API In Banking: The Guide to Bank APIsAPIs or application programming interfaces have been around for decades in different forms, but today the word “API” in banking is usually used to refer to web APIs. Web API technology is very popular, but in fact, there are not that many of them. They allow engineers to extend work by reusing existing code. They act as connecting elements between different technical systems. APIs …
5 Challenges of Digital Transformation in BankingAfter more than a decade, digital transformation in banking remains one of the industry’s most difficult tasks. Despite the best efforts of the banking industry, digital adoption has been slow because of operational and cultural barriers, difficulties in operation and potential hazards, and difficulties in modernizing an aging IT system to incorporate cutting-edge digital advances. Digital …
