Open Bank Project workshop at API Days, Open BankIng and Fintech, London 2015
- 1. Simon Redfern, CEO Bank as a Platform Transparency as an asset Workshop
- 2. Our Vision 1995! Why do we need a Web site?! 2000! 2010! 2020! Of course we have a Web site! Of course we have an API! Why do we need an API?! In the future, every bank will have an API “By 2016, 75% of the top 50 global banks will have launched an API platform and 25% will have launched a customer-facing app store”! “Bank as a Platform”: Modern, open APIs accelerate sustainable and secure customer-centric banking innovation by leveraging an ecosystem of third party applications and services. !
- 3. The Open Bank Project Is an Open Source API for banks! 1/ Open Banking API! 2/ Developer ! Community! 3/ Apps! Open Bank Project
- 4. Application.. 500+ developers using the Open Bank Project API!
- 5. ..Ecosystem ...The possibilities are endless!!www.openbankproject.com/apps!
- 6. Open Source API stack • RESTful banking model • Scala in JVM • OAuth included • Data and Auth Connectors • Linked Metadata and Entitlements • Dual licensed AGPL & Commercial • Github https://github.com/ OpenBankProject/
- 7. Developer Tools Apache Licensed SDKs (Handle the OAuth flow) Run locally
- 8. OAuth
- 9. Versioning https://bnp-paribas.openbankproject.com/obp/v1.2.1/banks https://ulsterbank.openbankproject.com/obp/v1.3.0/banks In URL (easy to read / test)
- 10. Documentation Github Wiki: https://github.com/OpenBankProject/OBP-API/wiki/REST-API-V1.4.0 API to document API J
- 11. API Explorer Explore API in context of the logged in user J
- 12. Documentation in code Near the Code – So we can add HAL
- 13. Multiple Banks /banks/BANK_ID Try it: https://sofi.openbankproject.com/api-explorer • rbs • natwest • ulster-bank-ni • ulster-bank
- 14. Multiple Account Views Multiple views on an account (don’t assume owner is accessing) /accounts/private • owner • auditor • public • shareholders • regulator • add-your-own
- 15. Fine grained permissions Entitlements on each account view: /banks /BANK_ID /accounts /ACCOUNT_ID /VIEW_ID /account
- 16. Transparency Options • Guest Access (accountant, auditor) • Public Views (NGO, Charity) • Aliases for Counterparties (preserve privacy)
- 17. Meta Data • Counterparties (urls, geolocation) • Transactions (tags, comments) • Customers (face image) • Etc. Stored outside Core Banking System
- 19. Next Hackathons Banks can leverage the OBP API to create better customer relationships RBS - Edinburgh, Oct 9th-11th ! London, Nov 7th-8th ! Delhi, Dec 14th-16th !