Elias Gagas
Chief Digital
Officer

1 2 3
Financial Messaging Libraries for
SWIFT, SEPA & ISO20022 standards
Messaging standards
API Framework
1. Bespoke Projects Development
2. Treasury Management System
3. PFM
4. Card Processor Core System
Innovation + R&D

API is the new digital language
Banks need to speak it fluently,
or risk becoming isolated and eventually
disintermediated, by API native speakers.

API is a new channel
API
TMS
PFM
?
???
AISP
PISP

It’s not a question of if, or when.
It’s how many of them.
Banks have the opportunity to learn
from the techniques & practices
of Internet Giants (amazon, google etc.)

The Bank of the Future
Inter-Connected
Open
APIs
Everyday Bank
Platform
BaaSBaaP

Build
To “Play” the API game you need to
Manage Distribute

APIs to
Core Systems
Integration
API SandboxDevelopers Portal
APIs
Runtime
API Management
FinTech
Developers
Financial Institution
Client
Applications
API Analytics
Banking
Core
Systems

PSD2 = APIs
Open Banking = APIs
The EU, via PSD2, is leading
the Open Banking movement

The API movement is HUGE!
You can now reach:
Your customers + FinTech ecosystem
PSD2 is not compliance
its your biggest opportunity

Of Banks have either already
launched, or plan to launch within
the next 12 months, an API initiative
Banks are already working
on APIs!
Source: More Banks Working on APIs in 2016, But Bureaucracy Remains a Problem | Bank Innovation
78%

It needs a multidisciplinary team & skills / tools
Technology + Business + Marketing
APIs are not about technology
it’s about your Business, Re-Imagined

64 Princes Court , 88 Brompton Road , Knightsbridge, London SW3 1ET, United Kingdom | Tel. : +44 2071172538 | www.paymentcomponents.com
@paymentcomp
FinTech API Experts