80% of Asia Bankers See Themselves as Open APIs Losers

Fintech gini reveals an industry survey to identify Open Banking opportunities and obstacles

HONG KONG, Dec 12 (Bernama-BUSINESS WIRE) — gini, the Hong Kong based data-driven banking solutions provider reveals a recent survey on Open APIs readiness among Asian fintech industry professionals. Only 20% of bankers saw themselves as the winners from Open APIs, even though 70% said sharing customer data is the future of their business. Fintechs are viewed as the biggest winners, with unclear regulation and cybersecurity concerns cited by a majority of bankers as the biggest obstacles they will face when adopting the new Open APIs technologies.

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