• Hemish Prakash Chandra Kapadia

The COVID-19 epidemic served as a catalyst, quickening the transition to digital banking ecosystems and bolstering the desire for innovation driven by APIs. Institutions quickly adopted open banking frameworks in response to the disruption of traditional financial operations in order to accommodate remote service delivery and adapt to changing customer needs. Through safe API linkages, this shift unveiled significant prospects for improved automation, interoperability, and data-driven client interaction. Standardized procedures and compliance models were implemented under the guidance of emerging regulatory frameworks in Europe and Asia, and digital platforms evolved from technological components to strategic commercial assets. Particularly in emerging nations where fintech ecosystems gained traction in response to infrastructure shortages and user needs, open banking emerged as a critical facilitator of financial inclusion and product innovation. Businesses that adopted a customer-centric approach and digital maturity were better equipped to adjust, using API architectures to guarantee operational agility, resilience, and transparency. In the meanwhile, research conducted across the sector highlighted the significance of client readiness, multifaceted risk assessments, and trust in influencing the adoption of open banking solutions. Real-time services and AI-powered interfaces are being implemented to further customize user journeys while striking a balance between accessibility and complexity. The foundation of future-ready banking is API integration, which allows banks, regulators, and third-party suppliers to work together to create the next stage of digital finance as financial institutions continue to update legacy systems.

API-Driven Banking, Open Banking, COVID-19 Remote Work, Digital Transformation, Banking APIs, Platform Ecosystem, Fintech Integration

"API-Driven Banking: How COVID-19 Remote Work Boosted Open Banking and Fintech Integrations", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 10, page no.f514-f519, October-2021, Available :http://www.jetir.org/papers/JETIR2110570.pdf

"API-Driven Banking: How COVID-19 Remote Work Boosted Open Banking and Fintech Integrations", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 10, page no. ppf514-f519, October-2021, Available at : http://www.jetir.org/papers/JETIR2110570.pdf