Reimagining banking, DBS launches world’s largest banking API developer platform — DBS Bank — “With 155 APIs at launch for Singapore across more than 20 categories such as funds transfers, rewards, PayLah! and real-time payments, the platform will offer the world’s largest number of, and most relevant, banking APIs… More than 50 companies including household names such as AIG, McDonald’s, MSIG, PropertyGuru, as well as start-ups like Activpass, FoodPanda, Homage, and soCash have already hopped onto the platform.”
API
Visa makes it easier to integrate emerging authentication technologies
Visa ID Intelligence moves payment security beyond passwords — Visa — “Available through Visa Developer Platform, Visa ID Intelligence offers a curated selection of leading third-party authentication technologies with simple integration using Visa APIs and SDKs — allowing clients to create, test and adopt new authentication solutions.”
Nacha selects first five US payment APIs
Nacha’s API Standardization Industry Group names first five APIs to develop to support payments industry advancement — Nacha — “The API Standardization Industry Group, formally created in spring 2017, is working to further efforts to standardize the use of APIs in the US financial services industry by creating an ‘API playbook’ or standards framework. In support of that effort, during its most recent meeting, the API Standardization Industry Group named the first five APIs — from a larger list of 16 — that it will develop to support payments industry advancement.”
Antelop to add Visa token support to white label NFC mobile wallet platform
PARTNER NEWS: Antelop Solutions has signed up for the Visa Ready Tokenization program as an HCE Token Requestor Token Service Provider (TR-TSP) and plans to become Visa Ready certified, enabling it to connect its HCE NFC software-as-a-service mobile payments platform to Visa Token Service... More
Macquarie open banking APIs let customers share transaction data with third parties
Macquarie to give customers data control with new open banking platform — ZDNet — “Information the new platform can share includes personal banking data such as a customer’s transactions and home loan balances, as well as their business and wealth information. It can be plugged into third-party providers like budgeting apps and accounting software, not just competing financial services providers; however, the third-party provider must meet Macquarie’s open platform standards and security criteria before it will turn over the data.”
W3C: All major browser makers ‘now implementing Payment Request API’
Standards for streamlined checkout gain traction — World Wide Web Consortium — “With these technologies, users no longer complete web forms to provide payment credentials, shipping information, and contact information. Instead, the user registers support for different payment methods — such as card payments, proprietary native mobile payments, bitcoin or other distributed ledgers, or credit transfers — with the browser or other user agent.”
Apple launches Watch Series 3 with electronic SIM and tap-to-connect GymKit support
The latest edition of the Apple Watch will come with a version that includes built-in support for cellular communications, enabled via a built-in “electronic SIM”, Apple COO Jeff Williams has revealed... More
UK challenger bank unveils open banking marketplace
Starling Bank’s Marketplace goes live — Starling Bank — “The Starling Marketplace is a brand new concept in banking whereby products from other fintech providers — and in the future lifestyle products — can sit within an easily browsed ecosystem all from within the app. These partners integrate with Starling Bank using their Open Banking and PSD2 compliant APIs… Starling is the first bank to have fully open, PSD2-ready APIs that allow collaboration between fintech companies.”
Open Banking launches account information and payment initiation API specifications
Open Banking launches account information and payment initiation API specifications — Open Banking — “The payments initiation API will enable third parties to set up secure payments on behalf of customers and, once authorised by the customer, submit the payment for processing. The specification currently caters for the submission of a single, immediate, domestic payment from UK personal and business current accounts and is payment scheme agnostic.”
Safaricom to upgrade M-Pesa to new platform
Safaricom to upgrade M-Pesa to new platform — Safaricom — “Following the upgrade, M-Pesa customers are set to benefit from an increase in the number of partners offering their services on the enhanced M-Pesa platform. This will be made possible through a new set of Application Programming Interfaces (APIs) that will simplify the process of integration into M-Pesa, cutting down the time it takes from weeks to a few days, or even hours.”
Mastercard launches several new APIs for developers
Mastercard launches several new APIs for developers — Mastercard — “The enhanced suite of APIs includes new offerings focused on Masterpass QR, spend alerts and controls, Qkr! with Masterpass and chatbot solutions.”
Scotiabank adds multi-loyalty programs to mobile banking apps
Customers of Canada’s Scotiabank can now add, access and track their loyalty cards from 18 different programs using the bank’s mobile banking and My Mobile Wallet apps, which have been integrated with “multi-loyalty program functionality” supplied by loyalty network Points... More
Antelop launches HCE SaaS solution to quicken time-to-market for banks
PARTNER NEWS: Antelop Solutions has unveiled a new Mastercard and Visa compatible software-as-a-service (SaaS) platform which allows banks to build HCE-based NFC mobile payments into their own apps more quickly... More
BBVA makes eight APIs available to kickstart open banking program
Spanish bank BBVA has launched its open banking program by making eight of its APIs commercially available for the first time, meaning that third-party companies including startups and developers will be able to build new products and services by accessing and integrating customers’ banking data into their applications. More
Android Pay gets improved loyalty features and eases redemption at the point of sale
Google has unveiled a range of new features for Android Pay designed to make it easier for users to save their loyalty cards to the mobile payment service and use Android Pay’s Smart Tap technology to redeem points and offers at the point of sale through a single tap of their NFC device. More
Google to let users make in-app and online payments with any stored card and add P2P payments to digital assistant
Google has unveiled a new payment API that will allow customers to make payments through third party mobile apps, websites and the company’s voice-based Google Assistant using “any credit or debit card stored in their Google account” from across a range of services including Android Pay, Google Play and Google Chrome. The API will also let customers use a stored card to complete transactions via a new peer-to-peer (P2P) payments feature that will be added to the digital assistant. More
NXP links Android Things IoT platform to the Google Cloud
NXP has announced that its Android Things platform now supports the new Google Cloud IoT Core, enabling enterprise and city developers to use NXP’s platform “to help create a smart, interconnected system of devices that are securely managed and provisioned through the Google Cloud”. More
Android O to offer autofill for payments
The next version of Google’s Android operating system will include a new API that enables mobile apps to add autofill services which automatically enter a user’s passwords, payment details and other personal information... More
Singapore to add open APIs to government IDs
The Singapore government is to add open APIs, biometrics and encryption to its digital identity system, as well as launch a mobile P2P service to allow money transfers using mobile phone numbers... More
Nordea launches PSD2-inspired Open Banking portal
Nordic bank Nordea has launched the first version of its Open Banking/Open API portal, offering third-party developers the chance to collaborate with the bank as part of the requirements laid out by the European Payment Services Directive (PSD2)... More
