Friday, June 14, 2024

Engine by Starling Integrates Ozone API Into SaaS Solution

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 API supports all major global standards, offering over 400 open banking/open finance standard APIs. This integration will enable Engine’s clients to meet compliance requirements quickly and easily and go beyond this to commercialise open banking with value-added services.

The partnership will enable digital-native banks and fintechs around the world to combine the industry-leading technology and deep expertise of Engine and Ozone API via a single integration and unlock the commercial value of open banking.

Huw Davies, CEO, Ozone API, comments: “This partnership is a real milestone for Ozone API. Being chosen to integrate with the platform that powers the four-time winner of Britain’s Best Bank demonstrates the quality of our open banking platform, and we’re incredibly excited to support their clients with ongoing open banking compliance and innovation.”

Sam Everington, CEO, Engine by Starling, adds: “Open banking provides a great deal of opportunity for banks, so it was important that our core banking platform could work flexibly for our clients. As a global leader in open banking, Ozone API delivers the ideal plug and play solution for Engine, to help effectively meet the needs of our clients and the different regulatory standards around the world”

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