Kickstart Your Open Banking Journey with Axway’s Amplify Solution

Ready to accelerate your Open Banking strategy? Learn more about Amplify Open Banking by Axway. Discover how Axway is helping financial institutions like banks and credit unions modernize their data integration and launch Open Banking initiatives faster and more securely. In this video, we dive into Axway’s Amplify Open Banking solution—what it offers, how it works, and why it's a game-changer in the world of digital finance. 🔐 What Open Banking means and how Axway ensures secure, consent-driven data sharing. ⚙️ Key components of Amplify Open Banking, including pre-built FDX APIs and low-code no-code integration tools. 🚀 How Axway brings your vision to life. Dive deeper with 5 frequently asked questions about open banking: https://resources.axway.com/amplify-open-banking-product/amplify-open-banking-faq?utm_source=youtube&utm_medium=social&utm_content=video_ob_faq [Full video transcript] What does Axway do? Axway specializes in API management, Manage File Transfer, B2B/EDI integration, and data flow governance. Our core value lies in helping enterprises with integrations, security, and governing the data flow across complex hybrid IT environments, including on-premises and cloud, SaaS and legacy systems. What does Axway do for the financial vertical? Financial vertical, that is, banks, credit unions, payment processors, insurance companies, wealth managers. They have unique demands around security compliance, agility, and legacy tech modernization. We help them with secure and compliant data movement. We integrate with core banking, payment, and mainframe systems without needing to rip and replace. We bridge the gap between old EDI/B2B protocols and new edge needs with modern APIs and event-driven solutions. We also do API driven Open Banking enablement. We help banks build and manage Open Banking APIs. We are doing it in Europe, for a few years now, and help banks to become compliant with PSD2 by implementing the volume Group APIs, and are doing the same in the US with FDX APIs. What is the business value of Amplify Open Banking? Open banking is a global movement aimed at unlocking innovation by securely sharing financial data through APIs. With Open Banking, authorized third parties can access your data, but only with your consent. At Axway we are leading the way with our Amplify Open Banking solution. Amplify Open banking powers financial institutions to seamlessly share data with third parties, while ensuring robust security, and meeting regulatory compliance demands while enhancing customer trust, and unlocking new revenue opportunities. Open banking isn't just about compliance, it is about enabling innovation and stimulating the business growth. Is there an example of a bank where you have successfully implemented the solution? Yes, Regions Bank partnered with us and is embarking on their open banking and open finance journey with the help of Amplify Open Banking solution. They have got this solution and FDX APIs. At the moment, we are working with them to help them go live by integrating with their backend systems. What is the Axway difference? Our differentiation is in our holistic approach we have taken while building the solution. We provide all the components that are required to be successful in open banking and open finance journey. Our solution offers an intuitive developer experience with seamless third-party onboarding and management. We have got pre-built Open Banking FDX APIs with robust security flows and continuous updates to keep up with evolving regulations and market needs. We have an extendable consent management module, future enabling the financial institutions to ensure security as their open finance strategies and objectives change. And we also have a streamlined integration experience, featuring a low-code/no-code environment and a wide range of predefined connectors to effortlessly link to the backend systems. #OpenBanking #APImanagement #FintechSolutions