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  • Ian Child

The API Economy

What is the API economy as pertains to banking?


API's are sets of protocols that define how one application interacts with another, usually to facilitate an information exchange. These API's have largely been responsible for the digitisation and transformation of many industries. They have allowed organisations to use google maps to embed their locations so customers can find them and the google maps API to geolocate themselves and allow an UBER to find them!

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