Re:Starting your own bank is laborious but profitable (2009)
by amelius on Monday August 13, 2018 @02:50PM
(#17752568)
> API to allow for devs and other apps to integrate basic functions
If the API is sufficiently standardized, that could turn banks into commodities: let third-party software figure out the best bank to store your money at any given time, and do all the accounting for you; no need to actually deal with any specific bank manually.
If the API is sufficiently standardized, that could turn banks into commodities: let third-party software figure out the best bank to store your money at any given time, and do all the accounting for you; no need to actually deal with any specific bank manually.