{"id":14190,"date":"2024-09-02T15:40:32","date_gmt":"2024-09-02T09:40:32","guid":{"rendered":"https:\/\/dtasiagroup.com\/?p=14190"},"modified":"2024-09-02T15:40:32","modified_gmt":"2024-09-02T09:40:32","slug":"how-to-tap-into-the-full-power-of-open-banking-apis-2","status":"publish","type":"post","link":"https:\/\/dtasiagroup.com\/vi\/how-to-tap-into-the-full-power-of-open-banking-apis-2\/","title":{"rendered":"How to tap into the full power of open banking APIs"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-14191 size-full\" src=\"https:\/\/dtasiagroup.com\/wp-content\/uploads\/2024\/09\/Open-Banking-Demo_Blog_April_2023.jpg\" alt=\"\" width=\"1200\" height=\"675\" \/><\/p>\n<h3>Beyond APIs: Building a True Open Banking Platform<\/h3>\n<p>Over the past decade, many banks have launched developer portals to share their open APIs, allowing developers to sign up and use these APIs to drive their business initiatives. But is this truly open banking in action?<\/p>\n<p>While some banks may say yes, I would argue there&#8217;s much more to creating a successful open banking platform than simply providing APIs.<\/p>\n<h3><\/h3>\n<p>&nbsp;<\/p>\n<h3>Open Banking: More Than Just External API Connections<\/h3>\n<p>Open banking involves more than just external API connections. It requires a consistent and standardized API ecosystem across the bank. This standardization is crucial for accelerating successful open banking deployment.<\/p>\n<p>In this context, open banking necessitates treating APIs as products. That&#8217;s where Amplify Enterprise Marketplace comes into play.<\/p>\n<h3><\/h3>\n<p>&nbsp;<\/p>\n<h3>Why Open Banking APIs Should Be Treated as Products<\/h3>\n<p>When banks open their APIs to external audiences, developers become their customers. These developers are the decision-makers, choosing which APIs to use and which to discard, ultimately determining who they\u2019ll do business with.<\/p>\n<p>Viewing open banking APIs through this lens underscores the importance of an API product mindset.<\/p>\n<p>To effectively market and sell APIs as products, banks must prioritize developers\u2014their customers. While a developer portal offers technical access and collaboration, an API marketplace goes a step further, providing a business-service-level view that enhances the developer experience.<\/p>\n<p>YouTube link:\u00a0<a href=\"https:\/\/youtu.be\/xK9LvYFJpr0\">https:\/\/youtu.be\/xK9LvYFJpr0<\/a><\/p>\n<p>Developers can easily find the open banking APIs that meet their needs and access all the necessary information and documentation for seamless integration. This includes product overviews, use cases, and demo applications that guide them through the consent and setup process.<\/p>\n<p>Moreover, developers can obtain the credentials needed to test endpoints, allowing them to familiarize themselves with the APIs. For added convenience, they can even start using APIs in Postman.<\/p>\n<p>When banks treat developers with the same care and attention they give their retail customers, they create a compelling user experience that accelerates the adoption of open banking APIs.<\/p>\n<p>YouTube link:\u00a0<a href=\"https:\/\/youtu.be\/Qljxiy8psKU\">https:\/\/youtu.be\/Qljxiy8psKU<\/a><\/p>\n<h3><\/h3>\n<p>&nbsp;<\/p>\n<h3>The Amplify Platform: Accelerating Open Banking<\/h3>\n<p>The Amplify Enterprise Marketplace\u2014built on Axway&#8217;s proven universal API management solution and infrastructure\u2014offers banks new opportunities to accelerate their open API growth. This platform allows banks to quickly publish open banking APIs within a thriving ecosystem, enabling value-driven solutions.<\/p>\n<p>Three key features of the Amplify Marketplace contribute to its success:<\/p>\n<ol>\n<li><strong>Intuitive Developer Experience:<\/strong> The platform supports developer productivity by making APIs easy to find and use.<\/li>\n<li><strong>Pre-Built Open Banking APIs:<\/strong> These APIs are based on industry standards, ensuring compatibility and ease of integration.<\/li>\n<li><strong>Security, Identity, and Consent:<\/strong> The platform aligns with your existing infrastructure to maintain robust security.<\/li>\n<\/ol>\n<p>Amplify Marketplace presents APIs clearly and simply. When developers click on an API, they\u2019re taken to a business page that explains what the API does in straightforward terms. The page also includes documentation and links for further support. This business page can be white-labeled, allowing banks to integrate it seamlessly into their user experience, both in terms of layout and content.