Post Tagged with: "OpenBankProject"

API Initiatives at Banks Held Back by Bureaucracy, Survey Shows

API Initiatives at Banks Held Back by Bureaucracy, Survey Shows

by May 1, 2015 at 11:06 am 7 comments

APIs — application programming interfaces — allow banks to create ecosystems of innovative products and technologies. Sounds good — but what prevents banks from launching initiatives to open their APIs? According to new research from Bank Innovation and the Open Bank Project, the primary obstacle is corporate culture and bureaucracy. More thanRead More