How many of our financial services are ready for open banking, as API technology becomes the next big wave across the banking sector.
As with smartphones, applications and tablets – APIs have become the norm for integrating services simply and effectively. We now see this trend move across the banking sector, we now have an Open Banking initiative in play.
We see APIs as key to the future innovation, as we all wish to provide our clients with new and easy services then APIs are an easy way to integrate services across many platforms.
The challenge with any new banking services is how to ensure security, compliance and regulatory fit – we believe this is possible with the correct planning and project management.
Exciting times ahead.