API Banking
What is API Banking?
API banking is a model where a bank exposes its services and data to third-party developers through Application Programming Interfaces. This allows external companies to build new financial products and services that interact directly with the bank’s core systems.
Why It Matters
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It enables the seamless integration of banking services into non-financial applications.
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It fosters innovation by allowing a wider ecosystem of developers to build on bank infrastructure.
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It improves the customer experience by providing more choices and personalized financial tools.
