News

Open Banking Pioneer Ozone API Now Available on Temenos Exchange

Ozone API on Temenos Exchange offers the quickest solution to deliver compliant open banking APIs and enable new commercial banking models. Temenos core banking customers can access ‘out of the box’ compliance as well as beyond compliance tools for premium APIs and embedded finance.    

Ozone API, a leading provider of standards-compliant open banking API technology today announced that the Ozone API software solution is available on the Temenos Exchange partner ecosystem of integrated fintech solutions.

The Ozone API is the leading open API solution for banks and financial institutions, delivering ‘out of the box’ compliance with open banking standards and regulations around the world.

Temenos core banking customers can achieve near-instant open banking and open finance compliance. The Ozone API handles the complexity of open banking with out of the box capabilities to stay up-to-date with all global standards, support fine-grained consent management, handle third parties throughout the lifecycle and deliver all of the required capabilities to deliver a great experience for both developers and the bank. Essentially, it provides everything a bank requires.

In addition, the Ozone API has a rich range of capabilities to go beyond compliance and deliver premium and value-adding APIs in order to unlock new revenue streams and drive growth.

Temenos Exchange brings innovation to market faster, and at scale. The ecosystem offers pre-integrated and approved fintech solutions that can be easily deployed on top of Temenos’ open platform for composable banking, enabling banks to accelerate the creation of new financial services, while reducing the costs of development.

Martin Bailey, Director of Innovation and Ecosystems, Temenos, said: “Temenos Exchange acts as an accelerator for fintechs and software developers, helping them develop, validate and monetize new banking solutions. Joining Temenos Exchange means Ozone API can write once and be readily available to the thousands of banks globally that run on our platform.”

Huw Davies, Co-founder and Chief Commercial Officer at Ozone API said: “We’re on a mission to help banks adapt to and thrive in the new world of open banking and remove complexity along the way. We’re really excited to join the Temenos Exchange and make it super simple for any Temenos bank to deliver great open banking APIs that comply with regulation and go beyond compliance.”

Recommended articles

Essential guide to UK Open banking standard v4.0
Resources Insights News

The Essential Guide to OBL Version 4.0

The UK open banking standard version 4.0 has been released. Here's your guide to what the changes include, deadlines, impacts and support.

Ozone API
11, Jul 2024
News

Engine by Starling integrates Ozone API into SaaS solution

London, UK, 28 May 2024 Ozone API, the global open banking leader, today announces a strategic partnership with Engine by Starling, the technology arm of Starling Bank. The Ozone API platform will be integrated into Engine’s SaaS core banking platform, enabling Engine’s clients to comply with open banking regulations in markets around the world.  Ozone...

Ozone API
28, May 2024
News

Ozone API and Thistle Initiatives To Help Banks Get Ahead of PSD3

London, UK, 16 April 2024 Today, Ozone API, the global open banking leader, and Thistle Initiatives, the award-winning compliance consultancy, announce a strategic partnership to help financial institutions get ahead of impending Third Payment Services Directive (PSD3) and quickly achieve open banking compliance.  The specific details of what PSD3 will entail are still to be...

Ozone API
16, Apr 2024