Report

Open APIs in Financial
Services for Dummies

March 2021

Application Programming Interfaces (API) are the essential building blocks of financial ecosystems that enable customers into your digital channels. APIs serve as the bridge between your bank's systems and all stakeholders, from credit bureaus to regulators, from providers to central banks. But, while you have surely heard of them, we can all use more knowledge in understanding how to leverage the power of the API.

This new ebook, APIs in Financial Services for dummies, a Red Hat Special Edition by Alessandro Petroni, Alfonso Navío Francés, and Eric Marts, provides a comprehensive yet concise and applicable work frame to learn about APIs and where to start. Download this book today and learn:

  • Why you should use open APIs and how they can help your institution. 
  • How to start and decide whether to buy or build your API’s.  
  • How to plan your first steps, develop your business case, minimize risk and set the strategic foundation of your ecosystem.
  • How to manage the legal, customers, third parties and data privacy security risks.
  • How to design open APIs that stand out and evolve with innovation. 
  • The role of developers, the importance of building partnerships, and how to set pricing and measure success. 

Read this eBook and get the tools you need to leverage the power of APIs.

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