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Scaling for the next generation with APIs in the cloud

August 16, 2019 / Nicole Ogrysko

Research suggests that mobile banking transactions are expected to double by 2022 in the US, and at the same time, there will be a 36% decrease in visits to retail bank branches. In order to be ready for this shift, banks must modernise their cumbersome core systems, which often run on-premises and in doing so, limit capacity, flexibility, and innovation.Finextra spoke to Eugene Danilkis, CEO at Mambu, about their 'Digital Innovation How will APIs transform banking in the US report, how to increase internal efficiencies, connect to an array of services and roll out new digital products and services without expensive and lengthy integrations. Mambu is an Advanced Technology Partner in the AWS Partner Network (APN) and has achieved AWS Financial Services Competency for its expertise in helping financial institutions accelerate their journeys to cloud.