INSIGHT · US
Banks Struggle to Govern APIs as FinTech Partnerships Proliferate
Banks outsource payments, onboarding, fraud, and analytics to multiple fintech partners via APIs, but lack centralized oversight frameworks. Each partnership introduces new security and compliance surface area.
WHY IT MATTERS
API governance is becoming the bottleneck to partnership velocity. Banks will need AI-driven API monitoring and audit trails to scale fintech ecosystems safely.
Source: PYMNTS · 2026-06-29