Our platform is looking to integrate with additional open banking APIs to enhance data aggregation and payment initiation services for SMEs. We're interested in partnerships with banks or fintechs that have mature, well-documented APIs and are open to collaborative development. Focus on EU/UK initially, but open to other regions. What are your experiences with specific providers?
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Convert to a structured requestAre you only looking at pure API providers, or would you consider a platform that offers a more integrated suite? Sometimes an all-in-one can save a lot of headaches down the line, even if it means less granular control.
While those are good options, I'd also consider some of the newer challengers. Sometimes their APIs are more developer-friendly from the get-go, even if their market share isn't as large yet. Worth exploring.
Collaborative development sounds good, but what's your take on their security protocols? That's always my biggest concern with any third-party integration, especially for payments.
For EU/UK, have you looked into TrueLayer or Plaid? They've got pretty robust APIs and good documentation. We've had a decent experience with TrueLayer for data aggregation specifically.