U.S. banking giant Citi claims to have launched the most comprehensive global API Developer Portal to date in the financial services industry.
Citi has announced the launch of a new global API Developer Portal (developer.citi.com) to rapidly connect with developers and enable them to build innovative client solutions faster than ever before, the bank said in a statement today.
The release of Citi APIs marks the evolution of Citi’s technology to open architecture to facilitate collaboration and partnerships with fintech companies and consumer brands across the globe to benefit customers.
Through the global developer portal, Citi will grant developers access to APIs across six usage categories, including account management, peer to peer payments, money transfer to institutions, Citi rewards, investment purchases and account authorisation. Additional categories will be added over time.
Monetary Authority Approval
The Global API Developer Portal launched today. Developers are invited to register their interest at developer.citi.com where they will be given tools to connect in a development sandbox, enabling them to put their ideas to practice
«We are delighted that Citi Singapore is playing a leading role in developing and launching this global API initiative during the Singapore FinTech Festival. This will encourage open collaborations with the fintech community and potentially deliver better financial services for customers, as well as re-affirm Citi’s thought leadership in shaping the future of financial services,» said Sopnendu Mohanty, Chief FinTech Officer of the Monetary Authority of Singapore.
