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"Leveraging API Economy through Digital Banking and Fintech solution"

Digital Banking and Fintech solution leveraging API Economy

Digital Banking and Fintech solution leveraging API Economy

White Paper: Nexright

Application Programming Interface (API) economy is the key to provide great digital banking experience to the customers. API provides value in the context of Bank’s business & competitor strategy to meet demands of customer experience driving banking innovations.

How do the banks benefit from APIs?

  • Identify attributes which can provide individualized customer experience through power of API economy.

  • Create significant balance change.

  • Attract new customers and generate large transactions.

This whitepaper guides you on banking innovation through API economy and topics related to:

  • Understanding the API value chain & identifying APIs.

  • Designing & exposing prediction APIs for app builders.

  • Building Machine learning and analytic capabilities at API layer.

  • What are the business assets provided through the API?

  • How to Design & Model APIs with appropriate context?

  • What are the technologies and tools to engineer the API data?

Download this whitepaper which helps you provide individualized customer experience through the power of API economy.

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What is

What is Analytics ?

Analytics is the process of obtaining an optimal and realistic decision based on examining existing data, typically large sets of business data, with the aid of mathematics, statistics, specialized systems and software. In the last few years use of analytical methods to extract useful insights from data have gained immediate importance and has helped several companies improve their business performances.

What is Business ?

By definition a business is an organization or economic system with consistent and typical exchange of produced goods and offered services for one another or for money to fulfill human needs. Types of businesses, Non-Profit business: This is a type of business with charitable or educational goal rather than earning money from its services.

What is Application Programming Interface ?

Application Programming Interface (API), Application Programming Interface (API) have existed quite long time ago, since the invention of first computer programs. The first API was developed and released by Salesforce.com in the year 2000, reports developer.ibm.com. In the same year, Ebay released its first web-based API, followed by Amazon starting their new Amazon Web Services (AWS). This gave rise to a new API age, and reached a matured point of hosting external APIs letting the cloud service

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