digital disruption fueled by api - hyperlogydigital, builds $1.6b payments business, drives 21% of...
TRANSCRIPT
Coffee company goes
digital, builds $1.6B
payments business,
drives 21% of
transactions
Car company offers
connected car, improves
driving experience, sells
vehicle data to partners
Bank spurs innovation by
offering hackathons,
integrates rewards program
with Fintechs
Digital Disruption fueled by API
How API Supports Customers for Digital Economy?
In P
erso
n
Web
site
Business Product OfferingsEnterprise Transactions, Data, Content, …
OpportunityPotential Customers
Reach Untapped Opportunity
In P
erso
n
Web
site
APIs - Enabling the New Digital Channels
Mo
bile
Ap
ps
Part
ne
rin
g B
2B
3rd
Part
y A
pp
s
Soci
al
Net
wo
rks
IoT
/ D
evic
es
Business APIs
Business Product OfferingsEnterprise Transactions, Data, Content, …
OpportunityPotential Customers
Reach Extended Reach
APIs - Enabling the New Digital Channels
5
Three Common Models of Digitalization with APIs
Private API(Mobile & Web)Meet demand for efficiency improvement within the bank across mobile, applications and business functions and processes
Partner API(Channel)
Deliver on business development opportunities with other partners. Leverage modern and traditional channel to improve the partnership
Open API(Innovation)
Inspire Fintech to create a new innovative business model to extend customer reach, increate revenue and enhance customer experience
From Private to Open - API Types from Business Perspective
7
Integration and Automation
Private APIs
Expand business with selected/trusted partners
Partner APIs
Innovation, profit, expand business with unpredictable
partners
Open APIs
Open Banking is a Revolution for the whole industry
https://www.openbanking.org.uk/customers/what-is-open-banking/ 8
https://vimeo.com/259170366
https://vimeo.com/258618825 (overview)
https://vimeo.com/256571457 (personal finance)
https://vimeo.com/258620538 (p2p lending)
Many more…
Bring data openly from bank to consumers in
the secured and permissioned manner
APAC Open Banking API Index
9
Regulatory Guidelines for Open Banking
10
…..
APAC Adoption of APIs
Group Name / DOC ID / Month XX, 2018 / © 2018 IBM Corporation 11
IBM Open Banking Launch in Nov 2018
Discover IBM API Connect for PSD2 and Open Banking
API Reference Architecture for Banking
15
App
Developer
Fintech
Developer
API
Manager
API OwnerEnd User
References
16
•
•
•
IBM Open Banking Sandbox
18
AP
I M
ark
et
Share
Thank you
20
Nguyen Tuan Khang | [email protected] | 0913008994
Senior Solution Advisor
Hybrid Cloud Integration Software
IBM Vietnam