The market for financial services is changing fast. To evolve, banks are transforming their organizations into digital ecosystems using APIs. APIs have emerged as critical enablers to help financial services firms meet new consumer expectations. Through collaboration with fintechs, banks will use APIs to add new functionality from business partners and deliver internally-developed service offers to partner value chain and ecosystems.
Read this whitepaper to learn more about the role of APIs and how this new ecosystem will allow banks to:
- Drive horizontal and vertical integration
- Foster a culture of collaboration
- Create new revenue streams and get solutions to market faster
- Deliver innovation and functionality to the business