IBS Open APIs allow financial institutions to respond much more quickly to customer expectations, tailor new innovative experiences per customer segments, and better attract and retain desirable relationships. Ultimately, APIs help bankers address the issues listed above, starting with improving margins. Future revenue potential starts to become a reality as banks look to monetize API technology that is re-mapping the future of the industry.

Note that this white paper is the first in the series on APIs and rapid integration. A future paper will look at integration from the developer’s perspective.