Sibos London 2019: Banks that fail to embrace APIs ‘face existential threat’

FSTech | David Adams | Sep 24, 2019 FinTechs could usurp banks to become the primary providers of consumer and business services if the incumbents fail to embrace Application Programming Interfaces (APIs) as a means of reforming and reinvigorating business processes. This was according to Citi’s Tony McLaughlin, who has responsibility for emerging payments business