HSBC has launched a new API Developer Portal, which will give customers access to tools that can be integrated with its API features into their own products.
The bank said that the portal enables customers and developers to find the right APIs for their business needs, access the technical documentation, and try out APIs in the test environment.
Initially, the portal will provide access to treasury payment and account information APIs, and a number of APIs for trade processing, custody holdings, bank guarantee status and global disbursements.
The portal also allows third party providers in the 15 markets where Open Banking Regulation has been implemented to access payment and account information APIs for retail, business and corporate banking.
HSBC announced that it would regularly enhance the portal with more API solutions over the next few months. Eventually, the bank said, the portal will house all of the bank’s regulatory and non-regulatory APIs.
“APIs are the future of corporate-to-bank connectivity, and the launch of our Developer Portal is the natural next step,” said Nadya Hijazi, head of digital, global liquidity and cash management, HSBC. “By opening up our API suite to customers and developers, we’re enabling them to rapidly integrate our solutions into their own products.
Hijazi added: “Embedding our insights into customers’ own businesses will make them more resilient, and less dependent on the limitations of their own technology.”
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