open bank project at apidays open banking and fintech apis 2015

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Simon Redfern, CEO Bank as a Platform Transparency as an asset

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Page 1: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

Simon Redfern, CEO

Bank as a Platform

Transparency as an asset

Page 2: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

How similar?

Page 3: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

Banks can leverage the OBP API to create better customer relationships

78 40

25 20

Architecture

Page 4: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

Our Vision

1995!

Why do we need a Web site?!

2000! 2010! 2020!

Of course we have a Web site!

Of course we have an API!

Why do we need an API?!

In the future, every bank will have an API

“By 2016, 75% of the top 50 global banks will have launched an API platform and 25% will have launched a customer-facing app store”!

“Bank as a Platform”: Modern, open APIs accelerate sustainable and secure customer-centric banking innovation by leveraging an ecosystem of third party applications and services. !

Page 5: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

The Open Bank Project

Is an Open Source API for banks!

1/ Open Banking API!

2/ Developer !Community! 3/ Apps!

Open Bank Project

Page 6: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

Open Banking journey

Banks can leverage the OBP API to create better customer relationships

Page 7: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

FinTech Innovation Lab

Banks can leverage the OBP API to create better customer relationships

Page 8: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

First Hack/Make the Bank

Page 9: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

Application..

500+ developers using the Open Bank Project API!

Page 10: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

..Ecosystem

...The possibilities are endless!!www.openbankproject.com/apps!

Page 11: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

Developer Tools

1! Apache licensed SDKs!

2 Documentation end point!

3 API Explorer!

4! Sandboxes / Backend!

Page 12: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

Open Source API stack

•  Open RESTful banking model •  Scala in JVM •  Metadata / entitlements / views •  Connectors

Page 13: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

Past Participants Past Participants Our clients include leading and global tier one banks. We have setup an OBP sandbox environment in more than 15 cities. "

Customers and Past Participants Banking Clients & Partners

Over 500 developers using the Open Bank Project API!

k

Page 14: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

Next Hackathons

Banks can leverage the OBP API to create better customer relationships

RBS - Edinburgh, Oct 9th-11th !

London, Nov 7th-8th !

Delhi, Dec 14th-16th !

Page 15: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

A long-term partner

Banks can leverage the OBP API to create better customer relationships

Page 16: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

A long-term process

Banks can leverage the OBP API to create better customer relationships

PSD2

Page 17: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

APIs are here to stay

Banks can leverage the OBP API to create better customer relationships

1995!

Why do we need a Web site?!

2000! 2010! 2020!

Of course we have a Web site!

Of course we have an API!

Why do we need an API?!

…and we can help with your open banking journey!!

Page 18: Open Bank Project at APIDays Open Banking and Fintech APIs 2015

Simon Redfern!@simsysims!

@OpenBankProject"www.openbankproject.com"

"www.hackmakethebank.com"

"

Thank You!