As consumers, we’re all used to being exposed to various different ways of banking. We’ve lived through the evolution from paying by check to paying by card to chip-and-pin and all the way to contactless. The technology that sits behind that evolution is advancing all the time – and is critically dependent on interconnectivity and different applications and services being able to talk to each other.
But we are now seeing the same happening in the corporate world, as demand for open services in corporate banking and cash & liquidity management continues to grow. If we are engineering these services correctly, we’re doing it off the back of open APIs: the technical construct for opening up our banking services from connectivity within the bank to outside the bank.
Discover what this means in our latest report.