For financial services providers opening APIs, it is key to have the right technologies in place. This deck is intended to help business leaders who are not IT specialists make informed decisions about the technologies supporting their open APIs.
For interoperability to work, technology must do more than move transactions from Point A to Point B. It must be optimized to ensure security, encourage use, promote innovation and handle the inevitable time when something goes wrong.
Payments providers can grow revenues by allowing third-parties to create apps that leverage digital payment platforms, but the potential for reward comes with risk. Taking a "maturity model" approach can help providers avoid common pitfalls.