Creating and Optimizing Revenue Channels With APIs

A multinational banking corporation with a long history of providing retail and investment banking services needed to find a way to develop new revenue channels and optimize existing channels. Taking a Disrupt or Be Disrupted mindset, the bank realized it needed to open up its banking applications for partners to use, and that APIs provided a great vehicle to fulfill this business strategy.

To enable the bank’s goals of automations, innovation, and co-creation, they purchased the Akana Enterprise API Platform as the foundation of its API strategy and developer network. The Platform provides the bank with an industry standard way to publish APIs with a set of common best practices for RESTful design, security, operating models, and legal frameworks.

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