Open Banking Platforms
Asia Pacific
API Products API Maturity
Across Asia and the Pacific region, the majority of APIs
are available as production APIs. The large number of
production APIs for specific functionalities being released
by DBS Bank (Singapore) and OCBC (Singapore and
Malaysia) does skew results to suggest more activity in
the region than is apparent across all banks.
Open Banking Platforms
Open Banking Products
13
2017
77
2017
20
2018
217
2018
54%
growth rate
182 %
growth rate
46 Payments
10 Other
49 Accounts
1 Closed Beta
1 Identified
product
9 Open Beta
22 Identity
(KYC & authentication)
Credit scoring/ 7
loan pre-approvals
Credit Cards 14
Bank products/ 14
ATM Locations
Data products 2
Sandbox with 4
multiple features
Trading 5
Production
level 206
FX 6
Loyalty/rewards 20
Utilities 18
Australia 5
Hong Kong 1
Philippines 2
Vietnam 1
Taiwan 1
Singapore 4
India 2
Indonesia 2
Malaysia 3
Cambodia 1
Thailand 1
15
Open BanKIng plaTfORmS
