2.4 API options for banks

We show that those banks that embrace the inevitable rise of APIs can position themselves well and generatenew business. For example, not just offering mandated regulated APIs (which typically have to be offered forfree) but also offering further commercial, value-added APIs (which offer new real commercial advantages tocustomers) may promote customer retention and generate new revenues. We also touch on the topic ofharmonized API access – how to find a way through the jungle of standards and show a realistic path to a moreconnected world.