The number of application programming interfaces (APIs) used in banking is growing, and it’s time for banks—even (and especially) those that rely on vendor applications—to get a handle on their API ...
What Is An API In Banking? In banking terms, an API (Application Programming Interface) refers to a set of protocols and tools for building software and applications. It acts as a bridge between ...
If a business wants to let a software program consume its banking data, it typically needs to go through a long series of processes, involving extensive paperwork and implementation, to do so.
NEW YORK--(BUSINESS WIRE)--FinLync, a privately held, global fintech company transforming corporate finance and treasury offices through its world-class products, today announced that it has launched ...
Both Open Banking and Banking-as-a-Service are terms used to refer to financial APIs that are provided by banks. And being APIs, they can be embedded into other products and services. The API ...
Open banking comes with a lot of expectations and promises, such as democratisation of Access to Account (X2A), increased competition between banks and fintechs, and provision of better control to end ...
The advent of PSD2 means banks have to up their game on interoperable access to data and transactions. But Open Banking faces an API challenge The European Union’s revised Payment Services Directive ...
Application program interfaces (better known as APIs) have transformed the way businesses and customers use technology across a wide array of industries and functional areas—from enabling travelers to ...