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Open (innovation) banking

documentation center beta version | Greek cooperative banks

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   * Bank of Thessaly AISP Guide
   * Bank of Thessaly PISP Guide
   * Epirus Bank AISP Guide
   * Epirus Bank PISP Guide
 * Sandbox Guide

As technology is advancing and more and more users of banking services are
adopting the digital operating model, Banks are struggling to provide products,
solutions, applications and systems that satisfy digital customers.

Banks, as organizations, have the potential to develop new innovative solutions
on their own. However, internal innovation is a difficult issue and they usually
need help from third parties. External assistance is generously offered by
innovative fintech companies that are trying to develop new innovative products
and solutions but do not have customers, which banks do. All this is an
innovation path that the organization has to walk in order to get on the digital
transformation train. Innovation competitions, hackathons, incubators,
accelerators, startup as a company are words we should start getting used to…

A new business model is emerging that can accelerate the digitization of a bank
and turn it into digital-enabled. At the same time, this situation opens a
window for collaboration with technology companies, finteh, startups,
developers, digital banks and services around the world.

A catalyst for accelerating such partnerships is the means of communication
between the bank and the new services, i.e. APIs. An API (Application
Programming Interface) is the interface of the programming processes provided by
an operating system, library or application to allow requests from other
programs and / or data exchange.

Based on APIs, a new ecosystem of applications with multiple capabilities for
those involved is created. The creation of the ecosystem leads to the
cooperation of new companies, developers and technology experts with the Bank,
with no geographical limitation, thus boosting and strengthening its business
model internationally.

API Developers Portals are the digital meeting, documentation and collaboration
space of organizations and technology providers.

Thus, their collaboration along with the help of APIs can lead to the creation
of new products, applications and solutions.

Explore the functionalities of the sandbox portals and get your application
ready to move to production by following the extensive guides for AISP and PISP
TPPs.

Bank of Epirus:
https://docs.sandbox.openbank.crowdapps.net/epirus-sandbox-usage-scenarios/
Bank of Thessaly:
https://docs.sandbox.openbank.crowdapps.net/thessaly-sandbox-usage-scenarios/

 * Home
 * FAQs
 * Production Guideexpand child menu
   * Bank of Thessaly AISP Guide
   * Bank of Thessaly PISP Guide
   * Epirus Bank AISP Guide
   * Epirus Bank PISP Guide
 * Sandbox Guide

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