Wipro launches open banking API platform
API for everyone!
Wipro has unveiled its Open Banking API Platform as its “expects a large number of banks and financial institutions to adopt open banking initiatives to conform with evolving banking regulations, meet customers’ digital expectations, and stay ahead in an increasingly competitive fintech industry”.
The vendor says its “single unified platform” will “accelerate banks’ journey” towards an API-enabled ecosystem as well as simplify the onboarding and integration of new fintech services.
The platform leverages IBM API Connect, which offers capabilities to create, run, manage and secure APIs and micro services. The deployment can be done onsite as well as in the cloud.
