What is API?
API is a set of protocols, routines, and tools for building software applications. The main principle of API is to specify how software components should interact. Application Programming Interfaces make it easier for developers to use certain technologies in building applications. APIs are one of the most common ways technology companies integrate with each other
In FinTech and banking, API is used as a method of communication between third parties and online banking systems. For instance, an independent payment or financial service provider can access certain data about a certain user through his or her bank account by relying on the already undergone KYC process. However, unlike the critics argue, a banking API can be granted access to customers’ data only after full consent is given.
SDK.finance RESTful API solution
In general, RESTful API means an application program interface (API) that uses HTTP requests to get, put, post, and delete data. SDK Finance RESTful API offers a solution for all financial institutions which allow them to speed up their digital growth. SDK Finance platform allows bank developers and other financial institutions to build multiple products on SDK Finance API, including different payment services, digital wallets, P2P money transfer, currency exchange, and other products.
SDK Finance API is built on the world’s largest framework, Swagger, it allows us to keep all API’s build processes including design, documentation, and implementation synchronized and updated automatically.
Within the last two years, our team has brought most of its efforts to increase the scope of functionality covered by API. The progress is significant. The latest API release has expanded to 345 APIs.
The latest updates and the current list of APIs you can check here.
API endpoints progress
Functionality SDK.finance that available through API