Presentation Template Consumer Banking Hackathon APIs and their role in Financial Services hackathon CB Insights 2015 A Short History of Fintech Disruption 201213 2011 1999 1998 ID: 782626
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Slide1
U.S Bank Internal API Hackathon
Presentation Template
Consumer Banking Hack-a-thon
APIs and their role in Financial Services
hackathon!
Slide2Slide3CB Insights: 2015
Slide4A Short History of
Fintech Disruption
2012/13
2011
1999
1998
2009
2007
2006
Slide5Open APIs in the
Fintech
ecosystem
Programmable Web; 2013
89
508
15
312
60
348
Slide6Banks are moving to Open APIs
Open
Bank
Project/Bank Innovation
Understanding APIs in Banking report; Oct. 2015
Slide7Why are Banks Opening their APIs?
To more effectively partner/compete with Fintech
startups to create customized solutions
To provide clients a more streamlined way to integrate and access bank data
Drive incremental revenue by accelerating uptake of value-added
services
through direct & indirect channels
Harness the power of the developer ecosystem to drive innovation
Slide8Key Areas of focus for Banking APIs
Providing access to more data and/or using data in new ways
(customer, account or transactional data)
Removing
friction from purchases and P2P payments
(giving customer payment choices, enabling cross-border payments)
Enabling financial transactions in new channels
(Facebook, digital wallets)
Providing
digital investing and lending applications
(crowd-funding, P2P lending)
Slide9Banking and Open APIs – In the News
Slide10Slide11Slide12Barclays offers APIs via Developer Network
Slide13Credit
Agricole
Launches App Store
Slide14Slide15Slide16Slide17http://www.capitalone.io/blog/hello-great-people
/
https://developer.capitalone.com/
http://www.programmableweb.com/news/capital-one-launches-first-true-open-banking-platform-u.s./2016/03/11?platform=hootsuite
Capital One Launches new Developer Portal
Slide18Slide19