Open Bank Project - Open source API and app stores for banks

Basic principle - If you have an API, u get an ecosystem of apps and services, s/w developers and
companies, cool app services and platforms. May be covering niche mkts like Arabic interface to german
bank or vice versa
Bankers ecosystem are good for core services. If you look at amazon, google,etc they are benefitted by
opening up their APIs.
Banks dont really understand the
If we want to take a very cool app to the bank, we will hv to take an API underneath. that this is an api
and btw this is our open bank project. Two months later, do u knw u could open this api with other s/w
developers.
Something like a Trojan horse
All in one, aml etc.