Banks have relied on APIs for two decades. They enabled open banking, fintech integration, and the rise of embedded finance. But today APIs are becoming a bottleneck. 🔴 Partner onboarding takes months instead of weeks. 🔴 Each new endpoint expands the attack surface. 🔴 Regulations and workflows force constant re-engineering. 🔴 Institutions spend millions annually just to maintain API programs. This is why I believe the Model Context Protocol (MCP) will become the new standard for financial connectivity. Instead of exposing raw APIs, banks provide task-specific interactions mediated by an AI layer. The result is faster onboarding, lower risk, and compliance built into the design. Finpace has been the first to embed MCP as part of an AI-native banking core, proving that agility and security can finally reinforce one another. https://lnkd.in/dTpujr7J
How Model Context Protocol can solve API bottlenecks in banking
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🎉 Happy Monday! 📰 This week in FinTech: SEC launches AI task force, tokenization & agentic AI rise as key trends, CFPB overhauls open banking rules, PWG pushes banks into digital assets, and AI-native i-bank OffDeal raises $12M. More 👉 https://lnkd.in/efw9MpTA #Fintech #AI #OpenBanking #Tokenization #DigitalAssets #Startup #Banking
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"UK financial services - this one's for you! With FCA compliance requirements tightening and customer expectations rising, this 8x8-MNET partnership delivers game-changing capabilities for UK banks, credit unions, and fintechs: 🔐 Real-time core banking integration - Agents get instant access to customer account data from systems like Jack Henry & Fiserv, directly within 8x8 Contact Center ⚡ Faster resolution times - No more toggling between multiple systems or putting customers on hold while searching for information 🤖 Smarter self-service - 8x8's Intelligent Customer Assistant powered by live customer data means fewer transfers to agents 🛡️ Security-first design - Built specifically for financial services compliance with robust data protection measures The result? Your customers get faster, more personalised service while your agents become significantly more efficient. This isn't just another integration - it's purpose-built middleware that understands the unique challenges of the financial services market."
Finally, fintech communications that are fast, safe, and secure. Banks and credit unions require deep security, and deserve streamlined systems. We're here to give you both. 8x8 is proud to announce our partnership with MNET. With the power of MNET's CoreAccess+ integrated into our platform, we can authenticate faster, offer smarter self-service, and handoff seamlessly between bots and agents, all while maintaining strict security and compliance standards. Thank you to MNET for being a valuable part of our Technology Partner Ecosystem! The future of fintech CX is now one step closer. Get the whole scoop on this new partnership here: https://bit.ly/4mJlmiY
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💡 Fintech Uncovered: How Technology Is Transforming Finance Not long ago, banking meant long queues, endless paperwork, and limited access. Today, with Fintech, financial services are faster, smarter, and more accessible than ever before. ✨ Here’s how technology is reshaping finance: ✅ Payments without Borders – multi-currency gateways, instant transfers, and digital wallets ✅ Financial Inclusion – giving access to banking services for the unbanked and underserved ✅ Stronger Security – PCI-DSS, PSD2, AI-driven fraud detection, and 3DS2 authentication ✅ Smarter Investments – algorithmic trading, robo-advisors, and blockchain-powered assets ✅ Seamless Experiences – mobile-first platforms bringing banking to our fingertips Fintech isn’t just a buzzword—it’s the engine of modern commerce, bridging gaps between innovation, trust, and opportunity. 👉 The future of finance is digital. The only question: How ready are we to embrace it? #Fintech #Innovation #DigitalPayments #FutureOfFinance #GlobalBusiness
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Senior Software Engineer & Tech Lead | Payments | Fintech | End-to-end delivery | Terminals + Backend | Greenfield & legacy modernization | EMV L3 • PCI • ISO 8583/nexo | Java/Kotlin • Node/TypeScript/JS • C/C++ | AWS
In payments and fintech, "working" means money-correctness first. My latest piece breaks down how to choose the right architecture in 2026—trade-offs, defaults, migration paths, and the non-negotiables: PCI scope, EMV/3DS, idempotency, ledgers, reconciliation, and risk. https://lnkd.in/g_RjTcZU
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🔍 Did you know that 60% of banks still rely on legacy issuer systems built over 20 years ago? These outdated platforms create hidden costs, security risks, and slow down innovation - especially when customers expect real-time, digital-first experiences. Check out the article that breaks down the importance of switching to modern issuers covering: ✅ Why modernising unlocks real-time performance, flexibility, and regulatory-ready security ✅ How cloud-native, API-first platforms allow for rapid product launches, seamless fintech integrations, and instant scalability ✅ Phased, low-risk migration strategy that protects data integrity, ensures business continuity, and supports both “big bang” and gradual rollouts Take the pivotal first step and modernise your issuing system! 👉 Read the full article here: https://lnkd.in/d7XxqfSn
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The future of banking isn’t about chasing trends, it’s about building a foundation that lasts. As digital adoption accelerates, banks face a critical challenge: how do you ensure today’s tech investments remain adaptable, integrated, and scalable for tomorrow? In our blog, we explore: ✅ Why adaptability beats one-off “revolutions” ✅ How interoperability powers ecosystem-based banking ✅ What scalability really means in the digital era At Tagit, we believe the winners will be those who invest in modular, API-first, cloud-native platforms designed to evolve with customer needs and regulatory demands. 💡 The question isn’t if you need to modernize, it’s whether you’re building the right foundation for the future. 👉 Read more: https://lnkd.in/gReSv2MG #DigitalBanking #FutureOfBanking #BankingInnovation #Fintech #MobeixPlatform #CloudBanking #Scalability #Adaptability #Integration
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The engine driving today’s fintechs? Advanced core banking. Building the future of finance means having a core banking system as dynamic as your vision — one that moves as fast as your ideas. A strong core banking system delivers: 💡 Real-time account and balance tracking with full auditability ⚙️ Flexible product configuration, covering everything from currencies to pricing rules 🔒 Built-in compliance automation to stay ahead of regulatory demands 📊 Powerful analytics for complete operational transparency At COLIBRIX TECH, we craft open-source core banking platforms designed to keep companies compliant, agile, and fully in control of their infrastructure. Control your core. Own your future.
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Open Banking has grown far beyond data sharing, it’s now shaping entire financial ecosystems. From AI-driven personalization to Banking-as-a-Service (BaaS) and embedded finance, this evolution is transforming customer relationships, competition, and regulatory landscapes worldwide. As banks, fintechs, and regulators adapt, the focus is clear: innovation with trust, inclusion, and security at its core. 🔗 Read the full article here: https://lnkd.in/dxAJFcuK #OpenBanking #FinTech #DigitalTransformation #FinancialServices #Innovation #BaaS #EmbeddedFinance #FutureOfFinance
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