Open banking is poised to change the banking ecosystem by creating more competition and better products and services. It will also push the concept of data sharing to the next level. A controlled and secured architecture is the backbone of this evolution.

Minakshi Ghosh, Twimbit’s lead analyst on the subject along with Bhupinder Saini, COO of Openitio Limited, explores how APIs have become the de-facto growth engines for the future of banking.

Here we discuss the key enablers of this phenomena.