API IN OPEN BANKING

Authors

  • Abduvahobov Shohruh Xolmo'min o'g'li Doctoral student of the Academy of Banking and Finance of the Republic of Uzbekistan

Keywords:

Open bank, API, financial data exchange

Abstract

In the modern era of digital transformation, open banking systems have emerged as a catalyst for financial innovation and improving customer experience. At the heart of this revolution lies the API (applied programming interfaces), which provide a secure and standardized exchange of financial information between different stakeholders. This article examines the critical role of APIs in open banking systems, highlighting their importance, underlying methods, outcomes, and implications for the financial sector

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Published

2023-05-28

How to Cite

Abduvahobov Shohruh Xolmo’min o’g’li. (2023). API IN OPEN BANKING. World Economics and Finance Bulletin, 22, 193-195. Retrieved from https://scholarexpress.net/index.php/wefb/article/view/2795

Issue

Vol. 22 (2023): WEFB

Section

Articles

License

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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.