Open banking is increasingly being adopted, with research showing that 13% of digitally active consumers and 18% of small businesses are utilizing it.
APIs are revolutionizing the banking sector by securely connecting applications, enabling data sharing among financial institutions, enhancing user experience, and modernizing payment systems.
The growth of API transactions in the UK is significant, with expectations of a 17% compound annual growth rate by 2028, outpacing other European countries.
Results from surveys indicate that 88% of respondents believe APIs have grown in importance, with four in five organizations prioritizing API strategies for business transformation.
Collection
[
|
...
]