BBVA is kickstarting the launch of it open banking program by making eight of its APIs commercially available for the first time.
The launch of BBVA API Market comes after the Spanish bank spent more than a year working with developers and businesses to optimize the way the Open API service would be delivered.
In opening up with APIs like this, BBVA has become one of the first major banks in the world to deliver open banking – a move which is intended to lead to significantly increased products and services for customers and clients.
In making commercially available eight APIs through the BBVA API Market, companies, startups, and developers will be able to build new products and services by accessing and integrating customer’s banking data – with their permission – into their applications.