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Application programming interfaces are at the heart of the digital world. An enabler for future cooperation models, they also come with certain risks. Luckily, these are manageable for financial institutions, as the Swiss Fintech Innovations’ white paper shows.
Application programming interfaces (API) are highly important. They make the digital world tick by allowing different pieces of software to work together. This is not only true within the boundaries of a single financial institution. APIs are also an enabler for future cooperation models, ecosystems or embedded banking, i.e., they act as gateways between financial institutions and other service providers.
How financial institutions unlock the potential of APIs the safe way.