Pelican beta API Interoperable Hub platform goes live

Published On : 06/13/2018

Pelican launches beta API Hub for banks to access innovative developer sandbox for account information and payment initiation services 

LONDON – Pelican, a global provider of payments and financial crime compliance solutions to banks and corporates, has announced the live ‘beta’ launch of its pan-European API Hub for banks. This builds upon the recent formation of subsidiary company PelicanPay, an API interoperability platform specially tailored for fintechs and Third-Party Providers (TPPs).

The Pelican API Hub (pelicanpay.com/developers) provides banks seeking to adhere to or participate in open banking initiatives, with a truly pan-European API interoperability service, capable of connecting to over 6,000 banks through a single API.

In addition, it enables banks to rapidly develop their own innovative solutions or implement specific custom API requirements.

The Pelican API Hub will be of particular interest to established banks seeking to rapidly deploy their own innovative TPP solutions, or that have a requirement to offer multiple API standards.

Parth Desai, founder and CEO of Pelican, commented: “The Pelican API Hub enables banks to reach a European-wide market through a single API of their choice. The beta access programme launched today allows banks to work with the Hub and better understand how a pan-European API conversion and aggregation platform can benefit their business. The advantages go far beyond API interoperability. By using the highly functional Pelican API Hub, banks are able to rapidly build their own innovative solutions, and indeed operate themselves as Account Information Service Providers (AISPs) and Payment Initiation Service Providers (PISPs).”

Wanda Rich

Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication’s content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.