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The Competitive Edge of Open API Platforms
Open API platforms enable banks to integrate third-party services, which can add more value for customers.
About the authors
Paul ProvenzanoVice President of Market Development
Paul Provenzano is vice president of market development, with ebankIT.
Vice President of Market Development
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Banks need to enhance their customer-facing platforms in order to stay competitive amid consumers’ ever-evolving preferences. But legacy systems can make it difficult to integrate third-party applications that might appeal to their customers, says Paul Provenzano, vice president of market development of ebankIT. By contrast, open application programming interface platforms enable banks to more easily integrate third-party services that may add new value for customers.