Banking APIs:
State of the Market Report

Banking APIs: State of the Market report is a comprehensive review of current and emerging API implementation strategies by banks around the world.

Researched by Mehdi Medjaoui (Founder, APIdays) and Mark Boyd (Platformable), and conducted in a partnership between APIdays and Open Bank Project, this report was compiled following discussions with 22 banking executives from around the world. The report looks at the policy drivers influencing how banks are taking up APIs and the ways they are gaining whole-of-enterprise support.

Banking architecture choices, priorities for API creation, perspectives on open banking platforms, and recommendations for the way ahead are all covered in the report.

This report is ideal reading for:

  • Banks, fintech, and insurance to understand how to frame API strategies internally and to benchmark against the wider industry
  • Business and software architect leads in traditional enterprise industries who have a similar organizational culture and infrastructure context as the banking industry to learn from how leading banks are creating innovation and driving an agenda for change
  • API-related service providers and API management providers looking to disrupt and for opportunities to enter a future open banking platform ecosystem 

  • Market analysts looking for a new source of research and data

Published November 2015
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