WikiPay Research

API STRATEGIES FOR BANKS AND FINTECHS IN AN OPEN BANKING WORLD

To be in the best position for realizing the benefits of Open Banking, banks at this stage need to translate the opportunities of Open Banking into clear API strategies. In this talk, six API strategy blueprints for Banks and fintechs. These strategies allow banks to leverage Open Banking while still keeping the customer interface – or innovate even further with their APIs and share more of the value chain with fintechs.

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A NEW PUSH FOR PUSH PAYMENTS

This white paper by Mastercard explains that as real-time payments increase globally, Card-based push payments (push-to-card) enable participants to send funds directly to consumers and small businesses via their payment card accounts. Receipt of funds via a payment card, typically a debit card linked to a deposit account, makes for a seamless consumer experience,

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