The usage of Application Programming Interface (API) has become a cornerstone of digital transformation in the ever-changing financial services industry. Understanding their categories is critical for executives, company owners, and engineers to begin leveraging technology to improve their fintech or non-fintech organizations. In this post, you will find out about types of APIs in banking, learn how to choose an API for your product, and discover the technicalities associated with the integ...| DashDevs: Fintech Software Solutions on Dashdevs. sci-tech crew.
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Bank API is an integral part of most solutions that seek to provide fintech services. It acts as an intermediary between a third-party application and your software. Bank API normally enables seamless communication between different software components or systems, carrying coded information or data between them. I can wholeheartedly say that APIs are becoming increasingly present on the market. Nowadays, almost every developer utilizes them in their project, not to mention development agenc...| DashDevs: Fintech Software Solutions on Dashdevs. sci-tech crew.
Brick-and-mortar branches, paperwork, and long queues don’t bind the banking era. Can you imagine this isn’t a vision of the future? Today, traditional banks are no longer the only players in town. In the ever-evolving realm of finance, neobanks and digital banks are shaking things up. They’re the go-to alternative to traditional banks. It’s easy to notice that businesses are jumping on board to provide neobank solutions for everyday consumers and companies alike.| DashDevs: Fintech Software Solutions on Dashdevs. sci-tech crew.