Treffer: Bank tech trends for 2025.
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This article discusses the importance of API governance in the banking sector. APIs, or application program interfaces, are used by banks to facilitate data exchange and offer customized services to consumers. However, without clear API practices and processes, banks risk security breaches, non-compliance penalties, and operational inefficiencies. The article emphasizes the need for effective API governance to ensure banks can navigate the complexities of evolving technology and regulatory circumstances. It also provides recommendations for implementing API governance, such as defining API design standards, implementing centralized policies, and monitoring API performance. [Extracted from the article]
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