Digital API Platform
Digital API platform
hSenid Mobile’s digital API platform enables banks to drive innovation through collaboration. It enables bank users to experience an easy friction-less banking service through hSenid Mobile’s digital banking APIs.
The Exclusive API Management Platform For Banks
Using a Digital API Platform, banks can open up their data to third party companies, with the consent of customers, to build their own applications and expose a range of value-added services. It helps financial services customers to securely share their financial data with other financial institutions and transform the way customers’ bank online. The customer has the full control over what transaction information they choose to allow access to and ether have the authority to stop the services anytime they want.
A more accurate picture of the customers’ financial situations and risk level will help lenders to offer more appropriate loan terms through the use of open banking APIs. It could also help consumers get a more accurate picture of their own finances before taking on debt. Similarly, a digital APIs can automatically calculate what customers can afford based on all the information in their accounts, monitor customer accounts, and make use of these data to understand customer needs and wants to provide a better service.