“Klarna Kosma is an API that other companies can integrate in their apps and services. These companies can leverage Klarna’s API to access account statements, initiate payments, fetch banking information and refresh this data regularly. Klarna is better known for its “buy now, pay later” products. In some countries, Klarna lets customers connect to their…
Tag: API
Fintech Roundup: Banks beginning to view fintechs as frenemies
“As part of its efforts to stay on top of all things digital, Truist opened a 100,000-square-foot innovation and tech center. Some of the things the bank is getting serious about, according to Case, are cloud architecture, data and analytics. It’s even built an “API toolkit and playbook” that he describes as “very important” to…
Founded by ex-Braintree and PayPal execs, Pagos raises $10M to offer API-driven payment intelligence
“Started earlier this year, the remote-first Pagos is building a data ‘platform’ and API-driven micro-services that it says can integrate with any payment stack. The end goal is to drive better performance and ‘optimization’ of a business’ existing payments infrastructure. In the short term, Pagos is offering services such as ‘immediate’ payment data visualizations, automatic…
Banking Technology 2021: What’s Hot and What’s Not
“In Forrester’s report, ‘The Top Emerging Technologies in Banking in 2021,’ multiple forms of AI were on the hot list, including machine learning; deep learning; natural language understanding, generation and processing; and even ‘computer vision.’ The report indicated that financial institutions ‘are doubling down on the role that AI will play in digital transformation.’ ‘There’s…
The 5 Hottest Technologies In Banking For 2021
“In Cornerstone’s What’s Going On in Banking 2021 study, the top five technologies for 2021 are: 1) Digital account opening; 2) Application programming interfaces (APIs); 3) Video collaboration; 4) P2P payments; and 5) Cloud computing. Nearly half—44%—of banks and a quarter of credit unions expect to add a new or replacement consumer digital account opening…