Citi Launches Global API Developer Hub to Help FinTech Companies Innovative Better Customer Solutions

By Apac CIO Outlook | Tuesday, November 15, 2016

Citi announces the launch of a new global API Developer Hub to promote the financial services industry. It marks the evolution of Citi’s technology to open architecture, facilitating collaboration and partnerships with FinTech companies and consumer brands across the globe to benefit customers.

The latest solution rapidly connects with developers and enables them to build innovative client solutions faster. The company has teamed up with several other companies, including Mastercard, Virgin Money and Wonder, that are leveraging Citi API’s to develop innovative customer solutions.

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Citi will grant access to APIs across eight usage categories, including account management, peer to peer payments, money transfer to institutions, Citi rewards, investment purchases and account authorization through the global API Developer Hub for developers.

“Citi’s Global Developer Hub advances our open-innovation approach to delivering cutting edge solutions and enabling new streams of value for clients, partners and developers,” says Stephen Bird, CEO, Global Consumer Banking, Citi. “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, we will be able to offer a complete suite of products, services and experiences to meet our clients’ financial needs today and in the future.”