Open Banking and APIs in Asia

ANALYST MATERIAL

Open Banking and APIs in Asia

Both regulatory and competitive forces have been making open banking a new reality across Asia. Banks are now realizing that if they want to keep their existing customers, acquire new ones, and play a greater role in their customers’ lives then they must become more customer focused, while offering a broader range of digital products and services. Such a model requires APIs, the digital ports that enable communication between services.

In the Open Banking and APIs in Asia Report from Kapronasia in collaboration with Red Hat, Kapronasia conducted both primary and secondary research in Asia. Interviews were secured from relevant players across the ecosystem, including financial institutions, fintechs, and industry experts.

Download the analyst paper to discover the most relevant insights from the industry around APIs and open banking.

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