Banking Industry Architecture Network (BIAN) joins SmartBear to explore API lifecycle and the future of digital financial services on Thursday, April 7, 2022
GALWAY, Ireland and SOMERVILLE, Mass.
March 30, 2022
SmartBear, a leading provider of software development and quality tools, along with the Banking Industry Architecture Network (BIAN), a global collaborative not-for-profit organisation with more than 80 member organisations from the financial industry, is hosting the live webinar, “BIAN + SmartBear: Enabling Open Banking Adoption and FinTech Innovation,” on Thursday, April 7, 2022. BIAN’s Program Manager, Arnab Mitra, and Executive Director, Hans Tesselaar, are coming together with Micheál Higgins, Senior Solutions Architect at SmartBear to explore best practices in the API lifecycle and the future of digital financial services.
WHAT: Live Webinar: “BIAN + SmartBear: Enabling Open Banking Adoption and FinTech Innovation,” Hosted by SmartBear with Guests from BIAN
WHEN: Thursday, April 7, 2022 at 9:00 a.m. EDT/3:00 p.m. CET and Friday, April 8, 2022 at 2:00 p.m. AEDT
As businesses adopt and create APIs at an accelerating pace, API estates have grown exponentially. APIs enhance the customer experience, enable fintech collaboration and partner connectivity, and support industry initiatives like open banking.
“Financial services organisations need thoughtful strategies for their APIs as rapid API growth has introduced fragmentation in how APIs are designed, built, and secured, making it difficult for financial institutions to easily realize the advantages of an open platform,” said Arnab Mitra, Program Manager at BIAN. “BIAN has set standards for financial APIs, easing integration challenges for users. Together with SwaggerHub, financial institutions like BIAN are easily consuming these standards and driving forward FinTech innovation.”
SwaggerHub fosters API collaboration and standardization across multiple teams. By leveraging SwaggerHub as your single source of truth for API definitions, teams deliver high-quality APIs to market faster. The webinar includes a live demo of the BIAN model and API landscape using SwaggerHub.
The webinar also covers standards and governance trends in the fintech API development space and benefits of open banking and partner ecosystem connectivity.
Established in 2008, the Banking Industry Architecture Network (BIAN) is an independent, member owned, not-for-profit association, designed to build and promote a common architectural framework for banking interoperability issues. BIAN’s goal is to define operability and semantic definitions for IT services in the banking industry.
The community of over 80 members focuses on creating a standard semantic banking services landscape, while ensuring consistent service definitions, levels of detail and boundaries. This will help banks to achieve a reduction of integration costs and take advantage of a service-oriented architecture.
Financial institutions, software vendors, and system integrators, along with technology partners, are invited to join the association and play a collaborative role with other industry leaders in defining, building, and implementing next-generation banking platforms.