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DBS rolls out banking API developer platform

Thursday 2 November 2017 00:12 CET | News

DBS has launched the banking API (application programming interface) developer platform, boasting of more than 50 successful collaborations to date.

The APIs allow other brands, corporates, fintechs and software developers to talk to the bank to access a breadth of services, including funds transfers and peer-to-peer payment service PayLah!.

All in, DBS has launched 155 APIs for Singapore across more than 20 categories. More categories will be added in response to demand.

The collaborations already in place include that with McDonalds, which has introduced the payment option - PayLah!, to its delivery customer base this year.

APIs are sets of requirements - routines and protocols - issued by a business or institution that determine how one application communicates with another. 


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Keywords: DBS, banking app, API, developer platform, digital banking
Categories: Banking & Fintech
Companies:
Countries: World
This article is part of category

Banking & Fintech