Why should banks leverage the API economy?
In our latest white paper produced by Aite Group, we analyze the global trend to open application programming interface (API) banking and discuss why banks should leverage the API economy to create value for their customers and generate new business. We take a closer look at how:
- Bank product distribution is changing to "API First," creating new value for customers
- APIs facilitate bank collaboration and reduce the work to deliver joint solutions
- PSD2 regulation is accelerating open banking, with only a few months left for banks to comply