Banking Integration Services Kit
Enabling banks to offer digital services to operate in Fintech 2.0 with fun and social embedded
The world is moving to Fintech 2.0 where everyone becomes a Fintech player, embedding financial technology across the value chain. This world is defined by multiple banking and payments relationships, marketplaces and streamlined integration to win. Central Banks finally stop printing money to cut off the drug cartels and shift currencies to the block chain. Service providers everyone having raced to the bottom on price now shift gears to race to the bottom on speed. BISKit allows service providers to provide connections to Moroku ChoreScout and securely wire up other third party providers in an era of open banking, account portability and distributed value chains. Banks and Credit Unions need to expose a API’s to allow them to comply with Open Banking Regulations, develop their own applications and loosely couple their application architecture. Moroku BISKit is such a set of API’s that sit in the public cloud. In the 1.0 release these are designed specifically for those who want to roll out ChoreScout but don’t have APIs available. These are available multi tenanted and serverless on AWS Lambda. Over time the set will be increased to include a broader set of deposit, saving, lending, card, payment and transaction services.
The BISKIT API specifications can be found on Apiary: https://biskit.docs.apiary.io/. The OpenAPI 3 spec yaml file can also be downloaded