As several large U.S. banks release public APIs for third-party integration, the move could set in motion the digital transformation the banking industry needs to remain relevant.
Capital One APIs (5)
Capital One Credit Offers
||The Credit Offers API provides developers with tools to offer Capital One credit products (credit cards, in particular) to their customers. Currently, the API contains a single resource and endpoint...||Credit Cards||03.10.2016|
Capital One Rewards
||The Rewards API provides developers a simple, secure way to obtain detailed information about their customers’ Capital One rewards programs. This API helps a customer access and track their Capital...||Credit Cards||03.10.2016|
Capital One SwiftID
||The SwiftID API lets developers integrate their application with an extra layer of security. The API allows their customers to replace costly...||Credit Cards||03.10.2016|
||Capital One is a financial institution specializing in credit cards, banking and other loans. The Capital One API is a beta service to allow developers access to cardholder data with the user's...||Financial||10.02.2012|
||Spark Pay is a hosted shopping cart software. It lets users manage multiple storefronts from a single admin console. Users can manage track what is happening across multiple sites or just a single...||eCommerce||02.10.2012|
Like big data — which businesses know they have to have, even if they aren't sure how to analyze it or what to do with it — the concept of reorienting a business toward becoming a "composable enterprise" is on every executive's to-do list. The central idea is that businesses need to break down their services, products and capabilities into discrete units so that external partners and customers can plug directly into the business experience they need.
BBVA and Sutor Bank have opened APIs to third parties on the heels of Capital One doing the same last week. They join a growing list of banks that are exploring open API platforms but, does this signal a trend? There are roadblocks to open platforms, namely the banks themselves.