Modern financial ecosystems afforded by Open-Banking APIs are steadily changing the nature of banking. Open-Banking is gaining popularity with consumers and banks through the relatively new phenomenon of marketplace-banking. Marketplace-banking is attractive to consumers because it provides a wealth of new services via their bank’s app.

In this webinar, we discussed the examples of how banks are commercialising Open APIs to build banking ecosystems. Thomas Zink – IDC research director for European financial services talked about the revenue potential of API enabled use-cases and how to overcome barriers to adoption. Karthik TS – Head, CoE, Torry Harris detailed the best practices to productise APIs, effective API Management and marketplace-banking solutions.

Concierge Bank™, a marketplace-banking product by Torry Harris is helping banks worldwide to offer innovative new products to customers through an API-driven marketplace solution and a simple user interface.