Red Hat: APIs are not enough: How open communities will make open banking truly disruptive
Open source has disrupted how technology is built, distributed, and supported across all industries, including financial services. The most innovative technologies used today have grown from open source communities. Linux®, Android, Kubernetes, Hyperledger, and thousands of other critical open source projects power the digital economy. Open source communities are successful because they go beyond providing access to source code—they honor the principles of transparency, accountability, participation, collaboration, and access.
Open banking is revolutionizing how banking products are created, distributed, and serviced. Application programming interfaces (APIs) built on top of digital platforms are necessary, but banks also need to build a trusted and open ecosystem—one that provides value to customers and extends products and services to incumbents and challengers alike. Join this session to hear how you can build a sustainable community of innovation with open banking.