Open bank API's are quickly becoming the operating system of the new financial-services digital economy. Driven by the regulatory environment, the rise of financial technology firms (fintechs), technological innovations, and the wave of millennial customers, today's banks are at a critical tipping point regarding how to successfully grow the business.
If you are looking to achieve hyper-growth in an environment like this, embracing the open bank API economy through collaboration with peer banks and innovative fintechs is key. But API-enablement projects are often undertaken without consideration for unpredictable volume, resilience and absolute security characteristics.
Oracle's Financial Services API Economy solution helps financial institutions achieve their goals. Whether you're putting in the groundworks for becoming an economic API player, focusing on compliance to regulation such as PSD2 or CMA, getting ready to start monetizing your API's or boldly planning to transform your bank into a platform bank, the solution will help you evolve to the next stage.
See how Oracle can help you embrace the open banking API economy.