The Role of APIs in Next Generation Core Banking Transformation
For decades, banks relied on monolithic core systems that were stable but rigid. These platforms were designed for reliability rather than flexibility. Adding new products often meant months of integration work. Launching a digital service requires even longer. That model is now breaking. Customers expect instant payments. Fintech startups release new financial products every few weeks. Regulators are encouraging open banking ecosystems where financial data flows securely across platforms.
