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Banking API Use Case Series - Help corporate banking customers automate workflows and improve liquidity

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APIs open new opportunities to expand relationships and build customer loyalty

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Open APIs are used for more than just building banking products. In many cases, they are used by existing corporate customers who want to use a bank’s APIs to automate internal workflows or integrate bank data directly into their business processes.

Banks in Asia-Pacific and Europe report that around 80% of their open API users are corporate customers. These customers are less likely to switch banks because they are integrating their accounts directly into their processes via APIs.