<ul><li>The Common API Working Group at the Swiss Fintech Innovations (SFTI) released the Card API to support Open Finance use cases for payment cards in Switzerland.</li><li>The Card API development was led by a core team comprising representatives from Hypothekarbank Lenzburg AG, SIX, and Viseca Payment Services SA.</li><li>The first version of the Card API includes read-only endpoints for detailed transaction and card information, aiming to assist financial technology companies and card issuers in developing new financial solutions.</li><li>Future versions of the API are expected to introduce enhanced features like expense management and detailed card account information to support the creation of advanced financial services and new business models.</li></ul>

SFTI Releases Card API to Support Open Finance in Switzerland

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