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Nordea releases Instant Reporting API

Nordea is to release an API which enables corporate customers to download their accounts and transactional data into their own systems, marking the first commercially viable product to emerge from the bank’s foray into Open Banking.

Temenos adds wealth apps to retail banking suite

Swiss core banking vendor Temenos has added robo-advisory and goal-based investment apps to its Infinity suite of APIs, providing retail banks with a low-cost entry point to the wealth management arena.

Deutsche Bank invests in LLM developer Kodex AI

Deutsche Bank’s Corporate Venture Capital (CVC) group has invested in Kodex AI, a Berlin-based startup developing a Large Language Model (LLM) application catered to the needs of the financial services industry.