Citi Launches Global API Developer Hub To Enable Open Banking

KUALA LUMPUR, Nov 11 (Bernama) -- Global bank, Citi, has launched a new global API (application programming interface) Developer Hub to rapidly connect with developers and enabling them to build innovative client solutions faster. The Global Developer Hub, developed by Citi FinTech and Citi teams in Asia, North America and Mexico, is the latest in a series of Citi innovations including pioneering the first round-the-clock auto teller machines and introducing the first banking application for Apple Watch. In a statement Friday, Citi said through the global API Developer Hub, developers would be granted access to account management, peer to peer payments, money transfer to institutions, Citi rewards, investment purchases and account authorisation. Citi Global Consumer Banking Chief Executive Officer Stephen Bird said: "Citi's Global Developer Hub advances our open-innovation approach in delivering cutting edge solutions and enabling new streams of value for clients, partners and developers. "The rapid pace of technological change demands transformation from the inside out and the outside in." By creating a collaborative ecosystem of leading brands and developers, Citi would be able to offer a complete range of products, services and experiences to meet its clients' financial needs today and in the future, he added. -- BERNAMA