its first hackathon, opening up its API to outside developers. According to Starling, the hackathon makes it the first UK licenced bank to launch a public API in keeping with the ambitions of the Second Payment Services Directive (PSD2) and the open banking initiative. Megan Caywood, chief platform […]

Standard Chartered launches open banking API developer portal

Standard Chartered on a major cost- and job-cutting spree

Standard Chartered has unveiled its Open Banking Application Programming Interface (API) Developer Portal for transaction banking. The launch is part of its “digitisation agenda” and to increase collaboration with corporates, fintech firms and developer communities. The portal will initially provide a repository of API services focused on cash management and then roll out other API […]

Wells Fargo teams with Intuit for data exchange

Wells Fargo turns to SigFig for robo-advisory

Wells Fargo has signed an agreement with financial software firm Intuit to help customers import their bank account data to financial management tools such as QuickBooks Online, Mint and TurboTax Online, via their application programming interface (API). Data imported via these APIs is intended to help customers save time and avoid potential data-entry errors. Brett […]

Modern payments and banking APIs


Modern banking is not limited to banks anymore. It’s not only about online or mobile banking, it’s about all the things you would do in your banking system, but now you can do in apps or other solutions provided by third parties, not banks. Payments are one of such functionalities.