APIs Become Core Technology to Big Banks

American Banker takes a close look at how APIs are being used at some of the world’s leading banks and how important the technology has become in a digital banking world; BBVA is allowing customers to white label products such as point of sale lending as they believe this will help them to serve big corporates better; Silicon Valley Bank, Bank of America, JPMorgan Chase, Wells Fargo and Citigroup all allow big customers to pull bank account data into different accounting or workflow apps; APIs are also helping smaller banks like Eastern Bank and Radius Bank to connect to fintech startups, providing a more secure and efficient environment; APIs have become a core technology to banks in the last couple of years as customers, corporates and individuals, gain more control of data and their full financial lives. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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