Balancing security, compliance, and innovation in financial services
Banks and financial services organizations operate in a highly regulated environment that’s closely watched. As the threat and sophistication of data breaches evolve, regulatory oversight becomes increasingly stringent and the need for new data security measures becomes a greater imperative if any digital transformation effort is to succeed.
Financial digital transformation isn’t just about compliance, though. To remain competitive, financial institutions must deliver new services and seamless digital experiences. In a time when customers have more options than ever before, taking advantage of API-fueled embedded finance and solidifying customer trust are essential to continued business growth.
To keep pace with evolving security and user experience demands, organizations must be able to share sensitive data in a simple, secure, and transparent way. An integrated ecosystem with the flexibility of a federated API management platform – one that works with multiple vendor gateways, integrates with MFT and B2B/EDI processes, and can be deployed on-premises or any hybrid cloud – provides this agility. By securely exposing services and safely moving data, financial institutions can quickly adapt to tightening regulations, present and future security risks, and customer needs.
How Axway helps drive financial services forward
Axway’s federated Amplify API management platform helps position banks and financial organizations to succeed. In addition to integrating with critical MFT and B2B/EDI processes, the platform’s Amplify Engage component – an API marketplace that simplifies adoption of APIs by app developers – brings new service initiatives with fintech partners to the market faster.
What's more, Amplify Open Banking empowers financial institutions to seamlessly share data, ensure robust security, and meet regulatory compliance demands, while enhancing customer trust and unlocking new revenue opportunities. With Amplify Open Banking, open banking isn’t just about compliance — it’s about securely enabling innovation and stimulating business growth.
But only with watertight data security and continued compliance with stricter regulations can Axway banking and financial customers expect to achieve the safe, swift exchange of data and interoperability that helps drive new business and revenue.
For nearly 25 years, Axway has helped banks and financial organizations solve their biggest challenges. We’ve played an early role in shaping the future of open banking standards in North America, integrating those standards into our solutions. It’s a big reason why six out of 10 of the world’s largest banks rely on Axway.
The future of banking and financial services is open and secure with Axway
Banking is evolving beyond traditional models. Open banking, embedded finance, and API-driven ecosystems are reshaping how financial institutions interact with customers, partners, and fintechs. Axway’s robust solutions help organizations succeed in this new era.
By leveraging solutions for API management, secure data exchange, and cloud-ready integration, Axway empowers banks and financial organizations to:
- Open up data securely while maintaining strict compliance
With a strong track record in open banking, digital transformation, and secure data exchange, Axway helps financial institutions confidently embrace the future. Is your organization ready?
Want to tap into the future of banking and financial service success?
