The bank has begun running one app on a vendor’s cloud, with more to come – within strict parameters regarding security.
In the run-up to Hong Kong Monetary Authority’s setting an API policy, consumer banks are jostling to make themselves heard.
Commercial banks KBZ and CB join the money-transfer app's network.
Co-founder Ned Lowe says the ambition is to service much larger buy sides, taking on established vendors and prime brokers.
Allianz is pursuing a raft of partnerships in which customer data is valued over traditional commercial metrics for a project, which in turn is impacting product design.
Private banks use the service to cater to the top segment of wealth, but Prive CEO Charles Wong argues the economics of software make these tools marketable to...
Baasis wants to match its bank partner to a slew of fintech companies. Can this create a new pan-Asia digital banking model?
Relationships in the new API economy between fintechs and banks are not yet settled.
As banks quicken the pace of digital product development, the biggest institutions have the private network to keep cloud in-house.
As banks open their APIs to third-party fintech companies, contractual questions will arise.