Habito launched an API that partners use to leverage Habito's remortgaging algorithms. Habito has the ability to search over 20,000 products for the best options available for borrowers looking to remortgage. With the API, partner companies can include this functionality in their apps and sites.
Open banking uses APIs to make services like algorithms, data, identity, processes and other business functionality available to ecosystems of customers, employees, third-party developers, fintechs, vendors and other partners. This article offers four reasons open banking will go mainstream in 2016.