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On the other hand, it would be great for consumers and those wanting to offer software in the banking ecosystem if there were more standardization in the bankin
by curun1r 9y ago
On the other hand, it would be great for consumers and those wanting to offer software in the banking ecosystem if there were more standardization in the banking industry. I'd be surprised if anything a bank does is so unique that it requires all their software to be bespoke. Perhaps we could get better security and usability if there were some large providers that offered key software to almost everyone in the industry.
- raesene9 9y agoIn the UK at least, we have a ray of hope on that front as mandatory Open banking APIs are on the way (https://www.openbanking.org.uk/ https://www.openbanking.org.uk/) which should make it a lot easier for software providers to write applications on top of existing accounts and providers.