Kickstart Your Open Banking Journey with Axway’s Amplify Solution
Ready to accelerate your Open Banking strategy? Learn more about Amplify Open Banking by Axway. Discover how Axway is helping financial institutions like banks and credit unions modernize their data integration and launch Open Banking initiatives faster and more securely. In this video, we dive into Axway’s Amplify Open Banking solution—what it offers, how it works, and why it's a game-changer in the world of digital finance. 🔐 What Open Banking means and how Axway ensures secure, consent-driven data sharing. ⚙️ Key components of Amplify Open Banking, including pre-built FDX APIs and low-code no-code integration tools. 🚀 How Axway brings your vision to life. Dive deeper with 5 frequently asked questions about open banking: https://resources.axway.com/amplify-open-banking-product/amplify-open-banking-faq?utm_source=youtube&utm_medium=social&utm_content=video_ob_faq [Full video transcript] Axway specializes in API Management, EDI, B2B, Managed File Transfer solutions. So, we help globally, enterprises with their secure data integration, and data flow, across their systems. So all our products are applicable for all kind of domains including financial institutions and services. We have recently started a solution called Amplify Open Banking. Got it. That is specifically to help banks and credit unions, to kickstart their open banking and open finance journey. So what is Open Banking as far as Axway’s concerned? What's the definition? What's the value prop? Well, Open Banking is a global movement, to empower consumers with their financial data and help them this financial data with, with trusted third-party providers in a secure manner with their consent. And so Axway as an ISV, provides a software services and consulting for Open Banking. Yeah. That's correct. So we have this Amplify Open banking solution. We sell it as a software. We also provide services support on top of that, if I talk about a little more about the solution, so we provide three things. One is the pre-built open banking APIs. So here we have implemented FDX APIs. And we provide the security identity and consent management. So that is essential for any open banking, open finance implementation. And on top of that we also provide you the Low-Code no code integration platform that helps you integrate with your backend systems. Got it. So the banks can have faster time to value with Axway. Yeah that's correct. Is there an example in the market of a successful bank that you've implemented this solution at? Yes, we have Regions Bank. We are working with them, on their journey, of open banking and open finance. They have got the solution. They have got the FDX APIs. At the moment we are working with them, to help them go live by integrating with their backend systems. Yeah, that's a great example. So overall, how does Axway differentiate in the market? What are the some differentiators that Axway has. Right. So about the differentiator I would say it's the solution and the wholesale approach we have taken to build the solution. We have taken care of all the components that are required to make you successful in your Open Banking and finance journey. So it includes an intuitive, developer marketplace. So that you can expose your APIs and developers can, easily consume the API documentation, subscribe to the APIs and, build the applications. And then, of course, we also, as I said earlier, we also cover the FDX APIs and the security, identity and content pieces. So that's the differentiator. So we are one stop shop. You come to us, we give you the solution, services and support, to help you succeed in this ecosystem. #OpenBanking #APImanagement #FintechSolutions