Cryptocurrency Q&A What is API in banking?

What is API in banking?

Giuseppe Giuseppe Tue Nov 05 2024 | 6 answers 1490
I'm curious about the role of API in the banking industry. Specifically, I want to understand what API stands for in this context and how it facilitates banking operations and services. What is API in banking?

6 answers

SsangyongSpirited SsangyongSpirited Thu Nov 07 2024
API Banking represents a revolutionary way of facilitating communication between banks and their clients.

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CryptoElite CryptoElite Thu Nov 07 2024
This innovative system utilizes APIs, which are essentially sets of rules and protocols for building and interacting with software applications.

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JejuSunshineSoul JejuSunshineSoul Thu Nov 07 2024
In the context of API Banking, these APIs are typically based on XML or JSON codes.

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amelia_harrison_architect amelia_harrison_architect Thu Nov 07 2024
These codes allow for seamless data transfer between the bank's server and the client's server.

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SolitudePulse SolitudePulse Wed Nov 06 2024
This data transfer is not only efficient but also highly secure, ensuring that sensitive information is protected at all times.

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