API standardization in Open Banking can be likened to forging a universal financial lexicon. By adopting a standardized protocol, diverse financial systems can harmonize their operations, giving birth ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The partnership marks a significant step, combining Ozone API’s leading ...

If a business wants to let a software program consume its banking data, it typically needs to go through a long series of processes, involving extensive paperwork and implementation, to do so.

Artificial intelligence (AI) isn’t the only technology driving digital transformation. For banks, retailers and enterprise businesses, open banking and application programming interfaces (APIs) are a ...

Canada’s Finance Ministry has been holding discussions with stakeholders for several years about introducing open banking, which uses secure application programming interfaces (APIs) to share ...

Application programming interfaces (API), open banking and banking as a service (BaaS) are making banking easier than ever, and the old ways of controlling finances and doing business are becoming ...