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 ...
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 ...
API standardization in Open Banking can be likened to forging a universal financial lexicon. By adopting a standardized protocol, diverse financial systems can harmonize their operations, giving birth ...
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