Report

Corporate Banking APIs: Time to Open Consortia

Banks must partner on consortium-based platforms to harmonize API standards and regain control of their client relationships.
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London, 19 March 2019 – Application programming interfaces are not a topic of interest for corporate treasurers, who don’t care how the data is provided but do desire a single point of access to services from multiple banks. But as single-bank platforms fade out, banks will compete by providing clients with API-based products and services via consortium platforms with big populations of corporate users.

Designed to provide frequent, concise, and actionable insights, the newly launched Impact Brief is a complement to Aite Group’s research reports and will allow Aite Group to cover new topics and update information based on client feedback. To learn more about the topic covered in this Impact Brief, please contact us at [email protected].

Clients of Aite Group’s Wholesale Banking & Payments service can download this 12-page Impact Brief.

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