Open APIs, API Banking, Open Banking... What's the Difference? Axway experts answer. #shorts

Open APIs typically refer to partner banking, which has gone on for years and is essentially when you connect with one of your banking partners via a bespoke API. API banking is when you publish your APIs to the outside world, but it's based on your own API design, and Open Banking APIs is when you're actually participating in the ecosystem of third parties via a common API standard. So, you're publishing out your data via a common API standard for that region. Read the blog for more details: https://blog.axway.com/industry-insights/banking-finance/what-is-open-banking?utm_source=youtube&utm_medium=social&utm_campaign=api_marketplace_banking_gc&utm_content=glossary_videos Visit @AxwaySoftware for more!

Previous Video
Is Your Complex Supply Chain Ready to Handle Disruption? | Axway
Is Your Complex Supply Chain Ready to Handle Disruption? | Axway

In this roundtable webinar, we’re joined by leaders at Lattice Semiconductor and Microsoft to discuss measu...

Next Video
What is a Data Aggregator? Axway experts answer #openbanking questions. #shorts
What is a Data Aggregator? Axway experts answer #openbanking questions. #shorts

Data aggregators have emerged as a method for banks to share customer data with third parties such as finte...