Introduction to essential elements of Open Banking Framework
summary
Defines six concrete elements: APIs as products (simple, reusable, versioned) and a choice to partner as a service provider or co‑founder; connect cores with microservices and open APIs and a cross‑functional team (IT, product, marketing, analytics); use an API management platform (IDC predicts 35% adoption in 2019) and build internal API governance while regulators phase in APAC drafts. Gives numbers (only 2/10 banks have robust frameworks, 5/10 tier‑2 to expose 5 retail APIs in 2019, 1/10 to expose 3 corporate APIs by 2020) and stresses data monetization (8/10 value it, 6/10 can’t yet); cites Maybank–Western Union as a live acceleration example.
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chapters (20)
- 0:00Introduction
- 2:30Agenda
- 3:17Misconceptions
- 4:19Statistics
- 6:30Banking Changes
- 9:34Open Banking Framework
- 11:56Who to partner with
- 15:01External Banking Based APIs
- 15:28List of 30 Banking Based APIs
- 15:52API Prioritization Matrix
- 16:28Connectivity
- 18:06Management Team
- 20:22IDC Survey
- 21:34API Management Platform
- 22:59External
- 23:38Asia Pacific
- 25:13Business Survey
- 26:23Summary
- 28:24Audience Questions
- 29:24AsiaPacific
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