Global financial cooperative and standards body SWIFT has released a new standard for the pre-authorisation of funds, expected to reduce complexity and support further innovation in Open Banking.
 

New Zealand may have far more to learn from the experiences and regulatory framework of China’s Open Banking regime than the pioneering efforts of the UK, where open data standards “were originally set”, according to Westpac NZ’s Director of Open Banking, Matthew Haigh.
 

DBS bank has unveiled the “world’s largest” banking API developer platform, launching an unprecedented 155 separate APIs for the Singapore market.
 

DBS Bank has launched a fast-tracked electronic payment service for travel insurance claims, a joint initiative with Singapore-based insurer, MSIG.

UnionBank, a technology-centred bank based in the Philippines, has this week announced a substantial redevelopment of their customer-facing platforms.

Tags: 
Citibank has made more than 30 application programming interfaces available to software developments in Hong Kong to help improve the nation’s fintech sector offerings.

Citibank has made more than 30 application programming interfaces available to software developments in Hong Kong to help improve the nation’s fintech sector offerings. 

Financial services aggregator Square had introduced new payment APIs to assist businesses to better management point of sale and e-commerce solutions.

Payments technology company Square had introduced new payment APIs to assist businesses to better management point of sale and e-commerce solutions.

Robo-advice offerings today do not offer any genuine interaction and more work is needed to help create a seamless interface with clients, according to Midwinter’s managing director, Julian Plummer.