The adoption of APIs and microservices in the banking sector has seen rapid growth. While internal APIs are now commonplace, open APIs for collaboration with fintech and other partners grew 269% globally in 2020 alone according to Platformable.
Driven by expectations of convenience and personalized experiences by a young digitally savvy consumer base, demand for access to financial services by the unbanked, and the broad impacts of COVID, banks are prioritizing transformation initiatives. These are most often built around a foundation of API-based technical platforms, new business models, and internal cultural realignment.
Through this webinar, learn how banks of different sizes can choose between different API-enabled business models to cut costs, streamline internal workflows and deliver better consumer experiences.
Vice President and Head of BFSI Practice, WSO2
Seshika heads the financial solutions team at WSO2 where she builds financial industry-specific solutions using WSO2’s middleware platform. She also works closely with potential customers looking to deploy a financial solution, providing ongoing consulting. She has had extensive experience in providing technology for investment banks, regulators, and stock exchanges from across the globe throughout her career.