<\/p>\n<p>With subscription mechanisms and built-in credentials, developers can quickly move from exploration to implementation, enjoying a complete self-service experience from start to finish.<\/p>\n<h3><\/h3>\n<p>&nbsp;<\/p>\n<h3>Beyond Tools: Expertise for Open Banking Success<\/h3>\n<p>At Axway, we offer more than just an open banking solution. With 20 years of experience in API management and integration, we help banks navigate the complexities of open banking. As consumer demands evolve and add complexity to internal systems, Axway provides the foundation banks need to continue meeting these open banking requirements.<\/p>\n<p>And as the open banking landscape evolves, opportunities expand. We&#8217;re already seeing the shift from open banking to open finance, and even further, toward open data.<\/p>\n<p>Axway is here to help you stay ahead in this rapidly changing environment, enabling your bank to harness the full potential of open banking and beyond.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Gi\u1edbi thi\u1ec7u v\u1ec1 DT Asia<\/strong><\/p>\n<p>DT Asia \u0111\u01b0\u1ee3c th\u00e0nh l\u1eadp v\u00e0o n\u0103m 2007 v\u1edbi s\u1ee9 m\u1ec7nh r\u00f5 r\u00e0ng l\u00e0 x\u00e2y d\u1ef1ng b\u01b0\u1edbc th\u00e2m nh\u1eadp th\u1ecb tr\u01b0\u1eddng cho c\u00e1c gi\u1ea3i ph\u00e1p b\u1ea3o m\u1eadt CNTT ti\u00ean phong kh\u00e1c nhau t\u1eeb M\u1ef9, Ch\u00e2u \u00c2u v\u00e0 Israel.<\/p>\n<p>Ng\u00e0y nay, DT Asia l\u00e0 nh\u00e0 ph\u00e2n ph\u1ed1i gi\u00e1 tr\u1ecb gia t\u0103ng khu v\u1ef1c v\u1ec1 c\u00e1c gi\u1ea3i ph\u00e1p an ninh m\u1ea1ng, cung c\u1ea5p c\u00e1c c\u00f4ng ngh\u1ec7 ti\u00ean ti\u1ebfn cho c\u00e1c c\u01a1 quan ch\u00ednh ph\u1ee7 tr\u1ecdng \u0111i\u1ec3m v\u00e0 c\u00e1c kh\u00e1ch h\u00e0ng h\u00e0ng \u0111\u1ea7u thu\u1ed9c khu v\u1ef1c t\u01b0 nh\u00e2n, bao g\u1ed3m c\u00e1c ng\u00e2n h\u00e0ng to\u00e0n c\u1ea7u v\u00e0 c\u00e1c c\u00f4ng ty thu\u1ed9c danh s\u00e1ch Fortune 500. Ch\u00fang t\u00f4i c\u00f3 c\u00e1c v\u0103n ph\u00f2ng v\u00e0 \u0111\u1ed1i t\u00e1c kh\u1eafp khu v\u1ef1c Ch\u00e2u \u00c1 - Th\u00e1i B\u00ecnh D\u01b0\u01a1ng nh\u1eb1m th\u1ea5u hi\u1ec3u r\u00f5 h\u01a1n c\u00e1c th\u1ecb tr\u01b0\u1eddng v\u00e0 cung c\u1ea5p c\u00e1c gi\u1ea3i ph\u00e1p mang t\u00ednh b\u1ea3n \u0111\u1ecba h\u00f3a.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Ch\u00fang t\u00f4i h\u1ed7 tr\u1ee3 nh\u01b0 th\u1ebf n\u00e0o<\/strong><\/p>\n<p>If you need to know more about open banking APIs, you\u2019re in the right place, we\u2019re here to help! DTA is Axway\u2019s distributor, especially in Singapore and Asia, our technicians have deep experience on the product and relevant technologies you can always trust, we provide this product\u2019s turnkey solutions, including consultation, deployment, and maintenance service.<\/p>\n<p>Nh\u1ea5n v\u00e0o \u0111\u00e2y \u0111\u1ec3 t\u00ecm hi\u1ec3u th\u00eam:\u00a0<a href=\"https:\/\/dtasiagroup.com\/vi\/axway\/\">https:\/\/dtasiagroup.com\/axway\/<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Over the past decade, many banks have launched developer portals to share their open APIs, allowing developers to sign up and use these APIs to drive their business initiatives. But is this truly open banking in action?<\/p>","protected":false},"author":11,"featured_media":14191,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[],"class_list":["post-14190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"_links":{"self":[{"href":"https:\/\/dtasiagroup.com\/vi\/wp-json\/wp\/v2\/posts\/14190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dtasiagroup.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dtasiagroup.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dtasiagroup.com\/vi\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/dtasiagroup.com\/vi\/wp-json\/wp\/v2\/comments?post=14190"}],"version-history":[{"count":0,"href":"https:\/\/dtasiagroup.com\/vi\/wp-json\/wp\/v2\/posts\/14190\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dtasiagroup.com\/vi\/wp-json\/wp\/v2\/media\/14191"}],"wp:attachment":[{"href":"https:\/\/dtasiagroup.com\/vi\/wp-json\/wp\/v2\/media?parent=14190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dtasiagroup.com\/vi\/wp-json\/wp\/v2\/categories?post=14190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dtasiagroup.com\/vi\/wp-json\/wp\/v2\/tags?post=14190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}