Open Banking & APIs for Transformation in Banking

  title={Open Banking \& APIs for Transformation in Banking},
  author={Anshu Premchand and Anurag Choudhry},
  journal={2018 International Conference on Communication, Computing and Internet of Things (IC3IoT)},
  • A. Premchand, Anurag Choudhry
  • Published 1 February 2018
  • Economics, Business
  • 2018 International Conference on Communication, Computing and Internet of Things (IC3IoT)
Open Banking and Open APIs have gained momentum and have grown from purely technical capabilities to being of business relevance. Open Banking is an innovative model for the financial industry not only from competition perspective but also from customer engagement perspective. Banks will have to help their customers with superior and more agile offerings. Banks should enable their customers to manage their financial affairs, make better decisions, save money etc. Digital disruption, FinTechs… 

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