Treasury technology provider, FinLync, has released its inaugural ranking of bank application programming interfaces (APIs), revealing the best and worst practices of API design. The report, which is to be published annually, aims to guide corporates as banks expand their API offerings, FinLync’s head of Solution Engineering for North America, Mitch Thomas, told CorporateTreasurer.
Banks’ API offerings were ranked based on factors such as depth of data, security, documentation, and testing and development. It highlighted HSBC, Standard Chartered and Wells Fargo as the top three banks for corporate API offerings based on these criteria.
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