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API Banking : Is it tech or business?


  1. APIs are the interfaces where one technical module interacts with another module, which generally is through some data sharing in the required format.. It can be within an integrated system, or maybe between 2 or more independent systems.. But in any context where things are built using technologies, APIs have been and will always be important.. But not sure if "Rule" is the right word, as API is very generic tech word and depends on the architect of the platforms..
  2. ha ha, that's very true. APIs are being looked upon as technical by many of us. however there is nothing technical without business. APIs at the end need to drive the user experience and hence act as a catalysts towards user adoption. Monetizing APIs will be the future.
    • Rightly said. Monetising API's will be the future, we at The Digital Fifth train on how to build an API economy - in our Open Banking Masterclass. You should check that.

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