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SatchelPay Supports the Open Banking API by Launching OpenX

POSTED ON: 10 Sep, 2019

SatchelPay Supports the Open Banking API by Launching OpenX

September 10, 2019, Vilnius, Lithuania, — SatchelPay, an EU-based EMI announced its launching of the OpenX, a tool that exposes a range of data via API to third-party financial service solution providers including payment initiators, account aggregators, and other emerging fintechs. These APIs are designed and documented to support PSD2…

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All you need to know about open banking.

POSTED ON: 10 Jun, 2019

All you need to know about open banking.

Open banking is a system that uses APIs (application programming interfaces) in order to connect financial institutions into one network. The system has a set of basic standards that regulate the way financial data is created, shared and accessed by the various players in the scene. Shifting away from centralization…

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Open Banking for Beginners

POSTED ON: 12 Apr, 2019

Open Banking for Beginners

If you are interested and familiar with the sphere of financial technologies, you have sure heard the words Open Banking on multiple occasions, especially after the implementation of PSD2 in the EU. It often appears on various media channels, yet there is rarely a specific definition given to the term…

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What are APIs and how are they reshaping the financial industry?

POSTED ON: 29 Mar, 2019

What are APIs and how are they reshaping the financial industry?

Those involved in the sphere of finance have sure noticed the recent overflow of information on the topic of open banking. This fairly new concept is expected to bring around a set of challenges and possibilities for the companies that operate in the industry. Although it is not yet clear…

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