Open APIs would allow third-party developers to create helpful services and tools that customers can utilize. Now that every now and then they are narrowing down on new start-ups to partner, they need to make available their banking APIs that the start-ups can integrate with and/or use for their applications. The API offers features like next day funding, certified PCI level 1, patented tokenization, recurring billing, online bill presentment, hosted payment page and fraud protection as well.
You can read more here: https://gomedici.com/the-most-important-thing-in-fintech-advent-of-apis-and-banking-apis-are-real-too/
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath