# Pelican beta API Interoperable Hub platform goes live
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2018-06-13
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Pelican Launches Beta API Hub for Banks
Meta Description: Access innovative developer sandbox for account information and payment initiation services. Adhere to open banking initiatives with pan-European API
URL: https://financedigest.com/pelican-beta-api-interoperable-hub-platform-goes-livehtml

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_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](http://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](https://www.financedigest.com/enabling-decision-making-success-in-the-banking-industry-3-considerations.html "Enabling decision-making success in the banking industry – 3 considerations") 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](https://www.financedigest.com/swiss-national-bank-seeks-banking-regulation-review-after-credit-suisse-crash.html "Swiss National Bank seeks banking regulation review after Credit Suisse crash") 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](https://www.financedigest.com/the-stem-cell-banking-market-to-keep-up-the-digitized-momentum.html "The Stem Cell Banking Market to keep up the digitized momentum") through a single API of their choice. The beta access [programme launched](https://www.financedigest.com/uk-to-launch-new-billion-pound-home-insulation-programme.html "UK to launch new billion-pound home insulation programme") 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](https://www.financedigest.com/innovation-to-be-a-building-block-of-the-automotive-glass-market.html "Innovation To Be A Building Block Of The Automotive Glass Market") solutions, and indeed operate themselves as Account Information Service Providers (AISPs) and Payment Initiation Service Providers (PISPs).”


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