Open API Banking: Defining the Potential and Opportunities; Strategies for a World of Open Banking | MilTech

Regulatory and technological developments are pushing banks in Europe and the UK to open up access to their systems and data via the use of application programming interfaces (APIs). If banks embrace the concept, they will be able to become one-stop shops for the best products on the Open API Banking Market, crowdsource the development of new services, and generate revenue by selling access to their data and capabilities.

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