DCB Bank has launched its open banking platform in partnership with some 20 startups, fintechs, merchants and developers. This is part of the bank’s efforts towards creating a collaborative ecosystem with enterprises, fintechs and app developers, and enhancing customer-service delivery. The bank’s MD and CEO Murali Natrajan said the open banking platform is the way forward for banking in the digital and e-service era and the bank is partnering with fintechs and startups to introduce the service for the benefit of its customers. The bank said the open banking platform APIs will provide seamless integration of banking services by improving the existing banking technology infrastructure and at the same time meet the growing demand for innovative solutions from new-age customers.
