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Elias GagasChief Digital Officer
1 2 3
Financial Messaging Libraries for
SWIFT, SEPA & ISO20022 standards
Messaging standards
API Framework
1. Bespoke Projects Development
2. Treasury Management System
3. PFM
4. Card Processor Core System
Innovation + R&D
API is the new digital language
Banks need to speak it fluently,
or risk becoming isolated and eventually
disintermediated, by API native speakers.
API is a new channel
API
TMS
PFM
?
???
AISPPISP
It’s not a question of if, or when.It’s how many of them.
Banks have the opportunity to learn
from the techniques & practices
of Internet Giants (amazon, google etc.)
The Bank of the Future
Inter-Connected
OpenAPIs
Everyday Bank
PlatformBaaSBaaP
Build
To “Play” the API game you need to
Manage Distribute
APIs to Core Systems
Integration
API SandboxDevelopers Portal
APIsRuntime
API Management
FinTechDevelopers
Financial Institution
ClientApplications
API Analytics
BankingCore
Systems
PSD2 = APIs
Open Banking = APIs
The EU, via PSD2, is leadingthe Open Banking movement
The API movement is HUGE!
You can now reach:
Your customers + FinTech ecosystem
PSD2 is not complianceits your biggest opportunity
Of Banks have either already
launched, or plan to launch within
the next 12 months, an API initiative
Banks are already workingon APIs!
Source: More Banks Working on APIs in 2016, But Bureaucracy Remains a Problem | Bank Innovation
78%
It needs a multidisciplinary team & skills / tools
Technology + Business + Marketing
APIs are not about technologyit’s about your Business, Re-Imagined
64 Princes Court , 88 Brompton Road , Knightsbridge, London SW3 1ET, United Kingdom | Tel. : +44 2071172538 | www.paymentcomponents.com
@paymentcomp
FinTech API Experts