Why banking APIs? What's it for banks? Summarizing opportunities and threats for banks and exploring the Open Bank Project API.

1. The Tao of Banking APIs
Ismail Chaib - @OpenBankProject

2. Background
• COO Open Bank Project
• Joined early!
• Built a Telco API startup before
• Tweet @iChaib

3. Opportunities

4. Threats

5. No longer a pioneer thing…

6. Key challenges…
• Security
• Ability to scale and monitse
• API that developers use

7. The Open Bank Project is an open
source API and App Store for banks
and a community of developers using it
Our solution

8. API and App store for Banks
OBP API
Bank’s Legacy IT System
Bank’s
Customers
Provided by
their bank
OBP App Store
3
2
1
(On different
platforms)
Use innovative
financial apps
Card-linked offers
Cash management
AccountingERP KYC
CRM
Crowdfunding
jQuery
Savings
GamificationData
Visualisation
Advisory PFM
AML
Anti fraudRegulation
Your bank’s
data center /
cloud
How it works
Open Bank API fosters a customer-centric open innovation ecosystem

9. Love Insurance

10. Selfie Bank
Selfie BankRegister for Selfie
& take several
‘Selfies’
Register for Selfie
& take several
‘Selfies’
Take Photo and Click Pay
App Sends Photo and
amount to Pay
Selfie matches
photo to the
Account and Pays

11. KidsView

12. Mortgage Masher

13. 2000
banks +100
developers
17 apps

14. Ismail Chaib
ismail@tesobe.com
www.openbankproject.com
Thanks