SUMMARY

Application Programming Interface (API) is a vital communication tool for driving digital banking and enabling safe and secure information flow between internal business operations and external partners. To put it simply, an API is an internal accelerator that connects two apps or a third party. As Open Banking becomes the norm, Dibscore, ever the innovator, has already created API management solutions that will assist Banks in "opening up."

VALUE PROPOSITION

Why API Manager from Dibscore

Connects user-facing front end with back end functionality and data.

Enables analytics, account authentication, account information, payment processing and management of loyalty programs.

Ideal for transaction-related problem-solving - failed payments, non-compliant overseas transfers and blocking of payments at short notice.

Designed to interface with IoT devices, customer apps, partner apps and the Bank’s Omnichannel platform.

With API Manager in place, banks have flexibility to add new revenue streams, increase access to additional customer data and develop new distribution channels.

Modefin’s structured API catalog makes APIs discoverable and avoids use of multiple and redundant APIs.