Open APIs are used for more than just building banking products. In many cases, they are used by existing corporate customers who want to use a bank’s APIs to automate internal workflows or integrate bank data directly into their business processes.
Banks in Asia-Pacific and Europe report that around 80% of their open API users are corporate customers. These customers are less likely to switch banks because they are integrating their accounts directly into their processes via APIs.
A new report by Altitude Consulting and Axway details a number of use cases to help you visualize the art of the possible in open banking. Here are the highlights.
Find out how banks are using their data to gain a competitive edge. This opportunity assessment explores 15 popular fintech use cases.
How APIs are supporting the insurance, pensions, wealth management and energy and utilities sectors to be embedded into the customer journey
See how Tribanco digitally transformed to go beyond regulatory compliance and find new open banking opportunities?
Start delivering digital banking services to your members
See why and how credit unions and smaller banks are making digital banking services accessible for everyone, anywhere with universal API management
360-degree member view enables compelling product recommendations
Here are three digital banking example uses cases to help you imagine new ways to grow your organization’s capabilities, gain a competitive edge, and deliver superior customer experiences.
Amplify API Management Platform helps Commerzbank turn traditional, branch-based services into seamless digital experiences.
APIs open new opportunities to deliver services to anyone, anywhere
APIs open new opportunities to integrate directly with the platforms, apps, and services where people do business
APIs open new opportunities to serve the unbanked and underbanked
APIs open new opportunities to integrate offerings into day-to-day financial management
Delivering cutting-edge solutions to banks, fintechs, and businesses
Commercial bank strives to lead in Taiwan’s API economy with an open-banking platform
Leading bank harnesses actionable payments insights to boost service quality and nurture client loyalty
