Are you ready for Open Banking? We are!
FEATURES
To drive digital banking, to enable internal business functions to exchange information with each other and with external partners safely and securely, Application Programming Interface (API) is a critical communication tool. Simply stated, API is a built-in accelerant designed to connect one app to another, or to a third party. Modefin, ever the pioneer, has already developed API management applications which will help Banks to “open up” when Open Banking becomes the norm.
value proposition Why API Manager from Modefin
Connects user-facing front end with back end functionality and data.
Enables analytics, account authentication, account information, payment processing and management of loyalty programs.
Ideal for transaction-related problem-solving - failed payments, non-compliant overseas transfers and blocking of payments at short notice.
Designed to interface with IoT devices, customer apps, partner apps and the Bank’s Omnichannel platform.
With API Manager in place, banks have flexibility to add new revenue streams, increase access to additional customer data and develop new distribution channels.
Modefin’s structured API catalog makes APIs discoverable and avoids use of multiple and redundant APIs.
Insights
Success Stories
Universal Merchant Bank Ghana
Universal Merchant Bank (UMB) is a leading indigenous bank in Ghana which offers a diverse range of financial services to meet the banking needs of its customers.
Equity Bank Kenya
Equity Bank Fuels massive Transformation; migrates 3.5 mn SIM application Tool kit users and brings flexibility, stability and cost savings.
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