Through this partnership, Yapily and Ozone API will provide banks with the infrastructure to play on both sides of the Open Banking ecosystem. Delivering standard-based APIs to provide a platform for developers and access to technical enterprise connectivity platform in Europe to power their own propositions. This will enable banks and financial institutions to build and launch financial products customers want to use, while ensuring they are using the highest quality performing APIs.
By joining forces, the fintechs have created an ecosystem that enables banks to monetise Open Banking; one where they can build services that will retain customers and generate new revenue streams.
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