Financial APIs and fintech integration
Financial APIs and fintech integration Financial APIs connect apps to banks, payment networks, and data feeds. They let fintechs move money, verify identities, and read balances without direct access to bank systems. With well-designed APIs, teams deliver features faster and keep user data safer, because control sits with the API layer and a trusted provider rather than every bank backend. Open banking is a common entry point for fintechs. Banks expose accounts, transactions, and sometimes payments through standardized APIs, all under user consent. Account aggregation apps show balances from several banks in one place, easing budgeting, loan tracking, and expense insights for customers. ...