What Is An API In Banking? In banking terms, an API (Application Programming Interface) refers to a set of protocols and tools for building software and applications. It acts as a bridge between ...

If a business wants to let a software program consume its banking data, it typically needs to go through a long series of processes, involving extensive paperwork and implementation, to do so.

Open banking comes with a lot of expectations and promises, such as democratisation of Access to Account (X2A), increased competition between banks and fintechs, and provision of better control to end ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. With API Banking, Radius has expanded its Banking-as-a-Service (BaaS) ...