March 21, 2019
Related Articles (599)
While some folks tend to think about APIs are being little bits of arcane code that only developers care about it, the truth of the matter is that billions, possibly even trillions, of dollars are at stake in what will soon be a series of API wars. In no place is this more important than in mobile banking, where companies ranging from Google, the PayPal unit of eBay and lesser known entities such as MineralTree are all vying to usurp the role of traditional financial institutions.
ABIB, a Baharain bank, announced the first opening banking API marketplace in the Baharain market. The marketplace is an API portal where third party developers can publish their FinTech APIs and integrate with the ABIB ecosystem. The portal is the first step of the company's open banking strategy.